CAIRO – 14 February 2024: The change in regional and international geopolitical conditions have paved the way for the visit of Turkish President Recep Tayyip Erdogan to Egypt after months of restoring diplomatic relations, which had followed years of boycott. As a consequence, Turkey returned to pragmatism in its foreign policy, which is necessary to build upon common interests and disregard differences. That decision comes in light of the transformation of the global scene as the Russia-Ukraine War is starting its third year and the U.S.-China competition is influencing the Middle East. Egypt equally eyes boosting trade exchange between the two countries to $20 billion up from the $7.7 billion recorded in 2023. Given that Egypt exempted Turkish citizens from the visa, it contemplates a rise in the flow of Turkish investments as well as tourists whose number increased fivefold since the exemption began in April 2023.

Source: Egypt Today February 14, 2024 14:22 UTC