Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Resumption of production at El Nasr marks strategic step towards localising automotive industry: El-Shimy    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    United Bank achieves EGP 1.51bn net profit in H1 2025, up 26.9% year-on-year    After Putin summit, Trump says peace deal is best way to end Ukraine war    Jordan condemns Israeli PM remarks on 'Greater Israel'    Egypt's Supreme Energy Council reviews power supply plans for 14 industrial projects    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egyptian pound closes high vs. USD on Tuesday – CBE    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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No alternative for regional integration in Africa, Egypt's Sisi tells African leaders
Published in Ahram Online on 18 - 07 - 2016

There is no substitute for taking a model of regional integration in Africa, Egypt's President Abdel-Fattah El-Sisi said to African leaders on Monday during the African Union (AU) Summit currently being held in Rwanda.
During a closed session for African leaders, El-Sisi said that this is not only due to historical aspects and human relations that connect African nations, but due to the practical necessities where African economic development needs coordinated efforts on a regional and continent level, executing specific set plans and established on dividing work between African countries.
According to the Egyptian president, such a strategy would reflect positively on the appeal of African markets for investments, therefore leading to consistent rates of economic growth.
El-Sisi also stressed in a speech during discussions held on presidential level the importance of finding ways to increase available resources to execute projects according to the frame of the first ten year plan of the African 2063 Development Agenda.
In a speech during informal presidential talks, El-Sisi pointed at the importance of finding methods to promote the contribution of member states in financing the activities of the African Union, taking into account the economic conditions of African countries in order to accomplish an 'African Ownership' strategy and ensure no obtrusion on the eligibility of the African continent to formulate its objectives and priorities.
During a closed session meeting Sunday, Egypt's El-Sisi discussed the importance of having an African free trade area, stating that Egypt was looking forward to the success of the talks and hinting at the previous summit success of the three African economic regional free trade areas: the Common Market for Eastern and Southern Africa, the Southern African Development Community and the Eastern African Community.
A vision for the free trade area will be up for discussion in the upcoming summit set to be held in Ethiopia's Addis Ababa in January 2017.
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