ERDOGAN ARRIVES IN EGYPT

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Seeking to mend the ties between Turkey and Egypt that were fractured ten years ago, Erdogan will meet with Sisi today in Cairo.

It follows the restoration of diplomatic links last year when both countries appointed ambassadors.

ERDOGAN ARRIVES IN EGYPT 1

Increasing trade on the agenda

Increasing the trade volume between the two countries is high on the agenda of the two leaders’ meeting.

Turkey and Egypt’s trade volume is almost $7bn. Egypt’s sales to Turkey are worth $3.65bn, while the latter’s exports to the former stand at $3.34bn.

Currently, Turkey mainly imports plastic and plastic products, mineral fuel and oil, artificial textile materials and inorganic chemicals from Egypt.

Egypt mainly buys iron and steel, machinery, and mechanical and automotive parts from Turkey.

Turkey to sell drones to Egypt, official says
Turkish Foreign Minister Hakan Fidan says Egypt intends to buy unmanned aerial vehicles (UAVs) from Turkey.

“The process of normalising our relations with Egypt has been largely completed,” said Fidan in a televised interview earlier this month.

“Normalisation in our relations is important for Egypt to have certain technologies; we have an agreement to provide unmanned air vehicles and other technologies [to Egypt],” Fidan said without further elaborating.

He also said that cooperation with Egypt is important within the scope of the Israel-Palestine issue and security in the Mediterranean.

Source: Al Jazeera

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