Egypt Says It Has Achieved Major Gains Through BRICS Membership

Source: RT Arabic | Original Published At: 2026-05-16 15:11:37 UTC

Key Points

• Egypt’s Foreign Ministry said the country has achieved significant and unprecedented benefits from joining BRICS.
• Cairo officially joined BRICS at the beginning of 2024, describing the move as strategic for diversifying economic partnerships.
• An Egyptian Foreign Ministry spokesperson said Egypt’s trade with BRICS countries rose to about $45 billion, with expectations of further growth.
• BRICS countries account for around 3.5 million inbound tourists to Egypt, supporting Egypt’s target of 30 million tourists by 2030.
• Egypt called at the recent BRICS foreign ministers’ meeting in New Delhi for stronger economic cooperation and joint projects in energy, manufacturing, infrastructure, and technology.
• The report says BRICS membership gives Egypt new opportunities to access New Development Bank financing for major infrastructure projects and expand exports to Asia, Latin America, and Africa.