By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
    Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
    June 1, 2023
    Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
    Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
    June 1, 2023
    Egypt hosts InnoXera Summit on education in artificial intelligenceage
    Egypt hosts InnoXera Summit on education in artificial intelligenceage
    June 1, 2023
    Egyptian economy offers great competitive advantage, diversified investment opportunities: Ayman Soliman
    Egyptian economy offers great competitive advantage, diversified investment opportunities: Ayman Soliman
    June 1, 2023
    Egypt's new membership in New Development Bank enhances South-South cooperation: Al-Mashat
    Egypt’s new membership in New Development Bank enhances South-South cooperation: Al-Mashat
    June 1, 2023
  • Politics
    PoliticsShow More
    India train crash kills at least 207, injures hundreds 
    India train crash kills at least 207, injures hundreds 
    June 3, 2023
    Madbouly reaffirms Egypt’s unwavering assistance for Palestine
    Madbouly reaffirms Egypt’s unwavering assistance for Palestine
    June 1, 2023
    Egypt reiterates firm position in support of Palestinian cause: Shoukry
    Egypt reiterates firm position in support of Palestinian cause: Shoukry
    June 1, 2023
    Egypt and France discuss joint cooperation in the health sector
    Egypt and France discuss joint cooperation in the health sector 
    June 1, 2023
    AU praises Egypt's role in achieving sustainable peace in Africa despite challenges
    AU praises Egypt’s role in achieving sustainable peace in Africa despite challenges
    May 31, 2023
  • Interviews
    InterviewsShow More
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    May 31, 2023
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Egypt, Austria discuss rising global energy, food prices
Share
Notification
Latest News
India train crash kills at least 207, injures hundreds 
India train crash kills at least 207, injures hundreds 
Politics Breaking News World
Adding flavour of innovation to F&B industry in Africa
Adding flavour of innovation to F&B industry in Africa 
Women
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Women
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Banking
Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Egypt, Austria discuss rising global energy, food prices
Business

Egypt, Austria discuss rising global energy, food prices

Sami Hegazi
Last updated: 2022/07/03 at 8:21 PM
By Sami Hegazi 6 Min Read
Share
Egypt, Austria discuss rising global energy, food prices
SHARE

Minister of Foreign Affairs Sameh Shoukry met with his Austrian counterpart Alexander Schallenberg on Sunday within the framework of strengthening bilateral relations between Egypt and Austria.

The two ministers held a session of bilateral talks to discuss ways to enhance cooperation between Egypt and Austria, especially in the political, economic, and investment fields, as well as international and regional issues of common concern.

In a joint press conference, Shoukry said that the talks touched on regional and international issues of mutual concern and coordination on special developments in the region, clarifying that relations between Egypt and Austria are based on mutual trust and friendship.

He added that the consultations touched on bilateral relations, the economic sector, and promising opportunities between the two countries, along with expanding the scope of cooperation.

Furthermore, Shoukry noted that the Austrian FM will sign an important contract to supply railway tracks for Egypt’s projects and establish a factory to produce its components in Egypt.

He also pointed out that the talks touched on the situation in the occupied Palestinian territories, the situation in Syria, Libya, and Yemen, and the situation in Africa, explaining that the Grand Ethiopian Renaissance Dam (GERD) was one of the topics that was emphasised in the discussions, pointing to the importance of informing Austria as a member of the EU about the Egyptian position on the GERD.

Additionally, Shoukry expressed his rejection of military solutions in Libya, stressing that dialogue is the only way to hold presidential and legislative elections as soon as possible in accordance with the interests and sovereignty of Libya.

He also highlighted the efforts made by the meetings of the constitutional track in Cairo and then in Geneva and the meetings of the Joint Military Committee to consolidate the cease-fire, stressing that the unrest that took place indicates the dissatisfaction of a large segment of Libyans to postpone the elections.

Shoukry then went on to say that Egypt supported the Libyan political dialogue forum, but it was not implemented, and the time period for the implementation of the road map was exceeded, adding that Egypt, however, continues to push for a Libyan consensus that will lead to elections.

He then called for respecting the legitimacy of the Libyan House of Representatives and the Presidential Council and working to push for holding the elections, stressing the importance of the departure of all foreign forces from Libya and resolving the problem of militias.

Moving on, the Egyptian top diplomat stressed that the Russian-Ukrainian War has had an impact on all countries of the world, clarifying that Egypt is one of the largest importers of wheat in the world, but that it has sufficient reserves for its people and is working to acquire more quantities.

He added that cooperation with the UN is crucial to ensure the safe exit of grains and to deal seriously with food security, noting that Egypt is in contact with all parties to restore stability and halt military operations in general so the crisis can be fully resolved.

Moreover, he touched on the Egyptian economic reform programme, which enabled the country to overcome the repercussions of the coronavirus pandemic and the war in Europe.

The FM also said that Egypt is making a major effort with European partners to combat illegal migration and provide the appropriate framework, noting that the Egyptian state has made great efforts to combat illegal migration and succeeded in preventing the phenomenon in Egypt since September 2016.

He went on to say that Cairo is hosting about 6m refugees in the country and allows them to be integrated in the Egyptian society.

“We do this within the framework of our international responsibility and the sensitivity of this issue to European countries, as well as the risks of migrants crossing the Mediterranean in an unsafe manner, and we hope that the issue will be dealt with in a comprehensive perspective,” he added.

For his part, Schallenberg said that Egypt is a key partner of the EU, adding that the two FMs’ talks touched on the fight against terrorism, illegal immigration, the Russian-Ukrainian War, and the global food crisis resulting from it.

“Austria has provided €100m to help solve the world food crisis,” he said, noting that the EU stands with Ukraine to solve the world food crisis.

He added that the climate situation in the world is of great importance, and that work is currently underway to make the UN Conference of Parties on Climate Change (COP 27) that will be held in Sharm El-Sheikh in November a success, pointing out that his country fully supports Egypt’s efforts in its presidency of the event.

You Might Also Like

Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone

Egypt, GIZ sign agreement of €8m to support e-government, innovation in management

Egypt hosts InnoXera Summit on education in artificial intelligenceage

Egyptian economy offers great competitive advantage, diversified investment opportunities: Ayman Soliman

Egypt’s new membership in New Development Bank enhances South-South cooperation: Al-Mashat

TAGGED: Austria, energy, food
Share this Article
Facebook Twitter Email Print
Previous Article Egypt’s Al-Sisi inaugurates Adly Mansour Metro Station, launches LRT electric train Egypt’s Al-Sisi inaugurates Adly Mansour Metro Station, launches LRT electric train
Next Article Egyptian-Gulf consortium awaits FRA approval to acquire Domty Egyptian-Gulf consortium awaits FRA approval to acquire Domty
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

India train crash kills at least 207, injures hundreds 
India train crash kills at least 207, injures hundreds 
Politics Breaking News World
Adding flavour of innovation to F&B industry in Africa
Adding flavour of innovation to F&B industry in Africa 
Women
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Women
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Banking
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?