On February 4, President Recep Tayyip Erdoğan of Türkiye announced that bilateral trade with Egypt would be raised to 15 billion dollars (approximately 22 trillion won).
The Presidency of Türkiye reported that President Erdoğan visited Cairo, Egypt’s capital, where he held a summit meeting with President Abdel Fattah el-Sisi of Egypt.
At the joint press conference, Erdoğan said, "Egypt continues to be Türkiye’s biggest trade partner in Africa. We aim to increase our bilateral trade volume, which has remained in the 8–9 billion dollars range over the past three years, to 15 billion dollars."
President Erdoğan continued, "I am extremely happy that the Turkish firms’ investments in Egypt have neared 4 billion dollars. We will address opportunities for mutual investments and cooperation during the business forum, where we will meet with our business people. We want to develop joint projects in the areas of energy and transportation as well."
Meanwhile, at the press conference, President Erdoğan stated, "Foreign interventions in our neighbour Iran will pose significant risks to the entire region. Solving the problems with Iran, including the nuclear dossier, through diplomacy will be the most accurate method."