El Shahed said Egypt's participation reflects the Egyptian state's keenness to actively engage in international economic blocs and adopt multilateral visions that support sustainable development and open new horizons for cooperation with international partners, especially amidst current global economic challenges.
He added that the summit's discussions highlighted a deep
understanding of the challenges facing the global economy and the need for
unconventional cooperation tools that support growth, stimulate investments,
and provide innovative solutions for financing sustainable development
projects.
El Shahed noted that Egypt's initiatives in energy,
infrastructure, digital transformation, and debt-for-investment swaps align
with the Egyptian business community's priorities, which seeks to deepen
cooperation with BRICS nations and leverage their experiences.
The head of the Giza Chamber of Commerce also praised the
launch of the new BRICS Investment Platform, calling it an advanced mechanism
for linking national projects with regional initiatives, expanding private
sector participation, and mobilizing capital in strategic sectors. He also
lauded the growing role of the New Development Bank (NDB) as a financing arm
capable of meeting the needs of developing economies and supporting their
priorities.
El Shahed affirmed the Giza Chamber of Commerce's support for efforts to expand international partnerships and activate economic cooperation between Egypt and BRICS countries. He stressed that the next phase requires leveraging the financing and investment opportunities provided by these blocs to enhance the Egyptian economy's competitiveness and encourage the business community to expand into productive and developmental projects.