As Egypt solidifies its position within BRICS at the 17th summit in Rio de Janeiro, its deepening collaboration with China emerges as a cornerstone of its economic strategy. Egyptian Prime Minister Mostafa Madbouly, speaking on behalf of President Abdel Fattah El-Sisi, highlighted the nation's commitment to leveraging international partnerships to address development challenges and harness advanced technologies.
Madbouly emphasized the critical need for concessional financing and technology transfers to developing nations during his summit address, framing these as prerequisites for sustainable growth. His remarks align with Egypt's recent progress in executing large-scale infrastructure and energy projects, many developed through strategic cooperation with China.
Analysts point to China's role as a key architect of Egypt's modernization drive, particularly in sectors like renewable energy, industrial parks, and artificial intelligence. This partnership has accelerated since Egypt's formal BRICS accession, with joint initiatives demonstrating a shared focus on aligning economic growth with environmental sustainability.
The collaboration reflects broader trends in Global South cooperation, as emerging economies increasingly shape multilateral frameworks. With BRICS now accounting for over 40% of global population and 25% of world GDP, Egypt's active participation signals its ambition to become a regional hub connecting African markets with Asian investment.
