Egyptian parliamentarian Mohamed Mustafa Koshir, a member of the Senate's Industry Committee, commended the Egyptian government's statement at the United Nations General Assembly. The statement, delivered by Prime Minister Mostafa Madbouly, highlighted Egypt's stance on various regional and international issues. Koshir emphasized that the statement reflected Egypt's commitment to restoring trust in the multilateral system and promoting the role of international law in addressing crises.
Koshir specifically highlighted Prime Minister Madbouly's emphasis on the importance of water security for Egypt, describing it as a "matter of existence that cannot be compromised." This, Koshir noted, demonstrates a clear understanding of the link between water and national security, as well as sustainable development. He stressed the need for binding and fair rules to manage transboundary water resources, ensuring that the rights and interests of all countries are preserved.
The parliamentarian also welcomed Madbouly's call for reforming the international financing system, which Koshir described as a crucial issue for developing countries. With rising debt burdens and financing costs, Koshir emphasized that providing concessional financing and expanding the capacity of multilateral development institutions can support investment, production, and job creation, ultimately contributing to economic stability.
Koshir further noted the significance of Madbouly's remarks on artificial intelligence and technological transformation, particularly in light of rapid changes in the global economy. He stressed the need for developing countries to acquire technological tools, develop skills, and build digital infrastructure to avoid widening the technological gap and missing out on development opportunities.
The Egyptian parliamentarian also endorsed the country's stance on the Palestinian issue, as expressed by Prime Minister Madbouly. Koshir emphasized that achieving peace and regional stability requires addressing the root causes of the conflict, including stopping the firing, ensuring humanitarian aid delivery, rejecting Palestinian displacement, and rebuilding.
According to Koshir, the broader message conveyed by Egypt's statement is the need to shift from crisis management to addressing its underlying causes. He emphasized that Egypt has a comprehensive vision that supports development, promotes international cooperation, respects state sovereignty, and reforms international institutions to make them more responsive to global challenges.
Ultimately, Koshir expressed confidence that Egypt's vision can contribute to building a more balanced and sustainable global economy that serves the interests of all nations. The country's statement at the United Nations reflects its commitment to promoting international cooperation and addressing pressing global challenges.
Key points
- Egypt's statement at the United Nations emphasizes the need to restore trust in the international system.
- The country's stance on water security, financing, and technological transformation reflects its commitment to addressing pressing global challenges.
- Egypt's vision for international cooperation and development aims to promote a more balanced and sustainable global economy.