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Turkey inches closer to Egypt

The Turkish finance minister is planning a visit to Egypt next month in the latest step toward rapprochement between the two countries.

KHALED DESOUKI/AFP via Getty Images
Egypt's Deputy Foreign Minister Hamdi Sanad Loza (background) meets with his Turkish counterpart Sedat Onal (foreground) in the Foreign Ministry headquarters in the Egyptian capital Cairo on May 5, 2021. — KHALED DESOUKI/AFP via Getty Images

In a new step toward rapprochement between Egypt and Turkey, Turkish Minister of Treasury and Finance Nureddin Nebati will visit Egypt on June 1.

The visit, the first by a Turkish minister to Cairo in nine years, marks a significant step in Turkish-Egyptian bilateral relations following the diplomatic rupture in 2013. 

In a May 18 statement carried by the state Turkish Radio and Television Corporation, the ministry said that Nebati will head a delegation to Egypt to take part in the annual meetings of the Board of Governors of the Jeddah-based Islamic Development Bank. It read that Nebati will also hold bilateral talks with his Egyptian counterparts and representatives of the Islamic Development Bank. No more details were given on the topics to be discussed.

The Islamic Development Bank’s annual meeting, which will be held in Sharm el-Sheikh June 1-4, will tackle the bank’s future strategies and the latest developments related to the Turkish economy and economic policies in place.

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