Dr. Badr Abd Elaaty, foreign and immigration minister has declared in an article in one of the greatest technical periodicals specialized in the field of maritime transport, that decrease of escalation in Red Sea region has its effect on maritime navigation, international trade and supply chains and participates in international economy recovery.
He also pointed out that resume of regular navigation traffic in the Red Sea and Suez Canal serves international economy, especially after a chain of geopolitical challenges, that had its effect on navigation traffic and its stability during the past period, leading to Egypt endurance of a great economic cost.
The minister has assured on Egypt commitment to continue efforts to achieve security and stability in the region