Why Turkey is wooing Egypt How will improved relations between Cairo and Ankara boost bilateral trade and joint investment? A number of Egyptian businesspeople are keeping fingers crossed that easing tensions between the two Mediterranean countries will open up new opportunities.
President of Turkey, Recep Tayyip Erdogan gestures as he gives a press conference after the cabinet meeting at the Presidential Complex in Ankara, Turkey, on Sept. 21, 2020.
April 3, 2021
Turkey may be seeking a way to ease its economic turmoil by wooing Egypt for more business and bilateral trade. Egyptian economists and Turkish affairs experts say Ankara’s recent efforts to reset relations are meant to help counterbalance its isolation from the European Union and a number of Arab countries.