He emphasized the importance of the New Development Bank's role in providing concessional financing to support development projects in these nations.
The value of Egyptian exports to the BRICS bloc reached $5.7 billion during the first 8 months of 2024, compared to $5.3 billion during the same period in 2023, an increase of 7.3%.
During the meetings, Kouchouk emphasized the potential of the BRICS group to significantly reshape the global economic landscape in favor of emerging and developing countries.
She urged governments to allocate portions of their budgets to priority projects and highlighted the importance of prioritizing infrastructure projects that can attract private sector investments and foster public-private partnerships
Maait stated that the loan is anticipated to be secured before the conclusion of 2024.
