Launched in 2013, the Belt and Road Initiative (BRI) has significantly influenced global trade, investment, and financial integration. Spanning over 150 countries and involving about 70% of the world's population and more than half of the global GDP, it stands as the first infrastructure initiative of its scale.
Egypt, being among the first nations to join the BRI, has seen remarkable progress over the past decade. Major infrastructure projects, increased foreign investments, and enhanced trade relations have reshaped Egypt's economic landscape. The BRI has not only bolstered Egypt's infrastructure but also fostered closer ties with other Arab states and the broader Middle East region.
The impact of the BRI extends beyond Egypt, bringing transformative changes to the Arab world and the Middle East. From improved transportation networks to the growth of emerging markets, the initiative has paved the way for sustained regional development and economic cooperation.
But the journey doesn't end here. How can the BRI better serve the development rights of more countries and achieve its ultimate goal of building a global community with a shared future? In this article, we speak with Egyptian former foreign minister Nabil Fahmy, who shares his insights on the BRI's successes, challenges, and the path forward for international collaboration and sustainable growth.
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What changes has the BRI brought to Egypt and the Arab world?
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