OPEN// FM stresses restoring maritime stability in Red Sea, Suez Canal serves global economy

CAIRO, May 24 (MENA) - Foreign Minister Badr Abdelatty emphasized that the resumption of regular maritime traffic in the Red Sea and Suez Canal serves the global economy, particularly in light of recent geopolitical challenges that have affected navigation with Egypt bearing heavy economic cost.
His remarks were made in an opinion article published in Lloyd's List, a leading international journal specializing in maritime shipping and logistics.
Abdelatty highlighted the impact of de-escalation efforts in the Red Sea region on improving maritime safety, international trade and resilience of global supply chains.
The article reaffirmed Egypt's firm commitment to ensuring regional security and stability.
"In the meantime, we must simultaneously address the root cause of regional escalation in order to preserve the current state of stability in the Red Sea. As such, Egypt will continue to exert its utmost efforts to achieve a permanent ceasefire in Gaza and establish a political horizon that fosters peace and security between both Palestinians and Israelis," the foreign minister wrote. (MENA)
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