Egyptian, Portuguese FMs discuss Libya situation, Ukraine crisis impacts on supply chains



Mon, 19 Sep 2022 - 07:41 GMT


Mon, 19 Sep 2022 - 07:41 GMT

CAIRO – 19 September 2022: Egypt’s Foreign Minister Sameh Shoukry and his Portuguese counterpart, Joao Cravinho, discussed on Monday the Libyan crisis and the impacts of the Ukraine crisis on food and energy supply chains.

Shoukry and Cravinho discussed developments regarding a number of regional and international issues during a meeting on the sidelines of the 77th United Nations General Assembly, a statement by the Egyptian Foreign Ministry read.

They also discussed the United Nations Climate Change Conference (COP27) that Egypt will host in November in Sharm El-Sheikh city with hopes for a high-level participation by the Portuguese side in the conference.

Egypt is preparing to host COP27 between 6 and 18 November and has been keen to build on the success of Glasgow summit (COP26) in a bid to turn climate pledges into actions.

The Egyptian presidency of COP27 will adopt a clear approach to implement the Paris Agreement at an accelerated pace by addressing the gaps and deficiencies in the global system dealing with climate change, Shoukry announce earlier in September.

During the International Cooperation Forum (ICF) 2022 in the Administrative Capital, Shoukry said COP27 will also enhance trust amongst all parties as each state implements the Paris Agreement.

The geopolitical crisis that has resulted from the Russian-Ukrainian conflict includes global soaring prices of energy, food, and interest rates, Shoukry said.

IFC is held by the Ministry of Foreign Affairs and the Ministry of International Cooperation only a couple of months ahead of COP27 to connect the two conferences as Egypt believes that all institutions, including international financial institutions and multilateral development banks, must cooperate for successful climate action, he added.



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