New Suez Canal to have Strong Impact on Egypt’s Economy: Kerry

U.S. Secretary of State John Kerry asserted Sunday that the New Suez Canal is a large project that will have significant effect on the Egyptian economy.

Kerry, who arrived to Cairo on Saturday, made these statements during the long-awaited bilateral Strategic Dialogue with Egypt’s Minister of Foreign Affairs Sameh Shoukry.

Egypt has suffered a lot form the terrorism within the past period, Kerry said, noting that the United States is completely understanding the risks that facing Egypt on its borders.

He emphasised that the US has an absolute trust in Egypt which is playing a vital rule in the Middle East region.

Kerry further affirmed that Egypt – headed by the president Abdel Fattah al-Sisi- has exerted great effort to enhance the power field.

Kerry’s visit is set to end on Monday, after which he will visit Doha and Qatar to meet with the foreign ministers of the Gulf Cooperation Council (GCC).

The dialogue is expected to “reaffirm the United States’ longstanding and enduring partnership with Egypt, and will provide a forum to discuss a broad range of political, economic, security, and cultural issues to address issues of importance to each side and further our common values, goals, and interests,” according to a statement from the US Department of State spokesperson John Kirby.