Addressing the summit, President Sisi stressed that developing countries face significant challenges that hinder their aspirations for prosperity and development, including a lack of financing, escalating debts, a widening digital and knowledge gap, and high rates of poverty, hunger, and unemployment, particularly among youth.

Such obstacles make it exceedingly difficult for these countries to achieve acceptable levels of progress and growth, Sisi added.

Sisi urged concerted efforts among developing countries to address these complex challenges by enhancing mutual cooperation and implementing joint projects and initiatives in various fields, including information and communication technology, digital economy, artificial intelligence applications, agriculture, manufacturing industries, and renewable energy, especially green hydrogen.

He also highlighted the importance of supporting and developing small and medium-sized enterprises (SMEs) as a real driver of development in developing countries.

Despite the economic diversity among member states, there is a shared understanding of the importance of exchanging successful experiments to achieve sustainable development goals, Sisi said.

He affirmed Egypt's readiness to share its enlightening experiments, particularly its implementation of the "Decent Life" and "Takaful and Karama" initiatives, as well as its infrastructure and urban development projects. (MORE)
S R E