Date: Monday, 20 October 2025
Foreign Minister Badr Abdelatty affirmed that governance of the Red Sea is the exclusive responsibility of its coastal countries, stressing their leading role in protecting its security, stability, and natural resources in ways that strengthen regional cooperation and shared interests.
FM Abdelatty made the remarks during a high-level session at the fifth Aswan Forum for Sustainable Peace and Development on Sunday.
According to the Egyptian Foreign Ministry, the session, titled “Connecting Continents and Building the Future through the Red Sea: Opportunities for Arab-African Economic Integration,” was attended by Somali Foreign Minister Abdi Salem Ali, Sudanese Foreign Minister Mohy Eldin Salem, Saudi Deputy Foreign Minister Waleed Al-Khuraiji, EU Special Envoy for the Horn of Africa Annette Weber, and World Bank representative Gary Milante.
During the session, Abdelatty announced the launch of the Suez and Red Sea Initiative for Economic and Maritime Development (StREAM), a plan to promote sustainable growth in the region.
The initiative focuses on four key pillars: advancing the blue economy, upgrading infrastructure and ports, protecting the marine environment, and deepening economic integration.
The minister said that achieving stability and prosperity in the Red Sea region depends on strong political will, closer Arab-African cooperation, and effective international support.
He also reviewed Egypt’s recent efforts to address challenges in the Red Sea, including the drop in Suez Canal revenues.
Abdelatty highlighted the Suez Canal Authority’s plans to diversify its income by expanding maritime services and transforming the canal into a regional logistics hub.
He further noted Egypt’s diplomatic efforts to promote political solutions in Yemen, stabilize the Horn of Africa, end the conflict in Sudan, and restore security in Somalia.
The session also included discussions on regional security challenges arising from the situations in Sudan, the Horn of Africa, and Yemen, and their effects on global navigation and trade.
Activities of the fifth edition of the Aswan Forum for Sustainable Peace and Development
