Abdel Rahman Mohamed - Cairo
Egyptian President Abdel Fattah al-Sisi arrived in Austria on Sunday for a four-day visit to hold summit talks with Austrian Chancellor Sebastian Kurtz and take part in the high-level forum between Africa and Europe.
During the visit, the Egyptian president will raise the number of his foreign visit since he took office in 2014 to 90 official visits including Arab, African, European, Asian and American countries, a record compared to former presidents, according to the presidency.
While journalists and parliamentarians in Egypt celebrate the intensity of foreign tours of the Sisi and say they have a "big and strong" impact on all levels in Egypt - mainly attracting foreign investment and effective presence of Egypt in international forums - the politicians and economists have not found indicators or results to prove that positive in light of the deterioration and decline of the investment sector Foreigner who has been the Egyptian media confirms support for those visits to him.
In October, the Sisi tours included four stations that began with a tripartite meeting with leaders of Greece and Cyprus on the Greek island of Crete, followed by a three-day visit to Russia followed by a visit to Sudan, ending with a four-day visit to Germany on the sidelines of the G-20 summit. Partnership with Africa.
In previous statements in one of the satellite channels, the media said Khaled Abu Bakr that the visits of Sisi witnessed the talks and agreements and memorandums of understanding in various fields with countries of the world, pointing out that he visited countries not visited by any Egyptian president before.
As for the media, Lubna Asal believes that these visits have a clear impact on various sectors in Egypt.
Media and parliament
The leader of the parliamentary majority Abdul Hadi al-Qasabi praised the intensity of these visits and considered it an affirmation of the return of Egypt to its leadership and openness to the outside world, and the significance of its strength in the Middle East, while MP Majdi Bayoumi believes that these visits Played an important role in promoting cooperation between Egypt and the Great Powers.
However, what was revealed by the latest reports of the Central Bank of the decline of foreign investment for the sixth month in a row and the loss of the treasury $ 1.1 billion during September to total foreign investment out during this period about $ 8.4 billion, prompting experts to question the feasibility of these tours and the fact of allegations Positive.
Mamdouh Al-Wali, an economist and former press chief, notes that central bank data on foreign direct investment (FDI) during the first five years of the current regime indicate that it amounted to about $ 29.31 billion, unlike sales of foreign investments in debt instruments, And the exit of foreign investments from the Egyptian stock exchange.
For example, Greece's investments during the five years amounted to about 55 million dollars, and the investments of Cyprus in Egypt amounted to only 58 million dollars, despite the exchange of frequent visits with its presidents. , And the repeated holding of joint summits with them.
Al-Wali said that these visits will not be effective with the continuation of what he describes as "political instability and security" in the country and "the continuation of bureaucracy and corruption and the high cost of bank borrowing and difficulty."
| Sisi in a previous meeting with Russian President Vladimir Putin (European) |
Naturally and naturally
In an interview with Al-Wali in the absence of effective Sisi tours on the Egyptian economic reality, economic expert Mustafa Abdel-Salam considers that it is obvious and natural in light of Egypt's lack of climate attractive to foreign investment and the absence of legislation to protect local investors before foreigners.
"Unlike the pro-regime media in Egypt, the Sisi's foreign tours can not be considered attractive to foreign investment or even beneficial to the Egyptian economy because the foreign investor is looking for a stable state in legislation and weak economic and financial risks.
The lack of these tours of effectiveness depends not only on the economic and investment aspects, according to Abdullah al-Ashal, professor of international law and former ambassador. Despite the intensity of these tours, Egypt's political image abroad is "bleak, negative, According to Ash'al.
Asheil, a former assistant to the foreign minister, stresses that the intensity of the tours of any president is not evidence of effective diplomatic activity, and it may be quite the opposite. He went on to say that the true motives for the Sisi tours are not as they appear in the Egyptian media. His words.
Al-Ash'al, in his speech to Al-Jazeera Net, is based on the results of the various Sisi visits and tours, which he sees as not transparent and credible, most of which are deliberate ambiguity and deliberate confusion, referring to the results of the Sisi visits that took place last month.