Turkish President Recep Tayyip Erdogan said that his country is one of Egypt's five largest trading partners, and that it is looking forward to increasing cooperation with Cairo.

Erdogan added, during a joint press conference with Egyptian President Abdel Fattah El-Sisi, who is on a visit to Turkey, “We want to strengthen relations with Egypt in the gas and nuclear energy sectors.”

For his part, Al-Sisi said, “We aim to bring about a qualitative shift in relations with Turkey.”

Sisi and his Turkish counterpart, Erdogan, signed a joint statement for the first meeting of the High-Level Strategic Cooperation Council between Egypt and Turkey.

A number of memorandums of understanding were signed between the two countries in the capital, Ankara.

Erdogan explained in his speech that Türkiye affirmed its will to enhance cooperation with Egypt in all fields. Including industry, trade, defence, health, environment and energy.

He also stressed Turkey's determination to raise the volume of trade exchange between the two countries to $15 billion annually during the next five years, and to continue multidimensional relations with Cairo on the basis of mutual profit.

At the level of the Palestinian file, President Erdogan indicated that Turkey and Egypt adopt a common position towards the Palestinian issue.

He said that the contributions of Turkey and Egypt to regional peace and stability are vital.