Egypt's Mursi due in Germany on shortened visit

Mursi will meets German Chancellor Angela Merkel and powerful industry groups in Berlin.

Egypt's Mursi due in Germany on shortened visit

World Bulletin / News Desk

President Mohamed Mursi is to leave Egypt's political crisis behind on Wednesday with a short trip to Germany to seek urgently needed foreign investment.

But with the Egyptian army chief warning on Tuesday that the state was on the brink of collapse after days of lethal street violence, Mursi cancelled plans to go on to Paris from Berlin and will instead hurry back to Cairo later in the day.

Fifty-two people have been killed in unrest surrounding the two-year anniversary of Egypt's popular revolution.

His supporters say protesters want to overthrow Egypt's first democratically elected leader, who hails from the Muslim Brotherhood.

Mursi on Monday declared a month-long state of emergency in three violence-ridden cities on the Suez Canal - Port Said, Ismailia and Suez, imposing a curfew and allowing soldiers to arrest civilians.

Mursi will meets German Chancellor Angela Merkel and powerful industry groups in Berlin.

Germany industry leaders see potential in Egypt but are concerned about political instability there.

"At the moment many firms are waiting on political developments and are cautious on any big investments," said Hans Heinrich Driftmann, president of Germany's Chamber of Industry and Commerce (DIHK).

DIHK's Africa expert Steffen Behm said no companies were leaving Egypt but none were newly setting up there either.

Last Mod: 30 Ocak 2013, 15:44
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