Tri­lat­eral co­op­er­a­tion, en­ergy and in­vest­ments on agenda in Egypt

Financial Mirror (Cyprus) - - FRONT PAGE -

For­eign Minister Ioan­nis Ka­soulides con­cluded his two­day work­ing visit to Cairo with sep­a­rate meet­ings with Pres­i­dent Ab­del Fat­tah al-Sisi, Prime Minister Sherif Is­mael and For­eign Minister Sameh Shoukry, dis­cussing the prac­ti­cal im­ple­men­ta­tion of co­op­er­a­tion projects be­tween the two coun­tries.

Ka­soulides and Pres­i­dent al-Sisi also dis­cussed se­cu­rity, en­ergy and in­vest­ment is­sues and de­fined the course of co­op­er­a­tion based on the de­ci­sions taken dur­ing the tri­lat­eral High Level Sum­mit amongst Cyprus, Egypt and Greece, held last De­cem­ber.

They fur­ther reviewed “the prepa­ra­tions for the Egyp­tGreece-Cyprus Tri­lat­eral Sum­mit, which will take place in Egypt in Oc­to­ber, and ex­changed views on re­gional mat­ters and the EU - Egypt re­la­tions.

The pre­vi­ous tri­par­tite meet­ing be­tween Greece, Egypt and Cyprus was held in Athens last De­cem­ber and had re­sulted in set­ting up a per­ma­nent con­sul­ta­tion and co­op­er­a­tion mech­a­nism be­tween the three coun­tries to be co­or­di­nated by the For­eign Min­istries.

Ka­soulides fur­ther pointed out that “we need to put em­pha­sis on the i mple­men­ta­tion of joint projects of co­op­er­a­tion; projects on the en­ergy sec­tor; and in the field of agri­cul­ture and tourism, which would have a di­rect pos­i­tive im­pact on our economies and on our so­ci­eties.”

“The com­mit­ment of Pres­i­dent Sissi to bring in­vest­ments and jobs to Egypt is com­mend­able, and I have ex­pressed our in­ten­tion to work closely with the Egyp­tian au­thor­i­ties to­wards this aim,” Ka­soulides said.

Dur­ing the meet­ing with the Prime Minister of Egypt, the bi­lat­eral re­la­tions were reviewed and new im­pe­tus was pro­vided for the conclusion of co­op­er­a­tion agree­ments and pro­grammes in the field of econ­omy, en­ergy, tourism, trans­ports, health and ed­u­ca­tion. Special em­pha­sis was also given on the third round of li­cens­ing in the Cyprus Ex­clu­sive Eco­nomic Zone and the ex­ploita­tion of the re­serves in “Aphrodite” field.

Dur­ing the po­lit­i­cal de­lib­er­a­tions, Minister Ka­soulides ex­changed views with his Egyp­tian coun­ter­part on re­gional de­vel­op­ments, es­pe­cially on the Mid­dle East peace process, the cri­sis in Libya, Syria and Ye­men, as well as the wider sit­u­a­tion of in­sta­bil­ity in the re­gion and a con­ver­gence of opin­ions was ex­pressed.

The Cypriot Minister praised Egypt’s lead­ing role in the Mid­dle East and its essential con­tri­bu­tion to the sta­bil­ity of the wider re­gion through mod­er­ate ap­proaches. Fur­ther­more, he high­lighted the need for a closer co­op­er­a­tion be­tween the Euro­pean Union and Egypt, in the con­text of the new Euro­pean Neigh­bor­ing Pol­icy. On the side­lines of his visit to Cairo, Ka­soulides met on Mon­day with the Sec­re­tary Gen­eral of the Arab League, Ahmed Gheit, the Speaker of the House of Rep­re­sen­ta­tives, Dr. Ali Ab­del Aal, and the Minister of Mil­i­tary Pro­duc­tion, Gen­eral Mo­hammed Al As­sar.

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