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- The three-year EU-Egypt strategic partnership aims to facilitate economic reforms and avert a migration crisis within the region.
- The triennial agreement represents the latest endeavour by the bloc to prevent refugees from traversing the Mediterranean.
EU-Egypt strategic partnership
EU leaders have finalised a deal worth $7.4 billion with Egypt to bolster the nation’s struggling economy. This move seeks to foster stability within the “troubled” region and prevent a new European migration crisis.
The three-year EU-Egypt strategic partnership includes $5 billion in soft loans to facilitate economic reforms, $1.8 billion to encourage private sector investments, and $600 million in grants. Of these grants, $200 million is allocated for migration management.
Following months of intense and productive diplomatic engagement between the EU and Egypt, six EU leaders journeyed to Cairo on Sunday, as stated by Italian Prime Minister Giorgia Meloni.”
The visit occurred just days following allegations by members of the European …
- On Thursday, the European Parliament held a vote to consider a new report that would revive its EU Africa trade agreement as advocated for in this paper, which has been forwarded to the European Commission (EC) for deliberation and, if necessary, resolution
- The paper, which was authored by the EU Committee on International Trade, provides a number of suggestions for potential investments in Africa in the future
- The vote on the “Future of EU-Africa commercial ties” will centre on five primary topics: food security, infrastructure, fair trade treaties, civil society, and workable economic development
On Thursday, the European Parliament held a vote to consider a new report that would revive EU Africa trade agreements.
More equitable treatment of African nations within the context of their existing bilateral trade agreements is advocated for in this paper, which has been forwarded to the European Commission (EC) for deliberation and, if necessary, resolution.…