Egypt and Greece to expand cooperation in energy and regional security issues

A meeting held on Monday between the Greek Prime Minister Kyriakos Mitsotakis and Egyptian President Abdel Fattah Sisi in Cairo accorded the fact that both Egypt and Greece are agreed to grow their cooperation in the field of regional securities and energy.

It has been said that the cooperation at the economic and military levels has been deepened so far. The meeting focused on strengthening the trilateral cooperation between Greece, Egypt, and Cyprus.

Greece is known for its best-managed tourism, and Egypt reached out for their cooperation in tourism and some changes in the economy. Many other regional development issues were also taken into account.

Once Egypt and Greece signed an agreement designating an exclusive economic zone in the Eastern Mediterranean, a particular region containing petroleum and natural gas, Turkey strongly opposed this decision. According to it, this agreement violated the continental shelf of Turkey and Libya. Hence it was declared ‘null and void.’ Thus this time, President Abdel stressed such loopholes in the agreements that could cause trouble later. Furthermore, he firmly stated that international privacy laws should not be hindered at any cost.

Recently in April, both the countries signed a program for military cooperation with officials from Hellenic National Defence General Staff and their Egyptian counterparts. This included a broad range of military activities that will take place in both countries and will focus on the joint exercises and training on all three armed forces.

According to the Egyptian President, they also discussed the issue, i.e., supporting peace and normalcy in the neighboring countries. They discussed the developments in Libya too.

Mitsotakis referred to the energy enhancement agreement too. They are planning a connection of Egyptian and Greek electricity networks through an undersea cable, calling it a step that would help both nations. The relative memorandum is also ready for its approval.

Hence the major corporation agreement meeting was fruitful for both nations. They are planning another meeting on Monday with Prime Minister Mostafa Madbouly and members of the Greek community.

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