The European Union has announced a 7.4 billion-euro or $8 billion aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts in neighboring countries could drive more migrants to European shores.
FILE - European Commission President Ursula von der Leyen, right, and Egypt’s President Abdel Fattah El-Sisi pose for the media prior to a meeting on the sidelines of an EU Africa summit in Brussels, Thursday, Feb. 17, 2022. The European Union on Sunday, March 17, 2024, announced a $8 billion aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts in neighboring countries could drive more migrants to European shores.
The mission said that the two sides have promoted their cooperation to the level of a “strategic and comprehensive partnership,” paving the way for expanding Egypt-EU cooperation in various economic and noneconomic areas.Satellite photos show Egypt building a wall near Gaza Strip as Israeli offensive on Rafah loomsEl-Sissi’s office said in a statement that the deal aims to achieve “a significant leap in cooperation and coordination between the two sides and to achieve common interests.
While the Egyptian coast has not been a major launching pad for people smugglers and human traffickers sending overcrowded boats across the Mediterranean to Europe, Egypt faces migratory pressures from the region, with the added looming threat that the Israel-Hamas war will spill across its borders.earlier this month to increase a bailout loan to $8 billion, up from $3 billion, after marathon negotiations.
“EU leaders must ensure that the Egyptian authorities adopt clear benchmarks for human rights,” said Eve Geddie, Amnesty International’s head of the European institutions office. Geddie pointed to Egypt’s restrictions on media and freedom of expression and a crackdown on civil society.
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