The European Union (EU) is in talks with the Egyptian government and relevant authorities to provide a new funding package that includes loans, grants, and credits to address the economic challenges caused by the conflict in Gaza and other geopolitical issues, according to the Head of the European Union Delegation to Egypt, Ambassador Christian Berger. Berger revealed that Egypt’s agri-food exports to Europe increased by 50% during the current year compared to last year. Regarding the progress of the electric interconnection line between Egypt and Europe, Berger said that the interconnection project was granted the status of a “project of common interest” last October. The Ambassador highlighted the current joint presidency of Egypt and the European Union of the Global Counter-Terrorism Forum (2023-2025). Berger pointed out that the EU has announced cooperation with Egypt in the fields of defense and security, such as the Counter-Terrorism Forum, which Egypt took over from Morocco this year.
