Foreign Ministers Of Ethopia, Egypt Discuss Dam Project, Trade And Investment

28 Dec 2017

Ethiopian Foreign Minister Dr. Workneh Gebeyehu has held discussions here with his Egyptian counterpart, Sameh Shoukry, on bilateral issues, including the Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydro-electric power project which Cairo fears may the flow of Nile River water downstream.

Following their talks here Tuesday, Dr. Workneh assured that the dam would not harm any country. 'This dam has no single harm on Egyptians,' he reiterated, stressing that Ethiopia had been working in the spirit of accountability and transparency with the regard to the project from the very beginning.

Shoukry said they had had lots of meetings to make the technical national committee fully implement the Declaration of Principles on the GERD project for the benefits of the peoples of the three countries -- Egypt, Ethiopia and Sudan.

He stressed that Egypt was committed to working with Ethiopia on the project, and Egypt had accepted the continuation of the negotiations.

From Egypt's perspective, the relationship with Ethiopia is important, the minister said, adding:'We need to move in all sectors whether on the issue of GERD, economic development, direct investment, or establishment of industrial parks to attract further investment and capacity-building co-operation.

'We hope to continue the ratification of the trade agreement between the two countries. We hope that we can implement it as soon as possible and believe to have very deep and practical relations on development objectives of both countries.' The two minister also discussed trade, investment, capacity-building co-operation, establishment of industrial parks and terrorism.

The Egyptian Foreign Minister also said that Cairo was very much looking forward to the visit of Ethiopian Prime Minister Hailemariam Dessalegn as it would be an important visit which Egypt attached to the bilateral relationship.

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