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Egypt is focusing on enhancing political and economic ties with the European Union. To further its bid, Egypt has signed a $4.6 billion agreement with the European bloc for financial support. The pact was signed during the inaugural Egypt-EU Summit in Brussels. The meeting, attended by Egyptian President Abdel Fattah al-Sisi, European Commission President Ursula von der Leyen and European Council President Antonio Costa, focused on bilateral relations, trade and migration. Addressing the summit, Sisi called for a mutually beneficial investment partnership and hailed the EU as the country's top trading and investment partner in 2024. The two sides also discussed maritime security and the wars in Ukraine and Gaza. The meeting in Brussels followed the announcement of a strategic partnership between Egypt and the EU in March 2024.  


Egypt & EU Sign $4.6 Bn Agreement in Brussels Summit to Boost Trade Ties | Firstpost Africa

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Egypt & EU Sign $4.6 Bn Agreement in Brussels Summit to Boost Trade Ti...