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Showing posts with label Abd El-Fattah El-Sisi. Show all posts
Showing posts with label Abd El-Fattah El-Sisi. Show all posts

Wednesday, March 25, 2015

Egyptian president Sisi to address Ethiopian parliament Wednesday

President Abdel-Fattah El-Sisi held a press conference Tuesday with Ethiopian PM Hailemariam Desalegn

Sisi and Desalegn

Snapshot from Egypt's state TV of Egyptian President Abd El-Fattah El-Sisi and Ethiopian PM Hailemariam Desalegn during a press conference in Addis Ababa on 24 March 2015.

Egypt's President Abdel-Fattah El-Sisi will address the Ethiopian parliament on Wednesday as the two countries continue to talk over the latter's giant Nile dam project.

El-Sisi said at a press conference with Ethiopian PM Hailemariam Desalegn on Tuesday that bi-lateral talks "strengthen confidence" between the two states.

He said that the Declaration of Principles, signed by Egypt, Sudan and Ethiopia on Monday, was a "positive step," adding that he hopes for subsequent steps to mark a "starting point for a better future."

Desalegn said that El-Sisi's visit asserts the "deep relationship" between the two countries. He added that the latest developments come to the benefit of both states, saying they have reached a level of "confidence and understanding" that will last for a long time.

El-Sisi also said he carries a message of "love and peace" from Egyptians to the Ethiopian people.

El-Sisi and Desalegn said they also discussed "cooperation efforts" to confront "terrorism" regionally.      

Egypt, Ethiopia and Sudan signed a declaration of principles on Monday, in a critical step towards resolving a four-year dispute over Nile water sharing arrangements among Basin countries.

El-Sisi said the principles agreed upon, including understandings on the dam's storage capacity and the technique of filling its main reservoir, would safeguard the interests of all three countries.

For several years, Egypt has raised fears that Ethiopia's under-construction $4.2 billion Grand Renaissance Dam would negatively affect its Nile water share.  

The Ethiopian 6,000 megawatt dam, set to be Africa's largest, is expected to be fully completed by 2017. Ethiopia has finished constructing at least 40 percent of the dam.

Monday, December 22, 2014

El-#Sisi arrives in #China for investment talks

The Egyptian president is expected to sign a number of agreements with Chinese firms



Egypt's President Abdel Fattah al-Sisi receives flowers from a young Chinese girl on arrival at Beijing airport, China, December 22, 2014

Egypt's President Abdel-Fattah El-Sisi arrived in China on Sunday for his first visit to the world's second-largest economy, where he is hoping to sign investment deals

He is expected to meet Chinese President Xi Jinping in Beijing, along with other officials, and sign 25 agreements, mainly in energy and transport.

Among the projects El-Sisi is expected to address is the high-speed train to connect Alexandria, on Egypt's northern coast, to Aswan, near Sudan in the south. He shall sign an agreement on it with the Egyptian-Chinese Business Council. He is also discussing an electric railway network project.

He is also holding meetings, a presidential statement said, with the Chinese private sector – the first with representatives of top 20 economic groups and the second with 100 companies. In addition, he will sit with 25 tourism companies and also with university heads.

China is Egypt's second largest international trade partner, presidential spokesman Alaa Youssef said on Sunday, with a trade volume of $10.3 billion in 2013.

El-Sisi had said previously that Egypt lacks sufficient investment to renovate its rundown infrastructure and develop its vital services.