South Africa keeps rates unchanged after unpredictable vote    Israel's c.bank chief: IDF shouldn't get 'blank check'    Egypt's gold prices fall on May 30th    KOTRA organises Egypt-Korea cooperation seminar on electronics industry    MSMEDA encourages enterprise owners to shift to formal sector: Rahmi    Ancient Egyptians may have attempted early cancer treatment surgery    Indian rupee to slip on rising US yields, dollar    Egypt, China strengthen ties on 10th anniversary of strategic partnership    Israel takes control of Philadelphia Corridor along Gaza-Egypt border    Egypt reaffirms commitment to African cooperation at AfDB Meetings    Germany approves carbon transport, storage proposals    Thailand seeks entry into BRICS    Abdel Ghaffar discuss cooperation in health sector with General Electric Company    Grand Egyptian Museum opening: Madbouly reviews final preparations    Valu Partners with Magdi Yacoub Heart Foundation to streamline donations for New Cairo centre    Kremlin accuses NATO of direct involvement in Ukraine conflict as fighting intensifies    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    US Embassy in Cairo brings world-famous Harlem Globetrotters to Egypt    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    US Biogen agrees to acquire HI-Bio for $1.8b    Egypt to build 58 hospitals by '25    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    World Bank assesses Cairo's major waste management project    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Renaissance dam right on track: Ethiopia irrigation minister
Contradicting earlier statements by Egypt Irrigation Ministry official, Ethiopian minister says on Monday Grand Renaissance Dam faces neither financial nor technical problems
Published in Ahram Online on 13 - 01 - 2014

Ethiopian Minister of Irrigation and Energy Alemayehu Tegunu said on Monday the process of building the Ethiopian Grand Renaissance Dam was on track without difficulties, adding that the project will be completed on schedule.
The Ethiopian minister's words contrast with statements made by the Egyptian Irrigation Ministry Spokesman Khaled Waseef who, on 8 January, said in a press statement the Ethiopian Grand Renaissance Dam faces financial as well as technical problems, as reported by MENA.
The Ethiopian media reiterated the minister's assurances there were neither financial nor technical problems affecting the project.
Tegunu added that Ethiopia does not accept Egypt's proposal which calls for the formation of a parallel team of international experts alongside the existing one for additional negotiations over the project.
The planned Grand Renaissance Dam is a $4.2 billion hydroelectric dam on the Blue Nile, one of the main tributaries of the Nile. The project has been a source of concern for the Egyptian government since May last year, when images of the dam's construction stirred public anxiety about possible effects on Egypt's share of the Nile water, the country's main source of potable water.
Egypt, Ethiopia and Sudan formed a tripartite technical committee to study the possible effects of the dam and try to generate consensus. Ethiopia maintains that Egypt's water share will not be negatively affected by the successful completion of the project.
In recent meetings in Khartoum, the tripartite committee was scheduled to formulate a document that entails "confidence building measures" between the countries, and also to form a special international conflict-resolution committee. Both plans failed as Egypt and Ethiopia refused to see eye-to-eye.
In June, Ethiopia's parliament ratified an international treaty, which Egypt opposes, allowing upstream countries to implement irrigation and hydropower projects without first seeking Egypt's approval.
The deal replaces colonial-era agreements that grant Egypt and Sudan the majority of Nile River water rights.
http://english.ahram.org.eg/News/91466.aspx


Clic here to read the story from its source.