Ramsco's Women Empowerment Initiative Recognized Among Top BRICS Businesswomen Practices for 2025    Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    Gold prices end July with modest gains    Pakistan says successfully concluded 'landmark trade deal' with US    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Rafah Crossing 'never been closed for one day' from Egypt: PM    I won't trade my identity to please market: Douzi    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt's EHA, Huawei discuss enhanced digital health    Egypt, Oman discuss environmental cooperation    Egypt's EDA explores pharma cooperation with Belarus    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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.



Sudan and Egypt to create joint investment area in Halaib Triangle
Published in Almasry Alyoum on 19 - 05 - 2011

The disputed Halaib area between Cairo and Khartoum "will become an area for joint investments between the two countries," said Egyptian Foreign Minister Nabil al-Araby on Thursday, after a meeting with his Sudanese counterpart Ali Karti in Cairo.
The two ministers discussed cooperation at the political and economic levels between the Egypt and Sudan, as well as coordination regarding the Nile Basin water issue.
Karti said that a Sudanese economic committee, accompanied by a group of Sudanese businessmen, will visit Egypt next week for further exchanges in the areas of agriculture, and trade.
Karti went on to say that the two ministers discussed the Halaib issue “purely from within a perspective of cooperation.” Karti also said his Egyptian counterpart will be visiting Khartoum in mid-June to continue discussions on common issues and to make sure "the Egyptian-Sudanese roadmap is going as planned."
The Halaib Triangle border area has been an issue of contention since the late 19th century.
In 1899, when Britain occupied Egypt and Sudan, the Anglo-Egyptian Condominium Agreement for Sudan set the political boundary between the territories at the 22nd parallel, placing the Halaib Triangle inside Egyptian borders.
In 1902, the British drew a separate "administrative boundary" that placed the Halaib Triangle under Sudanese administration because its inhabitants were closer to Khartoum than Cairo.
The Halaib Triangle, which includes the three main towns of Halayeb, Abu Ramad and Shalatin, stretches over 21,000 square kilometers.
The area remained under Egyptian-Sudanese joint control until the dispute resurfaced in 1992, when Sudan allowed a Canadian oil company to search for petrol in the waters off Halaib. Negotiations began, but the company pulled out of the deal until sovereignty was settled.
In 2004, Sudanese President Omar al-Bashir claimed that despite his nation's withdrawal in 2000, the area still rightfully belonged to Sudan and the country submitted a memorandum in this regard to the UN.
Translated from the Arabic Edition


Clic here to read the story from its source.