Egypt's stocks mixed on Tuesday as main gauge EGX 30 falls 0.63%    IMF upgrades Egypt's real GDP growth 2022 forecasts to 5.6%    Al Khair River starts trading on Egypt's stock exchange today    Egypt works on charting cooperation strategies with international institutions for 5 years: Al-Mashat    Maha karara joins AAIB as Head of Corporate Communications, Sustainability    Over 2.4 million newborns examined for hearing impairment: Health Ministry    Netflix releases trailer of Arab adaption of 'Perfect Strangers' film    Balqees to headline concert celebrating launch of streaming giant LIVENow in MENA    Sawsan Badr to be honoured at Aswan Women Film Festival    Al-Sisi follows up on 'Great Transfiguration Project' in St. Catherine    Cairo, London stress need to strengthen cooperation to face climate change    Foreigners account for 22.6% of Egypt's T-bills issuances in 1H 2021: CBE    MP Abdel Hady Al-Qasby calls government to facilitate and support NGOs    Egypt's ambassador to Italy passes away    Egypt confirms readiness to help African countries face terrorism and extremism    An estimated 235 million people needed humanitarian assistance and protection in 2021, an increase of 40% compared to 2020: IOM Egypt    Egypt, DRC discuss water cooperation during WYF    Egypt, DR Congo discuss boosting bilateral cooperation during WYF    Cameroonian police probe assault on three Algerian journalists covering AFCON    Pharaohs start AFCON 2021 campaign with fierce clash against Nigeria    Foreign Ministry opens capacity building course for French-speaking African diplomats    BRICS development bank admits Egypt as new member    Nermien Ismail Schools opens a new campus in O'West    Netherlands Embassy, E7kky Magazine celebrate success of 21 Egyptian women    Women make up 45% of Egyptian Atomic Energy Authority staff    Yas Island hosts travel partners at Formula 1 Etihad Airways Abu Dhabi Grand Prix 2021    Olaf Scholz becomes Germany's new leader, ending Merkel 16-year historic era    Egypt's trade with Nile basin countries climbs 26% y-o-y in 9 months    The unvaccinated prohibited from entry to Egypt state institutions starting December 1    Egypt's iron and steel exports jump 197% in 8 months    Ethiopia halts work at its embassy in Egypt for 'economic reasons'    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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    Brazil calls up 8 EPL players for World Cup qualifying    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    Sisi calls on House, Senate to commence second legislative sessions on 3, 5 October    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    Qa'a play showing at Lycee El Horreya Theatre, Alexandria is a must go    On International Museum Day, Egypt opens two new museums at Cairo Airport    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    







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



Egypt to continue GERD negotiation aiming to protect interests of all sides: Al-Sisi
The three sides are set to continue talks in Addis Ababa on 9-10 January, ahead of two decisive meetings in Washington
Published in Daily News Egypt on 30 - 12 - 2019

Egypt's President Abdel Fattah Al-Sisi discussed the developments of the Grand Ethiopian Renaissance Dam (GERD) during a meeting on Saturday with senior government officials with the aim of reaching an agreement that takes into account all the sides' interests and water rights.
Al-Sisi confirmed that Egypt is adhering to reaching an agreement that takes into account all concerns related to its water interests and rights in the Nile River, especially those related to filling and operating the dam, at the same time achieving the interests of other sides, Sudan and Ethiopia.
Last week, the Egyptian government denied the news reported by some media outlets that Cairo had withdrawn its timeline proposal for filling the GERD's reservoir.
This came a few days after the irrigation ministers of the three countries met in Khartoum to resume negotiations on the GERD. This meeting was the third of four meetings to discuss the GERD which were agreed upon during a mediation meeting in Washington, on 6 November.
Egypt has been demanding an annual flow of 40 billion cubic metres of water from the Blue Nile during the filling of the dam's reservoir.
Egypt and Ethiopia failed to reach an agreement so far on the volume of water to be released during drought times because Egypt needs 40bn cubic metres of Nile water to reach its territory, while Ethiopia proposed to release up to 35bn cubic metres.
The three sides are set to continue talks in Addis Ababa on 9-10 January, ahead of two decisive meetings in the same week in Washington, DC.
The foreign ministers of Egypt, Ethiopia, and Sudan are converging on 13 January to discuss the dispute in a second follow-up after the 9 December meeting.
This year has seen dramatic changes for the path of the dam's negotiations.
In the beginning of 2019, Ethiopia has made pledges to not harm the water interests of Egypt amid verbal assurances by Ethiopian officials without their taking any action on the ground. Ethiopian Prime Minister Abiy Ahmed said in October that his country is ready to mobilise millions if a war is a necessity.
The timeframe for filling and operating the dam is one of the main obstacles in the negotiations. The three countries have tabled different proposals on the duration of filling the GERD's reservoir. Egypt's proposal calls for a relatively extended filling period.
Cairo fears that the construction of GERD will lead to a decline in the flow of water in the Blue Nile, which Egypt depends on for obtaining 90 percent of its water.
GERD which is set to be Africa's largest hydro-electric dam, has already tensioned relations between Egypt, and Ethiopia. Ethiopia is constructing the dam the Blue Nile in the Benishangul-Gumuz region some 40 km from the Sudanese-Ethiopian border.
The dam measures 1.8 km long and 145 metres high, and is scheduled for completion by the end of 2020 and full operations by 2022.
The project started in 2011 with a cost was estimated at $4bn and it was expected to provide electricity for Ethiopia's population of more than 100 million.


Clic here to read the story from its source.