US economy slows to 1.6% in Q1 of '24 – BEA    EMX appoints Al-Jarawi as deputy chairman    Mexico's inflation exceeds expectations in 1st half of April    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    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.



Red Sea Council to maintain security, wealth of member countries: expert
Egypt, Saudi Arabia, and other Arab and African countries signed charter for establishing Red Sea Council
Sarah El Sheikh Published in Daily News Egypt on 07 - 01 - 2020

The Red Sea Council grouping Arab and African countries overlooking the sea is important to protect wealth and security of this area, said the political expert Abdel Moneem Al-Saeed.
A founding charter of the Council of Arab and African States Bordering the Red Sea and the Gulf of Aden was signed during a ministerial meeting in Riyadh.
On Sunday, Egypt's Foreign Minister Sameh Shoukry and his Arab and African counterparts of Saudi Arabia, Jordan, Djibouti, Sudan, Somalia, and Yemen signed the charter of the council.
The entity should act as a mechanism to safeguard the countries' interests and enable them to collectively face challenges in their shared waterways.
Saeed, director of the Regional Centre for Strategic Studies, suggested that idea came to bond states on the sea together, to help them to moderate sharing of wealth, be able to confront terrorism movement in Africa, such as the Islamic State militant group in Somalia, and help them monitor Gas and oil movement.
The expert said that idea is similar to the establishment of East Mediterranean Gas Forum, which would not have been established without Egypt signing demarcation of the border with Cyprus, explaining that also the Red Sea Council would not have been signed except after agreement was signed between Saudi Arabia and Egypt in 2016.
He also suggested that establishment of the Red Sea Council had a relation with presence of Turkish military base and would be Arab response to what some regional countries interfere in other affairs of neighbouring countries.
Previously, King Salman of Saudi Arabia suggested creating an entity bringing together the countries bordering the Red Sea and the Gulf of Aden.
Moreover, Shoukry met with Saudi counterpart Prince Faisal Bin Farhan Al Saud on the sidelines of the ministerial meeting.
The Egyptian and Saudi ministers discussed cooperation between the two countries, as well as the rapid developments in the region, including Libya.
The ministerial meeting of the African and Arab States bordering the Red Sea and the Gulf of Aden is being held today to tackle political, economic, and security issues. They also discussed ways of confronting foreign interference in the strategic waterway.

Clic here to read the story from its source.