The Arab Republic of Egypt and the European Union have mutually agreed to elevate their relationship to the level of a strategic and comprehensive partnership, based on the values of equity and on mutual respect and trust. The two parties, cognizant of the historical relationship that has bound them for millennia, have reiterated their commitments to build on their long-standing relationship that was forged by close geographic, cultural, political, economic and people to people ties, with the aim of deepening their shared stability, peace and prosperity.
The European Union acknowledges Egypt as a reliable partner, as well as Egypt's unique and vital geo-strategic role as a pillar of security, moderation, and peace in the region of the Mediterranean, the Near East and Africa.
Both parties recall their commitment to the principles enshrined in the United Nations Charter, and other relevant multilateral agreements as well as to the Association Agreement and the Egypt-EU partnership priorities 2021-2027 that binds them.
Accordingly, Egypt and the EU decided to formulate and sign an inclusive Document on the comprehensive and strategic Partnership, during the first quarter of 2024. The Strategic Partnership Document will clearly identify specific areas of cooperation, namely: political relations, macroeconomic stability, sustainable investment and trade, including energy, water, food security and climate change, migration, security and human capital development.
On political relations
Egypt and the EU will continue to work on building and implementing a positive agenda for shared prosperity and stability. Egypt and the EU will continue to work on their commitments to further promote democracy, fundamental freedoms, and human rights, gender equality and equal opportunities, as agreed in the Partnership Priorities. The EU stands ready to assist Egypt in the implementation of its National Strategy for Human Rights in alignment with the provisions of the Association Agreement and the Partnership Priorities 2021-2027.
Regional and international challenges highlight the significance of enhancing the political dialogue between the two sides by holding a summit, once every two years, gathering the Presidents of the Arab Republic of Egypt, the European Commission, the European Council, alternately between Cairo and Brussels, in addition to the annual Association Council, which constitutes the cornerstone of our bilateral engagement in the framework of the Association Agreement and the existing activities of cooperation schemes involving Egypt and EU Member States.
On economic stability
The European Union stands ready to support Egypt's 2030 development Agenda to secure long-term macro-economic stability and sustainable economic growth, based on jointly defined priorities and reform objectives along the Egyptian development agenda. Financing will support and accompany progress along these jointly defined priorities and objectives and will unlock the full potential of private sector investment. This will help to mitigate the impact of the current international and regional crises in favor of a shared stability and security for both sides.
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For more information: ec.europa.eu