Egypt and the European Union continue to share strong bilateral energy relations as well as an understanding of the opportunities and challenges facing the region. Partnership in the energy sector comes on top of the areas of common interest between Egypt and the EU in view of its importance as a driver of economic growth and development for both parties.
In continuation of the fruitful partnership between Egypt and the EU, the Government of Egypt welcomes the high profile visit of H.E. Mr. Miguel Arias Cañete, EU Commissioner for Climate Action and Energy, to Egypt during the period from 22-24 April 2018.
The visit’s comprehensive agenda covers a number of key events, including the inauguration of first-ever Egypt – EU Sustainable Energy Business Forum & Exhibition, and a visit to the Zohr field onshore facilities. H.E Eng. Sherif Ismail witnessed today the signature of a Memorandum of Understanding (MoU) for strategic partnership on energy between Egypt and the EU. This MoU culminates extensive discussions held at ministerial levels, a number of high-level reciprocal visits, and a series of coordination meetings and comprehensive deliberations. The signing of the MoU represents a major milestone and a step change in the fruitful relationship between Egypt and the EU. It also reflects a common understanding of the importance of enhancing energy bilateral cooperation between Egypt and the EU, which will contribute to fulfilling the EU’s strategic objectives to enhance security of supply and diversification as well as furthering both parties’ sustainable development and accelerated transition to a low-carbon economy.