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The agreement marks an "historic milestone", said Commission president Ursula von der Leyen, at a press conference on Sunday

Von der Leyen agrees €7.4bn aid programme for Egypt

The EU finalised an economic investment and migration pact with Egypt on Sunday (17 March) that will be worth €7.4bn to Cairo over the coming four years.

The agreement, described by officials as a "comprehensive and strategic partnership," is the latest and arguably most ambitious in a series of deals the EU commission has brokered with North African states over the past year. The EU executive has signed similar agreements with Tunisia and Mauritania.

The agreement marks a "hist...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

The agreement marks an "historic milestone", said Commission president Ursula von der Leyen, at a press conference on Sunday

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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