Egypt's Irrigation and Water Resources Minister Hossam El-Moghazy said the first day of tripartite talks with Ethiopia and Sudan regarding the former's Grand Renaissance Dam was pleasing.

El-Moghazy told reporters Monday night that the first day of the fourth round of negotiations included two six-hour meetings wherein delegations debated issues of contention in an effort to reach a resolution that pleased all parties.

A statement about the results of the current round will be issued at its conclusion on Tuesday, El-Moghazy said, according to Egypt's state news agency MENA.

El-Moghazy assured Egypt's "willingness to assist its brothers in Ethiopia in their development efforts" through establishing economic projects and managing water resources in a fair and balanced approach that would safeguard everyone's interest and keep all out of harm's way, MENA reported.

Egyptian minister El-Moghazi arrived in Sudan on Sunday, along with his Ethiopian counterpart Tegnoto, for the tripartite talks.

El-Moghazi has previously said that Egypt has a new "vision" regarding the Ethiopian Grand Renaissance Dam.

The project has been a source of concern for the Egyptian government since May 2013, when images of the dam's construction stirred public anxiety about the possible effect on Egypt's potable water supply.

Ethiopia maintains that Egypt's water share will not be negatively affected by the successful completion of the project, set to be Africa's largest hydroelectric dam.

The tripartite talks were initially planned to take place in Cairo but were later moved to Khartoum.