Egyptian presidency approves US-Egypt agreements

Ahram Online , Monday 15 Dec 2014

Several cooperation agreements with the US including new aid being provided was approved by Egypt's presidency on Monday

 Alaa Yousef
Presidential spokesperson Alaa Yousef (Photo: Al-Ahram)
Egypt’s presidency approved cooperation agreements with the United States on Monday, presidential spokesperson Alaa Yousef said.
The agreements included an LE55 million aid agreement between Egypt, the US and the OPEC Fund for International Development (OFID) for Egypt to finance a power plant in the southern city of Assiut.
Yousef stated that other agreements approved include development cooperation in the fields of science and technology, higher education, agricultural development, trade and investment.
Egypt and the US say their relationship is solid despite souring after the ouster of Islamist president Mohamed Morsi in 2013.
Military aid held by the US pending democratic reform was released in June.
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