Egypt, EU to sign MoU for strategic cooperation in energy

2018-04-23 02:15:46

(MENAFN) Egypt and the EU were confirmed to be signing a memorandum of understanding for strategic energy partnership.

State news agency Wam reported key talks to be taking place in Egypt with Climate Action and Energy Commissioner Miguel Arias Canete, besides government officials and energy stakeholders.

Before making his way to Egypt, Canete said ''the visit is a key element of the external dimension of the Energy Union, a political priority of the Juncker Commission."

He then added "the EU and Egypt are strategic partners on energy. The potential for an even closer energy cooperation between the EU and Egypt is enormous, and I hope this visit will herald a new phase of closer and more intense relations amongst us."

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