That Cyprus-Egypt relations are at their highest level is an evaluation that represents an indisputable reality, according to Financial Mirror website.

The two countries have developed a network of cooperation within this framework in various fields.

Primarily comes the field of energy which has functioned as a catalyst of this cooperation.

The newly discovered gas fields in the Cypriot EEZ have recently acquired major importance, given the consequences of the war in Ukraine, which Europe had to face.

Therefore, Cypriot energy potential must be linked to that of Egypt before being re-exported to Europe.

In this respect, it augers well that an agreement has been signed between Cyprus and Egypt to connect Aphrodite, the biggest Cyprus gas field, with Egyptian liquefaction plants.

Moreover, the signing of the Memorandum between Cyprus, Egypt, and Greece for an electricity connection project, holds the enormous potential of connecting the electricity grids not only of the three signatories but also of both continents together, thus diversifying their energy mix and enhancing Europe’s energy independence.

Extremely useful is also the fact that in 2019 Egypt partnered with regional countries (Cyprus, France, Greece, Italy, Jordan, and Palestine) the Eastern Mediterranean Gas Forum (EMGF), with headquarters in Cairo.

Urgent problems caused by climate change and the need to take measures to confront them gave another opportunity for cooperation between Cyprus and Egypt to elevate their national priorities to the regional and international level.

During COP27, the Presidents of Cyprus and Egypt co-chaired the summit to present the Nicosia-led Eastern Mediterranean and Middle East climate change initiative.

Only through cooperation can the implementation of the recommendations of this Initiative Regional Action Plan be realised.

There is a high potential for economic cooperation based on a wide range of possibilities in commerce and investment.

In general, within the wider framework of the Eastern Mediterranean, the role of Egypt is of paramount importance because of the recent challenges and developments in the region, it said.

Source: State Information Service Egypt