Back to the complete issue
Monday, 15 June 2020

Ethiopia calls Irrigation Ministry comments “regrettable,” reaffirming committing to “good faith” discussions

Ethiopia calls Egypt’s comments on GERD talks “regrettable,” reaffirms committing to “good faith” discussions: The Ethiopian Foreign Ministry said yesterday it remains committed to engaging in “good faith” negotiations on the Grand Ethiopian Renaissance Dam (GERD), and denounced Egypt’s accusations earlier this week that Addis Ababa showed a “lack in political will to reach a fair agreement.” Ethiopia denied it is seeking sole discretion in Nile water allocation and said it will continue to abide by the Declaration of Principles signed by all three parties in March 2015 to guide continued talks. The statement blames tensions in the talks on “Egypt’s obstinacy to maintain a colonial based water allocation agreement.”

Talks are expected to continue trudging along today, despite the rising tensions (and threats of war): Egypt, Ethiopia and Sudan have all confirmed that Grand Ethipian Renaissance Dam (GERD) negotiations will proceed as scheduled with the next meeting slated for today, according to an Irrigation Ministry spokesperson statement. Ethiopia’s deputy army chief raised the spectre of war on Saturday, saying “Egyptians know too well how we conduct war whenever it comes.” Prime Minister Abiy Ahmed said last October that his country could “mobilize mns” to fight if Egypt took military action against the dam.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.