Back to the complete issue
Sunday, 25 October 2020

Diplo + Foreign Trade on 25 October 2020

Topping diplomatic coverage this morning: US President Donald Trump’s suggestion that Egypt may resort to “blowing up” the Grand Ethiopian Renaissance Dam. We have more in this morning’s Speed Round, above.

Ceasefire in Libya: Libya’s rival governments signed a “historic” formal ceasefire agreement during UN-led talks in Geneva on Friday. The Turkey-backed government in Tripoli and Egypt-supported Libyan National Army in the country’s east both agreed to halt fighting, raising hopes that the conflict, which earlier this year threatened to escalate into a wider regional conflagration, may be drawing to a close. Egypt’s Foreign Ministry welcomed the truce in a statement, saying it was the fruit of the Egypt-sponsored talks held in Hurghada in September.

On the trade front: The Trade Ministry discussed the Russian Industrial Zone with representatives from the Russian Trade Ministry and a delegation of Russian companies ahead of a meeting of the Egyptian-Russian trade committee in Moscow in November, the cabinet said in a statement. The discussions also addressed ongoing trade negotiations between Egypt and the Eurasian Customs Union.

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. © 2021 Enterprise Ventures LLC.