Egypt’s President Abdel Fattah El Sisi warned on Tuesday that any attempts to “take a single drop of Egypt’s water” would lead to instability in the region and that the aftermath of said instability would extend “for generations,” local media reports. During a press conference, Sisi noted that Egypt is battling to reach a solution through negotiations, and that the following days will witness more attempts to push negotiations forward and reach a legally binding agreement regarding the Grand Ethiopian Renaissance Dam (GERD). The president also expressed appreciation for the Egyptian Suez Canal Authority for its role in solving the Ever Given ship crisis and managing the floatation process with great efficiency. The blocking of the Suez Canal had caused more than 300 ships to be stranded on both sides of the Suez Canal, resulting in global economic losses. According to the Suez Canal Authority, more than USD 9 billion worth of goods a day were being blocked from moving through the waterway, with Egypt losing at least USD 14 million in revenues a day. A few weeks ago, Egypt’s Prime Minister Mostafa Madbouly underscored the criticality of the decade-long…
Egypt’s Sisi Warns Ethiopia Dam Could Lead to ‘Instability in Region’
March 30, 2021
