Egypt, EU ink 40-million-dollar grant deal to boost food security

  • Date: 30-Mar-2023
  • Source: Egypt Independent
  • Sector:Agriculture
  • Country:Egypt
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Egypt, EU ink 40-million-dollar grant deal to boost food security

Egypt and the European Union have signed a grant agreement of $40-million to support food security efforts in Egypt.

The signing ceremony was held on Thursday in the presence of International Cooperation Minister Rania Mashat, Supply Minister Ali Moselhi and Agriculture Minister Sayed el Quosair, president of the Foreign Ministry’s office of the Egyptian-European partnership Amr Abo Eish, the commissioner of the European Neighborhood and Enlargement Negotiations, Head of the European Union Delegation to Egypt, Ambassador Christian Berger, President of the Italian Agency for Development Cooperation (AICS) Martino Melli and a host of respective officials of bodies concerned.

Under the AICS-implemented deal, the AICS will cooperate with the Agriculture Ministry to support the production of wheat and grains with €25 million and complete the information control system of wheat in Egypt with €15 million.

The grant comes as part of the 100-million-dollar EU food security support program that was signed with Egypt last year.

Mashat said the deal comes as part of Egyptian State’s efforts in cooperation with bilateral and multilateral international partners to face food security challenges resulting from the ongoing Russian-Ukrainian conflict in cooperation with bilateral and multilateral international partners.

Talking about efforts taken by Egypt to face food security challenges, she said