Egypt not in denial: concerned by Ethiopia's resistance to peaceful resolution over Nile dam row
Egypt said on Saturday it was very concerned that the Ethiopian government had not responded to an Egyptian invitation to discuss a dispute over a giant dam that Ethiopia plans to build on the Nile.
"Egypt is deeply worried that Ethiopia has not yet reacted to the invitation Egypt's minister of water and irrigation made to conduct a meeting in Cairo on the consequences of the dam," a statement issued by the foreign ministry said. Egypt fears the dam will reduce water flows vital for its 84 million people.
Egypt's recently ousted President Mohammad Mursi said last month that "all options" were open in dealing with Ethiopia over the project, prompting Ethiopia to say it was ready to defend its $4.7 billion dam, which lies near its border with Sudan.
- Saudi SMEs v overseas enterprises. Who is the winner?
- Why does inflation continue to rise in the UAE?
- With Sisi likely to take over, how will Egypt's 'military economy' look like?
- Will future talks between the IMF and Egypt help the country's economy?
- Is Iran's economy already thriving amidst limited sanctions relief? Apparently so!