Egypt’s president signs strategic maritime deal with Greece
CAIRO (AP) - Egypt's president on Saturday ratified a maritime transport agreement that defines the Mediterranean border with Greece and defines an exclusive economic zone for oil and gas drilling rights, the state news agency reported, angering Turkey.
The bilateral agreement is widely seen as a reaction to a rival agreement between Turkey and the Tripoli-based Libyan government that exacerbated tensions in the eastern Mediterranean and Turkey's controversial seawater oil and gas exploration.
The MENA news agency announced that the contract signed by President Abdel-Fattah el-Sissi was published in the Official Journal on Saturday.
It was ratified over two months after the Egyptian and Greek foreign ministers signed the agreement in Cairo.
The agreement between Egypt and Greece "provides for a partial delimitation of the maritime borders between the two countries and that the remaining delimitation would be achieved through consultations".
The speaker of the Egyptian parliament, Ali Abdel-Al, described the agreement with Greece as "very important" in August.
The maritime transport agreement between Ankara and Tripoli was dismissed by the governments of Egypt, Cyprus and Greece as a violation of their economic rights in the gas-rich Mediterranean.
Turkish President Recep Tayyip Erdogan described the agreement between Egypt and Greece as "worthless" and promised to maintain his controversial pact with the government of Tripoli.
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