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Egyptian Foreign Minister Sameh Shoukry stressed that the region facing Egypt is plagued by crises. He pointed out the ongoing stagnation of peace efforts in Gaza amidst various challenges, including the closure of the Strait of Hormuz and attacks by the Houthis, which have cost Egypt around $11 billion. He indicated that negotiations with Iran have moved out of the hands of diplomats and are now being managed by the Iranian Revolutionary Guards. Egypt is striving to promote peaceful solutions and transform the framework agreement into a definitive peace deal that encompasses Iran’s nuclear program, sanctions, and the blockade of the Strait of Hormuz. Additionally, he warned that Egypt faces a existential threat from water issues, as the country receives 55.5 billion cubic meters of water from the Nile River out of a total of 1.6 trillion cubic meters in the region. Meanwhile, Egypt’s annual water demand reaches 94 billion cubic meters, increasing pressure amid population growth and its declining share due to disputes over water rights.
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