(Ha'aretz) Zvi Bar'el - The decision to send Egyptian Foreign Minister Sameh Shoukry to Jerusalem shows a new level of ties closer to political normalization. Egypt has concerns that require it to go public with Israel. The first part of the Grand Ethiopian Renaissance Dam, which Ethiopia is building on the Nile, is expected to be completed next year, and Egypt says it will reduce Egypt's water supply and lower its electricity output by 25-40%. Egypt believes, quite rightly, that Israel has leverage in Ethiopia, and can persuade Ethiopia to coordinate water-sharing with Cairo so Egypt's economy doesn't suffer. Cairo is also very interested in the renewed ties between Turkey and Israel, which lets Turkey be a major supplier of consumer goods and construction materials to Gaza. Turkey's entrance puts Egypt in an uncomfortable position in which it, with Israel, continues to impose a formal closure on Gaza while Turkey becomes an ally of Hamas. The widening of the Israeli-Egyptian map of political interests, with an economic bonus in the background in the realm of natural gas, is a key development.
2016-07-11 00:00:00Full ArticleBACK Visit the Daily Alert Archive