According to reports from the Financial Times, the European Union (EU) is actively pursuing an agreement with Egypt concerning migration restrictions and financial assistance in the context of the escalating Israeli-Palestinian conflict.
During a summit held on October 21st in Cairo, EU representatives, including Vice President of the European Commission Margrethe Vestager, discussed a potential agreement with Egypt aimed at curbing the flow of migrants from the Middle East to Europe. Under the terms of this agreement, the EU would provide Egypt with the necessary funds to combat unemployment, thereby improving the country’s economic situation and potentially reducing the migration of individuals from the Middle East to European nations.
One official, who spoke to the newspaper, explained the essence of the agreement: “The core of this agreement is to achieve stability in the country. Egypt is doing well in terms of migration, but it faces economic challenges, and this is about financial support.”
As sources have indicated, the migration agreement between the EU and Tunisia, signed in July of this year, could serve as a template for agreements with Egypt. This is because such agreements are not solely focused on migration control but also entail economic support.
However, specific details of the agreements, including the extent and channels of EU financing, have not yet been announced.
European Union has faced significant challenges related to irregular migration, as a substantial number of refugees and migrants from the Middle East and North Africa have sought refuge or improved economic prospects within its borders. This influx of people has presented a multifaceted challenge, impacting political discourse, social cohesion, and economic stability across EU member states. Consequently, the EU has been actively engaging with countries both in the Middle East and Africa to negotiate agreements that not only manage migration flows but also provide financial assistance and support for economic development in these regions, aiming to address the root causes of migration and create a more comprehensive approach to this complex issue.