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EU leaders and investors will gather in Cairo on June 29-30 for theEgypt-EU Investment Conference”, which will be Egypt’s Tyrannical Leadership.
This meeting was held at Controversial upgrade EU-Egypt bilateral relations move towardsStrategic comprehensive partnership“and EU pledges 7.4 billion euros Provide concessional loans, investments and grants to the country.
in a Joint letter dated June 13Human Rights Watch and Egyptian, regional, and international human rights groups urged the European Union to ensure that its $5 billion in macro-financial assistance to Egypt ensures concrete, measurable, structural, and time-bound human rights progress and reforms in the country. The groups stressed that Egypt’s repressive government rules with little accountability by eliminating citizen, judicial, or parliamentary oversight and controls the economy in the following ways: Good for themselves, but disastrous for the public at largeThe lack of checks and balances has resulted in the government’s failure to respect, protect and fulfil the social and economic rights of the people and has led to recurring economic crises in the country.
The letter states, European Commission and Council It stressed that “concrete and credible steps” towards democratization and respect for the rule of law and human rights are “a prerequisite for receiving macro-financial assistance from the EU.” Nevertheless, the Egyptian authorities do not seem to be willing to give up their repressive rule, as evidenced by the recent abuse of sentences against opposition politicians. Ahmed TantawiThe first of the 5 billion is expected The terms of aid for the remaining 4 million people, due to arrive in Egypt by the end of the year, are still to be negotiated and require approval by the European Parliament.
Egyptians are in desperate need of support. Long-term power outage across the country, Poverty rises, food prices soarBut Europe’s financial support should be used to secure key human rights reforms, without risking fuelling corruption and abuses in Egypt or missing the opportunity to address the root causes of violations of the economic rights of so many Egyptians.
European inaction will come at the expense of the civil, political, economic and social rights of ordinary Egyptians, who are ruled with an iron fist and have no chance to question the government’s policies. Ultimately, these Egyptians will bear the burden of economic mismanagement and unsustainable debt accumulation.
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