In a press conference in Cairo, Egypt, earlier today, the EU High Representative Kaja Kallas announced that the EU will be issuing up to €5 billion in loans to Egypt for economic and development and the green transition. In the press conference, the EU High Representative also said that the EU is exploring ways to increase funding for the Palestinian Authority including in the funding and provisions for the training and recruitment of police officers by the Palestinian Authority.
The EU is the largest donor in Gaza and has committed up to €1.6 in grants for 2025 – 2027 via the PEGASE initative and other programmes. Vice-Commissioner Kallas said that Hamas was preventing progress in the peace transition in Gaza and that Israel was blocking NGOs from operating in Gaza. She added that NGOs in Gaza are essential for the delivery and distribution humanitarian aid. Hamas is refusing to disarm as part of the peace deal.
Discussions with Egyptian Minister Badr Abdelatty also revolved around maritime security and Yemen. The EU High Representative said that Egypt is a vital partner for cooperation on regional security and also added that the EU and Egypt will holds talks on March on further cooperation in the defence sector.
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