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Dr. Ali Al-Moselhi Updates on Sugar Crisis and Renaissance Dam Negotiations

Written by Hend Mukhtar – Photographed by Suleiman Al-Atefi Wednesday, December 20, 2023 01:14 PM

During the Cabinet meeting held today under the chairmanship of Dr. Mostafa Madbouly, Prime Minister, in the New Administrative Capital, Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, reviewed the procedures and movements taken by the Ministry and the relevant agencies during the recent period to deal with the sugar crisis, noting that The past few days have begun to witness the pumping of large quantities of sugar into the markets. So far, 245 thousand tons have been pumped into the markets, which contributed to the beginning of solving the problem, and in turn the markets will stabilize.

The minister said: We have a large reserve in the governorates currently, and we are continuing to pump large quantities, especially since the beginning of next January will begin the sugar cane season, and production will increase significantly, pointing out that the global price of sugar has also begun to decline, and this is a good indicator.

Dr. Ali Al-Moselhi confirmed that there is great cooperation from the relevant ministries to solve this problem, and added: There is a major breakthrough in the sugar problem, and we will continue to pump in large quantities.

In another context, Dr. Hani Sweilem, Minister of Water Resources and Irrigation, presented during the meeting an explanation to members of the government about the details of what happened in the last round of the Renaissance Dam negotiations. The minister also listed the constants of the Egyptian state regarding this important file.

In this context, the Minister of Water Resources and Irrigation confirmed that the statement issued by the Ministry yesterday, regarding the end of the Renaissance Dam negotiations, expresses the position of the Egyptian state. The statement confirmed that the end of the negotiating tracks came as a result of the Ethiopian positions of refusal, during the past years, to adopt any of the compromise technical and legal solutions that would secure the interests of the three countries, Egypt, Sudan and Ethiopia, in addition to the Ethiopian side’s persistence in retracting the satisfactory understandings that had been reached. for its declared interests.

The statement issued by the ministry also confirmed that Egypt will closely monitor the process of filling and operating the Renaissance Dam, and that the Egyptian state reserves its right guaranteed under international conventions to defend its water and national security in the event it is exposed to harm.

2023-12-20 11:14:00
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