Egypt, Cyprus, Greece to form a maritime economy committee
Prersident Sisi (L) Speaks To Greek Prime Minister Alexis Tsipras (C) And President Of Cyprus Nicos Anastasiades During His Visit To Cyprus in April - YOUM7
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CAIRO: Egypt, Greece, and Cyprus have agreed to form a committee of maritime economy to discuss tripartite cooperation in fields of maritime navigation, technology, tourism, announced Cypriot President Nicos Anastasiades Wednesday in Athena.

In a tripartite summit with Egyptian President Abdel Fatah al-Sisi and Greek Prime Minister Alexi Tsipras, Anastasiades said that the newly discovered Mediterranean Zohr gas field which a key factor of cooperation in the region.

President Sisi said that the three leaders are looking forward that the new committee helps reach a positive and effective frameworks of cooperation.

On Dec. 12, 2013, Egypt has signed an agreement with Cyprus over the development of hydrocarbon reserves along the maritime border between both countries in the Exclusive Economic Zone (EEZ.)

The zone is a maritime territory over which a state has special rights of the exploration and use of its resources; Cyprus has signed several agreements with Egypt, Lebanon and Israel to use and explore the area.

In Athena-held summit, the three leaders agreed on unifying their efforts to combat terrorism, and tackle the illegal migration, announcing their support to the Palestinian issue and the necessity of reaching peaceful agreement between the Palestinians and Israel to enable the Palestinians establish their state on borders of 1967, Sisi continued in his speech.

Other burning regional issues, including Libyan and Syrian turmoil, have been tackled among the three leaders. They also agreed to hold the coming tripartite summit in Cairo.

The summit has been held in the light of resuming the distinguished outcomes of Cairo and Nicosia tripartite summits which were held in November 2014 and April 2015.

n the November 2014 Summit, leaders of the three countries pledged to support Egypt to combat terrorism and illegal immigration while during April summit, Sisi accepted a proposal offered by Tsipras to form a committee to re-draw sea borders between both countries.

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