Iran's IRGC holds real power but peace talks must go on, says Egypt's foreign minister
Egypt faces a region erupting in crisis, Foreign Minister Badr Abdelatty has said, as Cairo works to mediate between the US and Iran, contain the war in Gaza and protect its share of the Nile waters. “We are living in a very, very volatile region,” Mr Abdelatty told On The Record with Hadley Gamble . “It is unpredictable.” A framework agreement, signed by the US and Iran in June aimed at…
Egypt's Foreign Minister Badr Abdelatty warns that the region is facing a volatile and unpredictable situation, with no signs of peace between Iran and the US. The framework agreement aimed at ending the war has collapsed, leaving Iran to be controlled by its Islamic Revolutionary Guard Corps, according to Abdelatty. Egypt is dealing with a "perfect storm" of crises, including the Gaza war, the blockade of the Strait of Hormuz, and attacks by Houthi rebels on Red Sea shipping, which costs the economy about $11 billion.
Despite facing unprecedented debt, Egypt's economy has shown resilience with a growth rate of 5.5 percent and a substantial foreign currency reserve. Abdelatty emphasizes the importance of continuing diplomatic efforts to achieve a peaceful resolution, including negotiations on Iran's nuclear program, sanctions, and the Strait of Hormuz.
He also highlights the ongoing conflict in Gaza, where Israeli forces are blocking aid and reconstruction efforts, warning that the situation is becoming unbearable for the Palestinian population. Abdelatty advocates for a collective security arrangement based on Palestinian statehood and unity among Arab nations, rejecting non-state actors.
Egypt faces a significant refugee crisis, with 5.5 million Sudanese and 1.5 million Syrians currently residing in the country. Water security is a critical issue, as Egypt depends heavily on the Nile for freshwater and faces a growing demand due to a rapidly increasing population. The Grand Ethiopian Renaissance Dam threatens Egypt's water supply, and Abdelatty reserves the right to defend Egypt's water interests under international law, citing Article 51 of the UN Charter.
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