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U.S. nears deal for $1 billion in Egypt debt relief: source

Publié par Clifford Armion le 09/04/2012

Matt Spetalnick

WASHINGTON (Reuters) - The Obama administration is close to a deal with Egypt's new government for $1 billion in debt relief, a senior U.S. official said on Monday, as Washington seeks to help Cairo shore up its ailing economy in the aftermath of its pro-democracy uprising.
U.S. diplomats and negotiators for Egypt's new Islamist president Mohamed Mursi - who took office in June after the country's first free elections - were working to finalize an agreement, the official said.
Progress on the aid package, which had languished during Egypt's 18 months of political turmoil, appears to reflect a cautious easing of U.S. suspicions about Mursi and a desire to show economic goodwill to help keep the longstanding U.S.-Egyptian partnership from deteriorating further.
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"U.S. nears deal for $1 billion in Egypt debt relief: source", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), avril 2012. Consulté le 24/09/2020. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/u-s-nears-deal-for-1-billion-in-egypt-debt-relief-source