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

Quicklink submitted by Sheila Samples     Permalink
Related Topic(s): ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (38 fans)


At www.reuters.com

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. 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.

Read the rest of the story HERE:

At www.reuters.com


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments