EU Unveils €7.4 Billion Aid Package for Egypt to Tackle Migration and Economic Challenges

The comprehensive deal includes financial assistance and aims to strengthen border security amid concerns over Egypt's human rights record.

The European Union announced a 7.4-billion-euro aid package for Egypt aimed at addressing migration concerns and bolstering the country's economy.
The deal, signed in Cairo by EU and Egyptian leaders, includes grants and loans over three years, with a focus on macro-financial assistance and migration management.
Critics have raised concerns over Egypt's human rights record, urging the EU to ensure that human rights benchmarks are clear and respected.
The aid package is part of the EU's broader strategy to manage migration by supporting neighboring countries' economies and border security.
The EU-Egypt deal follows similar agreements with Tunisia and Mauritania, aiming to fortify borders and manage migrant inflows into the EU.