"Egypt and the European Union will hold their first summit on Wednesday in Brussels where leaders will discuss security, trade and migration as well as stability in Gaza. Egyptian President Abdel-Fattah el-Sissi, European Commission President Ursula von der Leyen and European Council President António Costa are expected to announce increased European economic assistance to Egypt and Egypt's admission to the EU's Horizons research incubation program,"
"The summit comes as the 27-nation bloc has sought to forge new trade and security deals amidst geopolitical tumult sparked by the combative policies of U.S. President Donald Trump and export controls from Chinese President Xi Jinping. Part of its approach is a so-called Pact for the Mediterranean in which the EU seeks deeper integration with countries from Morocco to Turkey, including offering European aid in exchange for efforts to slow migration to Europe."
Egypt and the European Union will hold their first summit in Brussels to discuss security, trade, migration and stability in Gaza. Leaders plan to announce increased European economic assistance to Egypt and Egypt's admission to the EU's Horizons research incubation program, a 175 billion euro fund for scientific research and innovation. The summit occurs as the 27-nation bloc seeks new trade and security deals amid geopolitical tumult tied to U.S. and Chinese policies. The EU's Pact for the Mediterranean aims to deepen integration and offer aid in exchange for migration control. Egypt faces soaring inflation and instability from the Gaza war. The EU is Egypt's largest trading partner and previously pledged a 7.4 billion euro aid package in loans, investment and migration support.
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