Egypt's President Signs Strategic Maritime Deal With Greece

CAIRO (AP) -- Egypt's president Saturday ratified a maritime deal setting its Mediterranean Sea boundary with Greece and demarcating an exclusive economic zone for oil and gas drilling rights, the state-run news agency reported, in a move that has angered Turkey.

The bilateral agreement is widely seen as a response to a rival deal between Turkey and Libya's Tripoli-based government that spiked tensions in the East Mediterranean region, along with Turkey's disputed oil and gas exploration in the seawaters.

The MENA news agency said that the deal, signed by President Abdel-Fattah el-Sissi, was published by the official gazette on Saturday.



Egyptian Parliament Speaker Ali Abdel-Al had in August called the deal with Greece “very significant.”

