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Egyptian-Greek Plans for Economic Zone Stir Tensions with Turkey
The article discussed the crisis surrounding the Libyan Parliament's approval of the maritime memorandum of understanding with Turkey, and the rejection of this by Egypt and Greece. Egypt and Greece agreed to expand their exclusive economic zone (EEZ) in the Eastern Mediterranean, which could threaten previous de-escalation efforts and increase tensions over the region's gas reserves. Egypt affirmed that Libya's ratification of the Turkish-Libyan agreement does not have legal implications for Cairo and rejected any repercussions from it, while continuing consultations with Greece and Cyprus to maximize their benefits from the maritime resources. Experts indicated that the expansion aims to complete the delineation of maritime boundaries in a manner that secures Egypt's rights to explore resources, with an expectation that no conflict with Turkey will occur despite diplomatic escalation. The Egyptian and Greek moves are focused on safeguarding their interests in the region, and there is a near amicable understanding with Turkey to avoid escalation in the Eastern Mediterranean gas issue.
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