New Round of Long-Term Talks over GERD

A round of talks on the Grand Ethiopian Renaissance Dam (GERD) ( Egyptian Ministry of Irrigation and Water Resources)
A round of talks on the Grand Ethiopian Renaissance Dam (GERD) ( Egyptian Ministry of Irrigation and Water Resources)
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New Round of Long-Term Talks over GERD

A round of talks on the Grand Ethiopian Renaissance Dam (GERD) ( Egyptian Ministry of Irrigation and Water Resources)
A round of talks on the Grand Ethiopian Renaissance Dam (GERD) ( Egyptian Ministry of Irrigation and Water Resources)

A new round of long-term negotiations on the Grand Ethiopian Renaissance Dam (GERD) continued Tuesday with the participation of the irrigation ministers of Egypt, Sudan, and Ethiopia.

The new round began in Cairo, seeking an agreement on the dam's operating rules despite fears of failing to reach a deal as in previous rounds.

The Egyptian Ministry of Irrigation and Water Resources said the meeting follows up on recent talks held in Cairo and Addis Ababa over the past two months.

It indicated that the Cairo meeting is based on talks between the three countries to accelerate the process of reaching an agreement on the rules for filling and operating GERD, following a meeting between leaders of Egypt and Ethiopia on July 13.

The Ethiopian Foreign Ministry also stated Monday that it is committed to reaching a negotiated result through the tripartite talks.

It stressed in an official statement that the three countries are expected to carry out their joint responsibility to ensure fair and reasonable use of the Nile River.

Observers believe the repeated negotiations without significant results led to increasing fears of not reaching an agreement that satisfies all parties.

They explained that it comes with a change in the parameters of many controversial points, some of which have become futile to discuss due to Ethiopia's imposition of a 'de facto policy.'

Last September, Ethiopian Prime Minister Abiy Ahmed announced the completion of the fourth round of filling of the GERD reservoir, which was criticized by the Egyptian Foreign Ministry, saying it ignored "the interests and rights of the downstream countries and their water security."

The Deputy Director of al-Ahram Center for Political and Strategic Studies (APSS), Ayman Abdel Wahab, considered that many contentious points have changed due to Addis Ababa's policy of imposing a fait accompli.

Abdel Wahab told Asharq Al-Awsat that some points of contention between Egypt and Ethiopia have been overcome because they have become a fait accompli, such as the rules for filling the dam and safety measures.

According to the expert, Addis Ababa does not have the political will to sign a binding agreement but instead creates new controversial points in every round of negotiations, such as its recent insistence on ensuring a water share allocation.

In addition, former advisor to the Egyptian Minister of Irrigation and Water Resources Diaaeddine al-Qusi believes that many of the controversial points relate to technical details such as the dam's safety parameters, which is a scientific matter that may harm all Nile Basin countries in the event of a natural disaster.

Qusi also told Asharq Al-Awsat that there were many controversial points related to the future and the operating rules of the dam, noting that it was necessary to form committees to address disputes between the two countries in the event of disagreements.

He indicated that there should also be a committee that manages the mechanisms for periods of drought during which rainfall and water levels drop.

Qusi explained that Ethiopia has operated only one turbine out of the five that were supposed to be included in the dam, as handling all the turbines will pump the surplus water back towards Sudan and Egypt.



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."