Overview

• 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.