Egypt and Sudan agreed to establish an Egyptian-Sudanese joint stock company on agricultural and animal production and food industries, as they face a threat of shortage of Nile water amid the faltering negotiations on Ethiopia’s controversial Nile dam.
CAIRO — Egypt and Sudan signed April 22 a memorandum of understanding to establish an Egyptian-Sudanese joint company whose work will focus on agricultural, animal production and food industries, in a bid to support food security and the national economy in the two countries as they face a great risk amid the stalled negotiations on Ethiopia’s Grand Ethiopian Renaissance Dam (GERD). The two countries fear the dam’s filling and operation will affect their shares of the Nile River water.