US treasury Department: Final agreement on GERD talks to be signed by end of February

US Treasury Secretary Steven Mnuchin announced that the United States, with technical support from the World Bank, has agreed to facilitate the preparation of the final agreement on the Grand Ethiopian Renaissance Dam (GERD)’s negotiations for consideration by the ministers and heads of state of Egypt, Ethiopia and Sudan.

Mnuchin said the final agreement is set to be signed by the end of February.

Ministers of Egypt, Ethiopia and Sudan and their delegations met with the Secretary of the Treasury and the President of the World Bank, participating as observers, to continue negotiations on the filling and operation of the Grand Ethiopian Renaissance Dam (GERD), in Washington, D.C. on February 12-13, 2020, the US Treasury Department said in a press release.

The Ministers reviewed the progress achieved by their technical and legal teams and continued their discussions on the remaining issues necessary for a final agreement, it added.

Source: State Information Service Egypt