• Short Summary

    An agreement was signed in Bonn, West Germany, on Tuesday (30 March) under which West Germany will give Egypt capital and material aid totalling 46 million pounds Sterling (230 million marks).

  • Description

    An agreement was signed in Bonn, West Germany, on Tuesday (30 March) under which West Germany will give Egypt capital and material aid totalling 46 million pounds Sterling (230 million marks).

    The agreement was signed by ministers in the 130 member delegation accompanying Egypt's President Anwar Sadat on a five day official tour of West Germany.

    President Sadat's visit to West Germany is the first leg of a European tour of France, Italy, Austria and Yugoslavia a aimed at obtaining financial support for Egypt's war-shattered economy and political backing for her Middle East policies.

    Reuters say the West German aid was agreed on before President Sadat's visit and there is no official indication that there will be any further grants.

    However Reuters also quotes observers in Bonn as saying that they believe West Germany is considering indirectly financing arms sales to Egypt and might consider providing credits for the purchase by Egypt of 120 Alpha jets from France.

    Prior to the signing of the aid agreement President Sadat held talks with West German Chancellor Helmut Schmidt. Egyptian Foreign Minister Mr. Ismail Fahmi and his West German counterpart, Herr Hans-Dietrich Genscher, also took part in the discussions.

    Reuters said that during the talks President Sadat requested West German assistance in guaranteeing peace in the Middle East.

    Speaking to the West German Society for Foreign Affairs later in the day President Sadat said that Europe could help restore the balance of power in Middle East politics.

    He said that Europe had a duty to react positively and promptly to his requests for assistance and should go half way to meet Egypt's efforts to build up reciprocal and useful relations.

    He went on to say that the Palestine Liberation Organisation (PLO), which he described as a moderate body dedicated to peace, should be admitted to negotiations on the Middle East conflict without preconditions.

    SYNOPSIS: Bonn, West Germany, where Egyptian Foreign Minister Ismail Fahmi and his West German counterpart, Hans-Dietrich Genscher signed an agreement on Tuesday under which West Germany will give Egypt capital and material aid totalling 46 million pounds sterling.

    Mr. Fahmi is part of a 130 member delegation accompanying Egypt's President Anwar Sadat on a European tour during which they will visit France. Italy, the Vatican, Austria and Yugoslavia. The main purpose of the tour is to obtain financial support for Egypt's war-shattered economy and political backing for her Middle East policies.

    The Egyptian delegation arrived for its five day official visit on Monday and before the signing of Tuesday's agreement President Sadat had talks with West German Chancellor Helmut Schmidt. Reuters say that during the discussions President Sadat also sought West Germany's assistance in guaranteeing peace in the Middle East.

    President Sadat said that Europe had a duty to react positively and promptly to his requests for assistance and should go half way to meet Egypt's peace efforts.

  • Tags

  • Data

    Film ID:
    VLVAEHOFIV0GHIOKTNDP16SXGT4H
    Media URN:
    VLVAEHOFIV0GHIOKTNDP16SXGT4H
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    31/03/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:12:00
    Time in/Out:
    /
    Canister:
    N/A

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