How France and Saudi Arabia will buy the Egyptian regime

 “A fat man eating quails while children are begging for bread is a disgusting sight, but you are less likely to see it when you are within the sound of the gun.”  -George Orwell-

On April 18, the French President François Hollande will in fact be in Egypt for a state visit that is expected intense and profitable (even pass through Lebanon and Jordan) will be accompanied by a delegation of more than 60 businessmen and officials, as well as some ministers , with the intent to shut down several economic and trade agreements. The visit was preceded by the presence in Cairo of the head of the Elysée Protocol, Elizabeth Dobelle, arrived on the scene in recent days with a senior French management team, to put on paper the operational and substantive aspects of such arrangements as they They will be initialed. Last week, again in Egypt, she has visited King Salman of Saudi Arabia: Riad finance a bridge across the Red Sea that will unite the two countries (which may be named after the Saudi king) and will invest about 16 billion dollars in shaky Egyptian economy ; They were also tracked definitely maritime borders between the two states, with Egypt who transferred to Arabia the Tiran and Sanafir islands. The latter aspect is not secondary, that required diplomatic clarifications by the Minister of Israeli Defense Moshe Yaloon, since Israel those boundaries on Sinai and the Red Sea has fought wars with Egypt. Now, however, the phase of cooperation is open, and the optical connecting Jerusalem-Riyadh-Cairo is the contrast to Iran’s initiatives (and associated militias) to an existential stability as the Jewish state as the Sunni countries, as well as the counter -terrorism in general; This was also based on the constitution of Saudi Arabia of the so-called “Islamic NATO”, to which Egypt is a major contributor. The creation of these alignments is also seen as an attempt to break away from dependence on the United States, looking for other western banks such as France; already in June a visit of Laurent Fabius, the French foreign minister he had been given a target to test the waters between Palestinians, Egyptians, Jordanians and Israelis.

Egypt’s arms imports increased by 37 per cent between 2006–10 and 2011–15, primarily due to a steep rise in 2015. According to SIPRI, Egypt’s arms imports grew more than three times in 2015 to $1475 million compared to $368 million in 2014. Also, last year witnessed the highest level of Egyptian arms imports in twenty years.

Riad had already allocated the funds to Egypt in February 2015 for the purchase of 24 Rafale jets, value of the order of EUR 5.2 billion, provided by France to this Cairo has joined the two Mistral classes who were to end up Moscow, then blocked by sanctions (another order worth 3 billion), and two Gowind corvettes, always French (another billion), more, reveals Defense News, a satellite communications system to another billion euro; extremes during the next visit of Hollande State, according to La Tribune (the contract also would end Finmeccanica through Thales Alenia Space, the leading European company in the field of satellite technologies) of the corvette and the satellite will be defined. The money invested by Riad to strengthen through the Egyptian defense contracts with France are added to those that Paris will receive for contracts signed in the Saudi nuclear, where French companies will take care of the works of design and construction of the plants (two in 2020 sixteen for 2030). A report that is consolidated and involving a broad geopolitical if Credit Agricole and other French institutions have decided to fund Egypt, is not so much for the guarantee given by the Ministry of the Egyptian finances, but mostly because there are behind the Saudis .

The close relationship with the Egyptians allowed the French to strengthen its presence in the Maghreb and the Sahel, where it is already set up a military device that takes the name of Barkhane, terrorism and trafficking, to protect the interest of Paris extended over the whole the area.

According to the ministry in Egypt 26% of families live below the poverty line. The percentage has increased by 6% compared to 2011, partly because of the interruption of work activities and government subsidies for the poorest class.

 

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