Thursday 26 May 2011

Egyptian FM trying to amend Camp David accords


[ 25/05/2011 - 09:33 PM ] 
CAIRO, (PIC)-- Egyptian foreign minister Nabil al-Arabi is studying an idea to amend several items and activate other items that have been neglected on the Camp David accords which the country signed with Israel, high-level Egyptian diplomats have told the PIC.

Arabi has been overseeing a board of legal experts and diplomats for the past two months to study the Camp David accords and determine how Egypt and the Arabs can benefit from several items that have thus far been neglected.

The sources said that Arabi is confident that the committee will succeed, even though the treaty was signed over thirty years back.

They added that Arabi wishes to properly apply the treaty and not to terminate it.

One of the treaty's items states that the parties had agreed to set up a committee for mutual financial settlements. Arabi holds that the stipulation provides Egypt the right to receive the rate differentials in gas prices that were supplied to Israel during the former toppled regime.

The foreign minister accused Israel of using word-play to manipulate its interests in the treaty. For example, Israel agreed to maintain peace with nations interested in it, but it has yet to make peace with the Palestinians although they had already agreed to it.

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