The Egyptian Parliament’s Committee of Legal and Constitutional Affairs approved the Greece-Egypt agreement on maritime zones on Monday as constitutionally sound, ANA reports.
The committee report mentions that if any of the two countries want to sign an EEZ with a third country that shares maritime borders with Greece and Egypt, that country will notify the other ahead of time, prior to signing with the third country.
As Al Ahram newspaper reported, the agreement also mentions that if natural resources including hydrocarbons are found in an area expanding between the EEZ of the two countries, a new agreement must be signed about the exploitation of these resources and any disagreements will be resolved through diplomatic channels.
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