Monday, February 13, 2012

Egyptian parliament threatens to cancel peace agreement if US withholds funds

The Egyptian Parliament yesterday threatened to cancel the peace accords with Israel if the US stops aid to Egypt.

Essam el-Erian, Chairman of the Foreign Affairs Committee in the Egyptian parliament, said that if the United States decided to cut off economic aid for Egypt, it would endanger the Camp David agreement.

He said that part of the Camp David accords was for continued US aid to Egypt, and that if the US would pressure Egypt it would end up hurting Israel.

He said that Egypt is impervious to pressure and that it now makes all of its own decisions.

The US started sending about $1.5 billion in military aid to Egypt after Camp David, but it is not part of the signed agreements. Other US aid to Egypt is not even implicitly tied to Camp David as far as I can tell.