Page 19 - Issue 70

Vol 1 - issue 70 ELITE

In concluding his talk, Ambassador Saad
spoke about the era of climate change,
warning that Egypt is among the countries
most vulnerable to its impacts. This could
affect sectors like the circular economy and
thus influence international economic
relations. The EU is a leading global actor
in addressing climate change, making the
"green transition" a cornerstone of its

internal and external policies. He
highlighted the "European Green Deal,"
launched in 2019, aiming for Europe to
become the first carbon-neutral continent
by 2050 by decarbonizing and promoting
alternative energy sources. Ambassador
Saad emphasized the importance of
tracking developments in green hydrogen,
as Egypt aspires to become a regional hub
for clean energy, opening new avenues for
cooperation with the EU.

Finally, the discussion ended with an
interactive Q&A session between the audience
and Ambassador Saad, allowing students and
professors to engage directly with the
discussion points, making the event rich and
dynamic. The seminar "Egypt and the
European Union: A Journey of Extended
Economic and Political Relations" highlighted
the intricate ties between the two sides amidst
complex regional and international challenges.
Through Ambassador Raouf Saad’s
contributions, it became clear that the
relationship is not just economic but a
historical and strategic partnership that
demands careful balancing of national
interests and global developments.

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