Washington agreements to be included in Ethiopia dam’s final deal – Treasury Department

The Ministers of Foreign Affairs and Water Resources of Egypt, Ethiopia and Sudan have reached an agreement on a schedule for a stage based filling plan of the Ethiopian Renaissance Dam, a statement issued by the US Treasury Department read.

The ministers met with the US Secretary of the Treasury and the President of the World Bank, participating as observers in negotiations on the filling and operation of dam in Washington on January 28-31.

At the conclusion of the meetings, the ministers also approved a mitigation mechanism for the filling of the dam during drought, prolonged drought, and prolonged periods of dry years; and

a mitigation mechanism for the annual and long-term operation of the dam in drought, prolonged drought, and prolonged periods of dry years, the statement added.

They also discussed and agreed to finalize a mechanism for the annual and long-term operation of the Ethiopian da, in normal hydrological conditions, a coordination mechanism, and provisions for the resolution of disputes and the sharing of information.

They also agreed to address dam safety and pending studies on its environmental and social impacts.

The Ministers have instructed their technical and legal teams to prepare the final agreement, which shall include the agreements reached above, for a signing of the three countries by the end of February, 2020, the US Treasury Department said.

The Ministers recognize the significant regional benefits that will result from this agreement and from the operation of the dam with respect to transboundary cooperation, regional development and economic integration, it added.

The Ministers reaffirmed the importance of transboundary cooperation in the development of the Blue Nile to improve the lives of the people of Egypt, Ethiopia, and Sudan, it concluded.

Source: State Information Service Egypt