West Germany agreed to give Egypt 245 million marks (about 50 million sterling) this year in an agreement signed in Cairo on Tuesday (15 April).
GV EXTERIOR Rest-house
MV INT (from to left to right (German Minister Genscher and Egyptian Foreign Minister Fahmi seated
SV President Sadat entering and greeted by Genscher as cameraman look on (2 shots)
CU Sadat ZOOM OUT TO GV Sadat and Genscher seated
GV PAN EXT Building
SV Fahmi signing PAN to Genscher signing ZOOM OUT TO GV both men signing as newsmen watch (4 shots)
MV Both Ministers shake hands
Initials BB/2025 FC/DW/BB/2015
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Background: West Germany agreed to give Egypt 245 million marks (about 50 million sterling) this year in an agreement signed in Cairo on Tuesday (15 April).
West German Foreign Minister Hans-Dietrich Genscher signed the agreement with his Egyptian counterpart, Ismail Fahmi, after several round of discussion.
Under the agreement, Egypt is to receive West German investment, technical and other aids.
During his visit, Herr Genscher discussed the situation in the Middle East with Egyptian leaders including President Sadat.
Herr Genscher said at a news conference that this country would, through the European Common Market, guarantee Middle East peace settlement. He added that it was, however, unwise to disclose in public Europe's role.
He added that his country had a balanced Middle East policy, meaning friendship with the Arab world and Israel.