The landmark agreement follows months of high-level talks and a structured roadmap aimed at reviving political and economic cooperation
News Desk - The Cradle

“Yes, the decision has been made and is awaiting official announcement, and the political will exists within the leadership of both countries. It is only necessary to agree on a specific time for the announcement, although Egypt and Iran are not in a hurry,” Ferdowsipour told Al Jazeera.
“To begin with,” he added, “I would like to emphasize that the roots of relations and shared civilization between Egypt and Iran are much greater than with any other country.”
Ferdowsipour described a three-stage roadmap agreed upon by the two sides and said, “The first step was to remove the existing obstacles, and thank God we have succeeded in removing all obstacles from both sides.”
The second phase focused on building trust across political, economic, security, and tourism files, while the third phase aims to consolidate economic ties through investment, tourism, and intra-regional trade.
More than 15 foreign minister-level meetings have taken place, alongside talks involving health, justice, tourism, and energy officials.
A joint political consultation committee has convened twice, addressing judicial cooperation, prisoner exchanges, memoranda of understanding (MoU), and coordination on regional developments.
On energy, Ferdowsipour said, “Iran is ready to supply Egypt with its petroleum needs, but so far no official Egyptian request has been made.”
He also pointed to past Iranian investments in oil storage in Alexandria, automotive manufacturing, and textiles, noting that reviving them is under review by joint committees.
Diplomatic relations between the two countries have not operated at the full ambassadorial level since 1979.
Egypt has been among the regional states lobbying against a US military strike on Iran in recent weeks, publicly advocating de-escalation and renewed diplomacy amid rising tensions.
Egyptian Foreign Minister Badr Abdelatty held separate phone calls with senior US and Iranian officials, urging de-escalation and cautioning against further instability, while Cairo’s Foreign Ministry issued statements backing indirect talks between Washington and Tehran as the only viable path forward to spare the region the risks of military escalation.
The Egyptian presidency said it continues to make efforts to encourage both sides to return to the negotiating table to reach a peaceful settlement of the Iranian nuclear issue.
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