The Issue of Piracy off the Coast of Somalia Egypt’s Stand

Egypt’s Profile Egypt has a stable economy in the Middle East and North Africa Egypt has a stable economy in the Middle East and North Africa Dependent on trade in the Red Sea Dependent on trade in the Red Sea Suez Canal is Egypt's third-largest source of income. Suez Canal is Egypt's third-largest source of income. Currently the 36 th largest export market for US goods Currently the 36 th largest export market for US goods

Impact of Piracy on Egypt Egypt is concerned that the recent surge in piracy will prompt shipping companies to opt for safer routes that avoid the Canal Egypt is concerned that the recent surge in piracy will prompt shipping companies to opt for safer routes that avoid the Canal highlighted by the hijacking of the Saudi supertanker Sirius Star loaded with $100m worth of crude oil highlighted by the hijacking of the Saudi supertanker Sirius Star loaded with $100m worth of crude oil Three shipping companies ordered some of their vessels to travel around the Cape of Good Hope rather than risk the passage through the Suez Three shipping companies ordered some of their vessels to travel around the Cape of Good Hope rather than risk the passage through the Suez

Egyptian-Somali Ties Egyptian-Somali ties are deep-rooted Egyptian-Somali ties are deep-rooted Egypt keeps an eye on what is happening in Somalia. Egypt keeps an eye on what is happening in Somalia. Egypt helped Somalis with food and medicine Egypt helped Somalis with food and medicine provided training to the Somalis police, as well as sent Egyptian teachers and doctors to the country provided training to the Somalis police, as well as sent Egyptian teachers and doctors to the country

Analysis of Situation Somalia’s situation, or Egypt’s Situation?

Egypt’s Stand Egypt agrees with the resolution due to the importance of Red Sea to our economy. Piracy has taken a huge hit on Egypt’s trade. Egypt agrees with the resolution due to the importance of Red Sea to our economy. Piracy has taken a huge hit on Egypt’s trade. Egypt will support Somalia to fight against piracy as it is in common interest for both countries Egypt will support Somalia to fight against piracy as it is in common interest for both countries

Proposed Solution Restore the rule of law to the failed state of Somalia Restore the rule of law to the failed state of SomaliaOR Deployment of more troops to suppress the pirates. Deployment of more troops to suppress the pirates.