Egypt has labeled a newly announced $35-billion gas deal with Israel as a purely commercial agreement, free from political implications, according to Diaa Rashwan, chairman of Egypt’s State Information Service. The deal, which involves the sale of 130 billion cubic meters of gas to Egypt through 2040, has raised questions about Egypt’s position on the Israeli-Palestinian conflict, but officials reaffirmed their commitment to Palestinian rights and a two-state solution. Rashwan emphasized that the agreement is led by established international and Egyptian companies, without government interference.
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