Furthermore, on October 9, 2020, THE AMENDATORY AGREEMENT BY EXCHANGE OF LETTERS TO THE DEBT CONVERSION AGREEMENT OF MAY 10, 2012, between the Italian Republic and the Arab Republic of Egypt entered into force.

Amendatory agreement by exchange of letters to the debt conversion agreement of May 10, 2012 (in force since 2020) between the Italian Republic and the Arab Republic of Egypt

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Amendatory agreement by exchange of letters to the debt conversion agreement of May 10, 2012 (in force since 2020) between the Italian Republic and the Arab Republic of Egypt

This amending agreement modifies and supplements the provisions previously established in the May 10, 2012 Debt Conversion Agreement.

LINK: Amendment

Finally, on July 3, 2023, the agreement was extended through an AGREEMENT BY EXCHANGE OF LETTERS FOR THE EXTENSION OF THE DEBT CONVERSION AGREEMENT, SIGNED IN CAIRO ON MAY 10, 2012.

The amended agreement provides that its validity is extended until December 31, 2024. The extension is aimed at ensuring that the funds allocated for specific projects and activities are used optimally. If the funds are not fully spent by the expiration date, a further extension of the agreement may be agreed upon in order to ensure the completion of the financed projects.

LINK: Extension