Egypt’s victory in economic war requires exceptional negotiation skills

Our region is currently experiencing the most challenging phase of colonisation since the ill-fated Sykes-Picot Agreement in 1916. Why don't oil countries host the refugees instead of placing the entire burden on Egypt?

Dina Abdel Fattah

I resume writing after a three-week break due to personal emergencies. I had hoped to resume my articles with happy or at least positive news. However, it seems the current phase is characterised by turmoil, complexity, and danger, especially after Hamas announced last Wednesday the assassination of its political bureau chief, Ismail Haniyeh, by an Israeli airstrike on his residence in Tehran.

The assassination of Haniyeh, the former prime minister of Palestine, sets the region up for a new cycle of critical escalation.

Meanwhile, Israeli Prime Minister Netanyahu’s office issued official directives to government ministers not to comment on Haniyeh’s assassination. However, analysts interpreted Netanyahu’s speech on the evening of Wednesday, July 31, as hinting at his responsibility for the incident. He stated that “Israel delivered crushing blows to all of their enemies, Hezbollah, Hamas, and the Houthis.”

Deadly remarks from all parties involved ensued pledging retaliation for Haniyeh’s killing. The most severe was the sympathy statement from Iranian Supreme Leader Ali Khamenei, which posed an implied threat to the Zionist entity. He posted the following on the X platform: “The criminal, terrorist Zionist regime martyred our dear guest in our territory and has caused our grief, but it has also prepared the ground for a severe punishment.”

I believe Ismail Haniyeh’s killing will result in retribution, exacerbating Netanyahu’s situation. The tragedy may plunge the entire region into the abyss. He understands that his demise is unavoidable and that his only option is to die. He is driving the entire region to devastation and death, and his demise would be the end of all.

The next several days will disclose fresh chapters in the plot to split and enslave the area for the benefit of the United States and its faithful agent, “Netanyahu.” No one knows where this will end, but the beginnings do not seem good. If Iran joins the escalation, the region would surely experience an increase in security and military tensions, hurting all parts of life, particularly the economic and financial well-being of the majority of the region’s peoples.

I would not be exaggerating if I said that since the signing of the disastrous agreement between UK’s Mark Sykes and France’s George Picot, known as the “Sykes-Picot Agreement” in 1916 to divide the region between British and French influence, the region has not seen stability even in the peak stages of independence and liberation from its original colonisers, “the Ottoman Empire,” their heirs “the British and French” after World War I, or their virtual colonisers after World War II until today (the United States).

The colonizers’ objective is always to grab wealth using increasingly advanced technological and contemporary instruments while minimising loss of life and money. They were effective in dominating the region with deceptive promises. They use of tempting tools valued to the people’s souls under the guise of promoting the principles of freedom, equality, democracy, justice, peace, and even luring them with easy money. The new coloniser utilised a variety of tactics to manipulate people’s thoughts and emotions. They were even successful in infiltrating the ranks of the kids, instilling ideals and concepts in their heads.

These steps were only the beginning of actual subsequent colonialism, as evidenced by the successive bloody events that have devastated the region, ushering in a new stage of conflict to seize more lands and control millions of people, either through traditional wars or economic and financial pressure.

Even the solutions to restore the destruction incurred by the new coloniser were only more submission to new colonial forms with the will and consent of the people and without any resistance or even the ability to rejection.

This is a quick overview of our current situation. Perhaps we are in the midst of one of its most difficult periods, in which all paths intersect and worldwide efforts are strengthened and combined to complete the massive mission of the new colonialism. What developed nations are doing now to assist the violent assault of the Zionist invaders of Gaza reflects the true intentions of colonial tendencies.

The current unparalleled increase of support for agents seeking to split peoples and incite internal unrest and war is tangible evidence that plans to control and divide the region’s resources are far from done. It is now apparent that colonial inclinations are disregarding all slogans and promoting murdering and cruelty, enabling killings of children, women, and the old. Not only that, but there was unequivocal authority to starve and dehydrate millions of people, prohibiting the entrance of medication or clothes, in a genocide unprecedented in human history. What is going on in Gaza has exposed everyone.

If we shift our focus to economic colonialism, we will see that the Egyptian state is now the primary sufferer. The pressures imposed on Egypt by colonial financial lending institutions are extremely exhausting, especially since all lending conditions are unfair and intended to incite people’s rage, whereas the new coloniser employs calculated and tested equations to achieve its goals with the least cost and effort.

Egypt has been and will continue to be the dominant power in this troubled area, therefore the next phase will need outstanding negotiating abilities. It requires financial and economic professionals, attorneys, and legal experts with worldwide expertise.

After failing to weaken security, stability, and people’s cohesiveness, the coloniser had no choice but to increase pressure on crucial sectors such as the economy and investment, which are the foundations of state stability. This is exactly what we are presently seeing from multinational banking organizations.

I hope we have more professional tools to negotiate successfully with these institutions, as this is a national security issue. We must not succumb to new burdens on the people, and we must all understand that there are several bargaining techniques that can achieve our goals.

Egypt is badly impacted by the regional situation, since it hosts millions of refugees and is profoundly affected by the Suez Canal’s decrease in revenue and rising prices for approximately 60 per cent of imported supplies.

Even oil-rich nations, who are better off economically and in terms of welfare, were unwilling to accept even 10 per cent of Sudanese or Syrian refugees or other victims of regional internal strife.

I hope officials exert greater efforts in negotiations to alleviate burdens and seek the help of international specialised experts rather than placing further burdens on citizens who have borne and continue to bear a great deal to ensure the nation’s stability.

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