AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

imageWASHINGTON: US President Barack Obama appeared to suggest in an interview aired Friday that pulling US aid from Egypt would not reverse the behavior of its ruling generals after a coup.

Obama's administration is currently reviewing the status of US assistance to Cairo following the ouster of ex-president Mohammed Mursi and a subsequent crackdown on Mursi supporters.

"You know, my sense is with Egypt is that the aid itself may not reverse what the interim government does," Obama said in an interview with CNN.

"But I think what most Americans would say is that we have to be very careful about being seen as aiding and abetting actions that we think run contrary to our values and our ideals."

"So what we're doing right now is doing a full evaluation of the US-Egyptian relationship."

The United States gives Egypt $1.3 billion a year in military aid along with several hundred million dollars in development and economic assistance.

But he told CNN that after the events in Egypt there was no doubt that Washington could not go back to "business as usual" with Cairo.

He also defended his administration's actions following the coup in July.

He said that the White House did a lot of heavy lifting after Mursi's ouster to try to convince the military to move towards reconciliation but without success.

In return for more than 20 years as a top aid donor to Egypt, Washington benefited from peace between Israel and Egypt, priority access to the Suez Canal and valuable anti-terrorism cooperation.

The question of aid to Egypt will be a hot political issue when Congress returns to work next month after its summer recess.

One outspoken critic of the aid packages, Republican Senator Rand Paul, told the Politico website on Friday that it would not be right to sell more US weapons to Egypt.

"We don't have enough money to be sending it overseas and squandering it," Paul said.

"If you're an Egyptian and you're protesting your government in the street and you're facing down an American tank, it doesn't give you a warm, fuzzy feeling in your heart for America."

Comments

Comments are closed.