Iran’s Ahmadinejad seeks strategic axis with Egypt

President Mahmoud Ahmadinejad, on the first visit to Cairo by an Iranian leader in more than three decades, called for a strategic alliance with Egypt and said he had offered the cash-strapped Arab state a loan, but drew a cool response.

“We must all understand that the only option is to set up this alliance because it is in the interests of the Egyptian and Iranian peoples and other nations of the region,” the official MENA news agency quoted him in remarks to Egyptian journalists published on Wednesday.

The two countries have not restored diplomatic ties since Egypt overthrew its long term leader Hosni Mubarak in 2011, but its first Islamist president, Mohamed Mursi, gave Ahmadinejad a red-carpet welcome on Tuesday to a summit of Islamic nations.

Al-Ahram daily quoted Ahmadinejad as saying in an interview that Iran had offered to lend money to Egypt despite being under international economic sanctions over its nuclear program.

“I have said previously that we can offer a big credit line to the Egyptian brothers, and many services,” he said. He did not say if there had been any response.

Full article: Iran’s Ahmadinejad seeks strategic axis with Egypt (Reuters)

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