Due to the strong cultural and historical ties between the two nations, Cyprus and Egypt today enjoy friendly, and strategic relations.
[citation needed] During an April 2009 meeting at ministerial level, the countries explored ways to develop closer ties, with plans for increased collaboration both on tourism and energy related activities.
Erato Kozakou-Marcoullis announced that both the Egyptian and the Cypriot governments agreed to complete the contractual framework on joint exploitation according to the agreement signed between them in 2006.
[5] Egypt, Cyprus and Greece held a tripartite summit in Cairo on 8 November 2014, where the leaders of the three countries tackled the ongoing issues in the region of Middle East and the East Mediterranean Sea, and the three heads of governments agreed to intensify the cooperation between the three countries in economy, security, tourism and energy, as well as defining the common maritime borders and the EEZ in the Mediterranean Sea.
[6] In the Cairo Summit, the governments of Greece and Cyprus condemned the terrorist attacks in Egyptian territory and the Mount Sinai, expressed political support to the Egyptian government, and agreed on mutual support between the three countries in international organizations and forums, with Greece and Cyprus advocating Egypt's positions in the European Union.
Al-Sisi, Anastasiades and Samaras agreed to further encourage the foreign investments to the Egyptian economy and infrastructure, which suffered by the uprisings of Arab Spring, and to participate in the 2015 Cairo Economic Conference.
Among the matters discussed are the development of hydrocarbon reserves in Eastern Mediterranean, along the maritime border between both countries in their Exclusive Economic Zones.