{{The European Union stopped short of agreeing immediate cuts in financial or military assistance to Cairo on Wednesday, as the bloc’s foreign ministers held emergency talks to find ways to help bring an end to violence in Egypt.}}
The decision acknowledges Europe’s limited economic muscle in forcing Egypt’s army-backed rulers and the Muslim Brotherhood supporters of deposed President Mohamed Mursi into a peaceful compromise.
It also reflects a concern that abruptly cutting aid could shut dialogue with Cairo’s military rulers and damage Europe’s ability to mediate in any future negotiations to end the worst internal strife in Egypt’s modern history.
The European Union, seen as more neutral than the United States, which provides aid to Egypt’s military, has emerged a key player in Egypt since the army deposed Mursi on July 3. The new government allowed the EU’s foreign policy chief Catherine Ashton to become the first foreign official to see him in detention.
“The principles of our policy are to support democratic institutions, not to take sides,” British Foreign Secretary William Hague told reporters after meeting his EU counterparts in Brussels.
“It is to continue to promote political dialogue and being able to maintain a position where we can continue to do that.”
The ministers agreed to review any financial aid given to Egypt but said assistance to civil society would continue.
They also agreed to suspend exports to Egypt of any equipment that can be used for internal repression and review any arms sales, though stopping short of explicitly agreeing to end such trade.
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