 Negotiations were held between the Energy and Water Resources Minister of Israel Silvan Shalom, the Cypriot minister of agriculture, natural resources and environment Nicos Kouyialis and the Greek minister of environment, energy and climate change George Lakkotrypis.The 2,000-mega-watt EuroAsia Interconnector is planned to lift Cyprus and Israel out of energy isolation through cheaper electricity as supported by George Lakkotrypis.Silvan Shalom announced that the agreement is "historic" and insisted that it demonstrated the powerful relations between the countries the three countries adding that the electric conduit will become a cable and is going to export electricity to the European energy market.