The Euphrates-Tigris basin is among the most important river basins in Turkey and in the Middle East. The average annual discharge of the Euphrates and Tigris rivers is 84 billion m3, which equals to the average annual flow of the Nile River. Euphrates provides 90 per cent of water, whose average annual flow is 32 billion m3, from Turkey.
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After the peace treaty in 1994, the implementation of a canal linking the Red Sea and the Dead Sea became the focal point of Israeli-Jordanian cooperation. In February 2015, Jordan and Israel signed an agreement to implement the first phase of the project at a cost of $900 million over a period of three years.