SHOUKRY: Well, yesterday, the field marshal had meetings with the minister of justice and with the chief of the supreme court, in an effort to start to formulate the legislative and constitutional reforms that are necessary to hold free and fair elections.
AMANPOUR: Do you think that's in a matter of months for elections or a year or so?
SHOUKRY: There are conflicting opinions within the opposition and the government related to the time span that might be needed.
AMANPOUR: Could it be a year?
SHOUKRY: I've heard -- I've heard some in the opposition speaking about the necessity of a year so as to establish the political environment so as the parties will be able to present their platforms and field their candidates.
AMANPOUR: Without the current -- without President Mubarak as the ally, very pro-Western, pro-United States, had that close relationship with Israel, do you think a new system in Egypt will be as automatically favorable to doing what the U.S. wants, what Israel wants, as the previous one?
SHOUKRY: I think the government of Egypt does what is in its best interest and that of its people. And these issues are institutional issues. The relationships -- U.S.-Egyptian relationships is a deep and...
AMANPOUR: Can the U.S. count on the same kind of support as it had before?
SHOUKRY: Certainly. These -- these issues are driven by mutual interest, by Egyptian interests, and interest remains a close association to the United States.
AMANPOUR: Where is President Mubarak?
SHOUKRY: I have no immediate knowledge of his whereabouts.
AMANPOUR: Is he in Sharm el-Sheikh?
SHOUKRY: I believe he is in Egypt. I have not -- I have no information related to specifically where he might be.
AMANPOUR: But in Egypt?
SHOUKRY: That's my understanding.
AMANPOUR: A lot of concern about Israel's international treaties. Yes, the Egyptian military said it would honor the treaties, but people are still worried. Do you believe in the future the peace treaty with Israel will stand?
SHOUKRY: I do believe so. The treaty has been beneficial to Egypt over the last 30 years or more. We have derived a peace dividend from the treaty. We've been able to establish security and stability in the region. And I believe it is a main element in terms of our foreign policy.
AMANPOUR: Ambassador Shoukry, thank you for joining us.
And coming up next, my exclusive interview with the Israeli defense minister, Ehud Barak, and, of course, our roundtable, so stay with us.