Anwar Sadat, Jimmy Carter and Menahem Begin at the Camp David Accords Signing Ceremony. Photo: wiki commons.

Egypt’s newly elected president, Mohamed Morsi, said Monday that his country’s Camp David peace treaty with Israel “will be reviewed,” the Iranian news agency Fars reported.

Morsi, a member the Muslim Brotherhood who was officially declared the winner of the election on Sunday, said he intends to achieve “strategic regional balance” by restoring “normal relations” with Iran.

The Iranian Foreign Ministry said in a statement that Morsi’s win was a key step in “an Islamic awakening and a new era in the Middle East.”

Israeli Prime Minister Benjamin Netanyahu said he hopes peace between Israel and Egypt remains intact, adding that he respects the results of Egypt’s first democratic election.