If I remember correctly, the title was "primus inter pares"
or "first among equals"......
If that is where this negotiation is headed, it sounds good to me. :)
The EP is currenlty primus inter pares among the Orthodox, since the Bishop of Rome is not sharing the same faith with the Orthodox Church. This is by default (according to Ecumenica Councils).
Although the EP has no jurisdiction and cannot lord over other patriarchs, he certainyl has many priviledges that cannot be circumvented or ignored.
He cannot do anything without the Synod, but the Synod also cannot do anything wihtout him!
I t's beautiful checks and balances that the Church devised long before America was even on the map! :)