Egypt’s Sisi discusses economic cooperation with a senior Russian delegation

Newspaper Title: https://english.ahram.org.eg/

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Sunday - 19 March 2023

Egyptian President Abdel-Fattah El-Sisi held discussions on Sunday with a delegation of senior Russian officials regarding the development of economic relations and joint projects between the two countries, according to a statement released by the Egyptian Presidency.

The visiting delegation was led by Mikhail Bogdanov, Russia's deputy foreign minister and President Vladimir Putin's special envoy to the Middle East, and included Russian Deputy Prime Minister and Minister of Trade and Industry Denis Manturov.

The talks focused on strengthening Egyptian-Russian economic relations, in light of the strategic partnership between the two nations, through various bilateral mechanisms for cooperation.

Among these mechanisms is the joint committee for trade, economic, scientific, and technical cooperation between the two countries, which is currently holding its fourteenth session in Cairo.

The meeting also addressed developments in Russian investments and joint projects in Egypt, particularly the Dabaa nuclear power plant, and the establishment of the Russian industrial zone in the Suez Canal Economic Zone, which will facilitate joint manufacturing projects and the localisation of industry for export to different markets.

Discussions also touched on cooperation in the field of grain and food supply, in light of the current global crisis.

During the meeting, Egyptian and Russian officials emphasised their mutual interest in continuing to strengthen bilateral relations in various fields.

The meeting was attended by Prime Minister Mostafa Madbouly, Minister of International Cooperation Rania Al-Mashat, Minister of Finance Mohammed Maait, and Minister of Trade and Industry Ahmed Samir, according to the Spokesman for the Egyptian Presidency, Ahmed Fahmy.