Egyptian president, Russian delegation discuss economic relations

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Egyptian President Abdel-Fattah al-Sisi

Xinhua News

20th March 2023 – (Cairo) Egypt and Russia underscored their mutual commitment to further strengthening economic relations, spokesman for the Egyptian Presidency said in a statement on Sunday.

In a meeting held in the Egyptian capital of Cairo, Egyptian President Abdel-Fattah al-Sisi discussed with a high-level Russian delegation the economic relations between the two countries, Ahmed Fahmy was quoted as saying in the statement.

The two sides talked about Russian investments and their joint ventures in Egypt in a number of fields, particularly the construction of the nuclear power plant in El Dabaa, as well as the establishment of the Russian Industrial Zone in the Suez Canal Industrial Zone.

The meeting also focused on cooperation in the supply of grain and food in light of the current global crisis, according to the spokesman.

The Russian delegation included Deputy Prime Minister and Minister of Trade and Industry, Denis Manturov, Special Representative of the Russian President Mikhail Bogdanov as well as the vice president of the Russian Central Bank.