In Cairo begins the work of the Russian-Egyptian intergovernmental Commission

In Cairo begins the work of the Russian-Egyptian intergovernmental Commission


It is planned to sign several documents, the most important of which will be the Protocol on the establishment of a Russian industrial zone in the Suez canal area. The work of the Commission will last until 2 February.

CAIRO, 31 Dec –. The tenth meeting of the Russian-Egyptian intergovernmental Commission on trade-economic cooperation started its work on Sunday in the Egyptian capital Cairo.

In the work of the Commission the sides plan to sign several documents, the most important of which will be the signing of the Protocol on the establishment of a Russian industrial zone in the Suez canal area, as well as the signing of the agreement between the Russian direct investment Fund (RDIF) and a number of Egyptian banks to find financing instruments and investment projects.

The Russian delegation will be accompanied by representatives of 60 Russian companies. In conjunction with the work of the intergovernmental Commission is planned to hold the Russian-Egyptian business forum.

The work of the Commission will last until 2 February. To preside at meetings of the Ministers of industry and trade of the two countries.

Earlier, the President of Egypt Abdel Fattah al-Sisi said that the country expects soon to start practical steps to create a Russian industrial zone in the region of the Suez canal.