[ltr]Arab and international[/ltr]
Since 2018-05-23 at 15:14 (Baghdad time)
[ltr]Follow-up of Mawazine News
Egyptian Minister of Trade and Industry Tariq Qabeel announced on Wednesday that the signing of the agreement of the Russian industrial zone in Port Said will take place today.
"The signing of the agreement on the industrial zone of Russian companies in Port Said, Egypt, will take place on Wednesday," Cain said in an interview with Sputnik.
"The talks ended about a month ago, and then the Russian and Egyptian governments agreed to the agreement, and today we will sign it, there is no delay in signing."
Russia's Rostselmash has revealed that it is seeking an agreement on participation in the Russian industrial zone in eastern Port Said.
In February 2016, Russia and Egypt signed a memorandum on the establishment of a Russian industrial zone in Egypt. Russian car companies were named Gas Group, Kamaz Group and Gas, as well as oil companies Gazprom Nefta and Tanfelt as companies likely to operate in the region.
The economic zone of the Suez Canal, which was revealed in December last details of the establishment of the Russian industrial zone, which is scheduled to begin this year in East Port Said, east of the country, with an area of 5.25 square kilometers, the three stages of 13 years starting next year, Amounting to 6.9 billion dollars. Finished[/ltr]