Skip to main content

El Sisi of Egypt meets with a group from Russia to discuss enhancing relations

 


 On Sunday, Russian officials including Denis Manturov, the nation's minister of industry and trade, and Mikhail Bogdanov, a special representative of President Vladimir Putin, were received by Egyptian President Abdel Fattah El Sisi.

Mr. El Sisi discussed strengthening economic ties with the Russian authorities at the meeting, which was also attended by the vice-president of the Central Bank of Russia and the federation's ambassador in Cairo, according to a statement from the presidency.

According to the communiqué, a joint Egyptian-Russian committee is now meeting in Cairo to discuss ways to collaborate in the business, industry, research, and artistic sectors.

This month's meeting of the group will be its 14th in order to improve ties between Moscow and Cairo.

The latest on Russian investments in Egypt, which Mr. El Sisi hopes to increase, was also discussed at the meeting.

More grain and wheat trading was also considered, "in light of the ongoing difficulties in this area," according to the communiqué.

The Dabaa nuclear power station, which Moscow is constructing on Egypt's Mediterranean coast, was one of the Russian-funded projects mentioned at the summit.

It was also discussed to build a Russian industrial complex in the Suez Canal Economic Zone, a significant trading hub on the banks of the important waterway. According to the communiqué from the presidency, Cairo intends to jointly develop goods with Russian manufacturers based in the canal zone.

On March 9, Egypt and Russia commemorated 80 years of bilateral ties. To commemorate the event, Mr. El Sisi and Mr. Putin chatted on the phone. Russia is Egypt's top exporter of wheat, grain, and tourism, along with Ukraine.

According to information provided by the Russian Embassy in Cairo, Egypt purchased 4.9 million tonnes of grain from Russia in 2022.

Cairo's dependence on Russian grain is anticipated to last through 2023, according to a statement by Egypt's government grain buyer.

Experts have also predicted that Egypt will turn more to Russia to supply grain to its 104 million people after declaring its withdrawal from the UN Grain Trades Convention.

The deputy prime minister of Russia indicated in January that the country was looking into a system to use roubles rather than dollars to settle payments for grain exports to Egypt.

After its invasion of Ukraine last year, Russia has stepped up its efforts to improve relations with African and Arab countries despite continuing to be subject to severe sanctions from the US and Europe.

Comments

Popular posts from this blog

1 Saudi Move & Impact On West Asian Geopolitics

  As one of the most influential players in the Middle East, Saudi Arabia's actions have far-reaching consequences for West Asian geopolitics. In recent years, we've seen several moves from this powerful nation that are shaking up traditional power dynamics and creating new alliances. From its diplomatic spat with Qatar to its growing relationship with Israel, Saudi Arabia is making bold moves that could change the face of West Asia as we know it. Join us as we dive into the geopolitical implications of Saudi Arabia's latest actions and explore what they mean for the future of this critical region. Saudi Arabia has long been a dominant force in the Middle East, wielding its oil wealth and religious influence to shape regional politics. Its alliance with the United States has given it even greater sway on the global stage, making it a key player in shaping West Asian geopolitics. However, Saudi Arabia's role in the region is not without controversy. Its support for conse

Fights break out as Kurds protest the French government's denial of a terrorist attack

  Following the murder of three Kurds in what is being considered to be a probable racist incident , there have been widespread protests in Paris. The fact that the authorities did not view the attack at a Kurdish centre as a terrorist act has enraged the Kurdish diaspora in Paris. A 69-year-old man opened fire on a crowd of individuals early on Friday morning at the Ahmet-Kaya centre on Rue d'Enghien in the 10th arrondissement. One of the three victims is badly injured. All of the dead were Kurdish community members who passed away both inside and outside the cultural centre. Agit Polat, a spokesman for the Kurdish centre, charged that French officials "yet again failed to safeguard us... This is a terrorist attack in our eyes, according to the AFP news agency. In the afternoon, a number of protestors, largely from the Kurdish diaspora, got into a fight with the police outside the centre and in the streets close by, throwing rocks and torching trash cans. Police use

Verbal spat between Joe Biden and Benjamin Netanyahu over Israel judicial overhaul

  The Prime Minister of Israel, Benjamin Netanyahu, turned down United States President Joe Biden’s suggestion that the Israeli government “walks away” from a plan to overhaul the country’s legal system. A verbal spat between the two close allies took place on Wednesday. The US President and Israeli Prime Minister exchanged a few words on judicial changes in Israel. On Tuesday, reporters asked Joe Biden about Israel’s judicial overhaul planned reforms. Biden reportedly said, “I hope he (Netanyahu) walks away from it.” He said that the Israeli government “cannot continue down this road” and urged compromise on this plan to overhaul the country’s legal system. Subsequently, the Israeli PM said that his country makes its own decisions. He reportedly said in a statement, “Israel is a sovereign country which makes its decisions by the will of its people and not based on pressures from abroad, including from the best of friends.” Netanyahu’s latest comments came a day after he delaye