In the framework of the international exhibition “ARABIA - EXPO”, held in Moscow from the 8th up to the 10th of April, Deputy Chairman of the Federation Council Committee on Foreign Affairs, Deputy Chairman of the Strategic Vision Group “Russia – Islamic World”, the head of the cooperation group of the Federation Council with the Chamber of Deputies of the Arab Republic of Egypt, Farit Mukhametshin participated in the round table of the Russian-Egyptian Business Council.
Farit Mukhametshin reminded that diplomatic relations between the Russian Federation and Egypt had a long history: “Last year, in 2018, we celebrated the 75th anniversary of the cooperation date between our countries. We traditionally consider Egypt as one of our lead partners in the Middle East”.
Nowadays, trade and economic relations between Russia and Egypt have been actively developing. In 2018 the volume of the Russian-Egyptian trade was more than 6 million dollars exceeding the analogous rate in 2017 by 20%. The most significant event within Russian-Egyptian relations were the signing of the Agreement on the establishment of Russian Industrial Zone in Egypt (“Port Said Free Economic Zones”) and arrangements about beginning of works and Nuclear Power Plant construction in El Dabaa and about the supply of nuclear fuel to it.
“The achieved level of relations between Russia and Egypt is a good reason to intensify the cooperation between the parliamentarians of our countries. As for the accumulated experience of our countries productive collaboration, reliance on principles of friendship, trust, mutual respect and consideration of each other’s interests, they constitute a solid foundation for relations between our countries, that today have achieved the level of comprehensive partnership and strategic cooperation”, Deputy Chairman of the Strategic Vision Group “Russia – Islamic World” emphasized in his speech.
The round table discussion was attended by Secretary General of the Arab Chamber of Commerce, Khaled Hanafi, by Vice-President of the Russian Federation Chamber of Commerce and Industry, Vladimir Padalko, by Deputy Chairman of the Egyptian-Russian Business Council, Dc. Mustafa Khalil, by Chairman of the Russian-Egyptian Business Council, Mikhail Orlov, and by the representatives of Russian and Egyptian business communities.
“ARABIA-EXPO” is the only Arab exhibition in Russia. It is the event, which brought together 22 Arab countries and many regions of Russia and the CIS countries in order to strengthen trade and economic and investment opportunities.
The events were organized by the Russian-Egyptian Business Council with the support of the Russian Federation Chamber of Commerce and Industry, the Ministry for Foreign Affairs of Russia, the LAS, the General Union of Chambers of Commerce, Industry and Agriculture for Arab countries, Russian Embassies in Arab countries and diplomatic missions of Arab countries in Moscow.
© Press-centre of the Strategic Vision Group “Russia-Islamic World”