https://sputnikglobe.com/20230925/russia-egypt-expanding-trade-economic-ties—russian-fm-lavrov-1113658889.html
Russia, Egypt Increasing Commerce, Financial Ties – Russian FM Lavrov
Russia, Egypt Increasing Commerce, Financial Ties – Russian FM Lavrov
Russia and Egypt are actively ramping up their commerce and financial relations and creating joint initiatives in numerous areas, Russian Overseas Minister Sergey Lavrov mentioned on Monday.
2023-09-25T16:00+0000
2023-09-25T16:00+0000
2023-09-25T16:00+0000
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“We’re quickly increasing commerce and financial ties. Our mutual commerce reached $6 billion in 2022, which is nearly 30% greater than the 12 months earlier than. In March, one other assembly of the intergovernmental fee on financial system and commerce came about, throughout which new selections have been made concerning additional implementation of our joint initiatives,” Lavrov mentioned through the festive opening of the exhibition devoted to the eightieth anniversary of the institution of diplomatic relations between Russia and Egypt. The flagship challenge of the bilateral cooperation is presently the creation of the primary Egyptian atomic energy plant, whereas a Russian industrial zone is being established within the Suez Canal on the similar time, the highest Russian diplomat added. Egyptian Ambassador to Russia Nazih el Nagari, for his half, mentioned that Cairo appreciated Russia’s help in Egypt’s accession to BRICS. On this regard, the Egyptian diplomat additionally expressed hope that Cairo would contribute considerably to BRICS and that membership within the bloc would deliver it financial advantages. Egypt and Russia have historic ties, and Cairo understands Moscow’s stance, he added. The leaders of BRICS, which incorporates Brazil, Russia, India, China and South Africa, agreed at a summit in August to ship official invites to the six candidate nations, together with Egypt, that are set to formally be a part of the bloc on January 1, 2024.
https://sputnikglobe.com/20230824/how-brics-summit-2023-spelled-end-to-western-centric-world-order-1112861182.html
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MOSCOW (Sputnik) – Russia and Egypt are actively ramping up their commerce and financial relations and creating joint initiatives in numerous areas, Russian Overseas Minister Sergey Lavrov acknowledged on Monday.
“We see additional makes an attempt to legitimize the dominance of a small group of nations on the worldwide stage, however, similar to years earlier than, the states which have self-respect and worth their very own historical past and traditions are standing up for his or her proper to independently decide the trail of their improvement and select their buddies with none hints and prohibitions from exterior. It’s on such a foundation, on the idea of respect for one another’s nationwide pursuits, that we’re creating our strategic partnership with Egypt,” Lavrov pressured.
Egypt and Russia have historic ties, and Cairo understands Moscow’s stance, he added.
“We search regional and world stability in cooperation with Russia in addition to with different nations of the world,” Nazari emphasised.
