Russia and Egypt have agreed on establishing a free trade zone and Russia’s industrial zone in the Suez Canal area, Egyptian President Abdel Fattah el-Sisi said on Tuesday after talks with his Russian counterpart Vladimir Putin.
According to the Egyptian leader, Russia and Egypt will go ahead with military-technological cooperation under the current circumstances.
The parties also agreed on developing energy and civilian nuclear power cooperation.
Russian President Vladimir Putin said a nuclear power deal signed by Russia and Egypt means establishing a new nuclear power industry in the North African country.
"We discussed today the possibility of cooperation in nuclear power engineering," Putin said, following the results of his visit to Egypt.
"If final decisions are made, they will relate not only to the construction of a nuclear power plant but also to the creation of a whole new nuclear power industry in Egypt," Putin said.