Russia to establish industrial zone in Egypt, Putin and Sisi confirm
Plans also afoot to build Egypt's first nuclear power plant using Russian
expertise, the Russian leader says in a joint presser with president Sisi in
Moscow
Ahram Online , Wednesday 26 Aug 2015
http://english.ahram.org.eg/NewsContent/1/64/138925/Egypt/Politics-/Russia-to-establish-industrial-zone-in-Egypt,-Puti.aspx

Russia is still determined to establish an industrial zone, and lend Russian
expertise to build a nuclear power plant in Egypt, President Vladimir Putin
said in a joint press conference with President Abdel-Fattah El- in Moscow
on Wednesday.

"We discussed several economic topics related to bilateral trade such as
admitting [Egyptian] local currency in trade dealings within the Eurasian
Economic Union," Putin said.

Putin said the two leaders also discussed increasing wheat exports to Egypt,
which is the largest Russian wheat importer.

Egypt's president El-Sisi, who is on a three-day visit to Moscow, said both
countries "look forward to taking the first steps towards a Russian
industrial zone in the Suez Canal area," and expressed gratitude for the
level of Russian representation at the recent inauguration of the New Suez
Canal, which Prime Minister Dmitri Medvedev attended.

The Egyptian president also said the talks touched on the necessity of
finding a political solution to the crisis in Syria.

El-Sisi also spoke about bilateral cooperation in counter-terrorism and
military action.

El-Sisi is to meet with the deputy minister for economic affairs and a group
of Russian businessmen following his meeting with the Russian president.

Earlier on Wednesday President El-Sisi met King Abdullah II of Jordan, who
is currently visiting Moscow, where they discussed bilateral relations and
recent developments in the Middle East.