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Egyptian-Russian economic committee to convene in Moscow in mid May

The Egyptian-Russian economic committee will convene in Moscow in mid May to sign a number cooperation agreements and protocols, particularly in the fields of industry, agriculture and customs.

Qabil made the remarks during a meeting in Cairo on Saturday with a high-level Russian delegation under Yevgeny Kuivashev, the Russian Sverdlovsk region governor.

The talks tackled Russia's  preparations for hosting the Ekaterinburg's World Expo 2025. 

Qabil said that the establishment of a Russian industrial zone in Egypt will figure high during the committee meetings. 

Trade ties between the two countries have witnessed a fillip, he said, noting that the volume of trade exchange between the two sides almost doubled to hit $1.3 billion in the first quarter of 2018 against $862 million in 2017. 

Meanwhile, Russian Deputy Minister of Industry and Trade Georgy Kalamanov, who was part of the visiting delegation, highlighted the depth of the historic ties binding Egypt and Russia.

He invited Qabil to attend the World Manufacturing Forum which Russia hosts in 2019.

For his part, Kuivashev, the Russian Sverdlovsk region governor, said Russia is exerting great efforts to gear up for hosting Expo 2025.

He noted that there are three countries vying to host World Expo 2025; Japan (in Osaka), Russia (in Ekaterinburg), and Azerbaijan (in Baku).

World Expos, known officially as International Registered Exhibitions, are organized every five years. Their themes are designed to raise awareness of and find responses to universal challenges of our time. The next World Expo will take place in Dubai (UAE) between October 20,  2020 and April 10, 2021 under the theme “Connecting Minds, Creating the Future”.

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