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Sisi, Putin agree to build nuclear power plant in Egypt

President Putin's visit to Egypt witnessed several agreements of cooperation among the two countries.
11.02.15 | Source: Business Standard

Egyptian President Abdel-Fattah al-Sisi and his visiting Russian counterpart Vladimir Putin agreed Tuesday to build a nuclear power station in Dabaa city in Egypt's coastal Matrouh province.

"I attended with President Putin the ceremony of signing a memorandum of understanding to establish a nuclear power station in Dabaa," Xinhua news agency quoted Sisi as saying in a joint press conference with Putin following their talks at a presidential palace in Cairo.

"The visit of President Putin adds to enhancing the Egyptian-Russian relations and takes them to wider horizons," Sisi continued, noting that the two presidents have agreed to establish an Egyptian-Russian free trade zone as well as a Russian industrial city near the Suez Canal corridor region.

"We also agreed to continue military cooperation between our two countries," Sisi added, appreciating Russia's support for Egypt and its "war against terrorism".

On his part, Putin said that he discussed with Sisi cooperation in various fields, including energy, assuring that establishment of a nuclear power station "will open new horizons for the Egyptian economy".

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