Police refrains from calling Newcastle incident a terrorist attackWorld June 25, 13:14
Putin offers condolences to Pakistan’s president over fire victimsRussian Politics & Diplomacy June 25, 12:39
Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
MOSCOW, May 30. /TASS/. Russia expects to sign an intergovernmental agreement governing establishment of a Russian industrial zone in Egypt by this fall, Minister of Industry and Trade Denis Manturov told reporters on Tuesday.
"I spoke yesterday with [Egypt’s Minister of Trade and Industry] Tarek Kabil. He believes it is fundamentally important to finalize all regulatory acts at the completion stage in Egypt now," Manturov said.
This will provide "substantive" content for Egyptian minister’s visit to Russia with already prepared draft intergovernmental agreement, the Russian minister said. "We have almost agreed upon it," Manturov added.
The visit of the Egypt’s minister to Russia is planned within the coming month. The parties will then be able to finalize the document. "The process is rather bureaucratic but I hope finalizing and signing will be before fall," Manturov said.
The memorandum on establishment of the Russian industrial zone was signed last February. The project provides for a special area with a preferential taxation regime for Russian resident companies. The zone specialization stipulates localization of Russian industrial companies from machine-building, pharmacy, modern technologies and agriculture spheres.