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MOSCOW, August 15 (Itar-Tass) - The situation in Egypt can be described as a period of protracted turbulence and it is unlikely to stabilise any time soon, MP Andrei Klimov said.
Egypt has been going through a period of instability for more than two years and “this is a continuation of the situation that was created by the so-called Egyptian revolution,” Klimov, who is deputy chair of the Committee on International Relations in the Federation Council, the upper house of Russian parliament, told ITAR-TASS on Thursday, August 15.
“Egypt has not entered a period of stability so far and will probably won’t for a long time. This is why we can see such protracted turbulence and we cannot say today that anyone the world can say even approximately when this will end,” he said.
Klimov noted that the situation in Egypt is evolving by the law of the crowd when “politicians cannot control the process but have to join it.”
He believes this explains why Egypt’s Vice President Mohamed Elbaradei, “as an intelligent person who is quite experienced in international affairs, decided to step aside from these processes.”
Klimov said “instability will undoubtedly affect Egypt’s long-term relations with many countries, including Russia” and recalled that Russia had “serious economic relations with the Arab Republic of Egypt before the revolutionary events” there. “Now it’s clear that no major investment projects or long-term trade and loan agreements can be put on the agenda because no serious investor, including Russia, can play in the casino named ‘Arab Revolution’,” Klimov said.