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MOSCOW, February 13. /ITAR-TASS/. The Russian-Egyptian intergovernmental commission on trade and economic cooperation will gather at the end of March 2014, Russia's Foreign Minister Sergei Lavrov said on Thursday.
“We agreed on further development of bilateral relations, including the convocation of the joint commission on trade and economic cooperation,” the Russian minister said.
“We also agreed to step up the preparation of documents, which would give an additional impetus to the development of military-technical cooperation,” he said.
Ahead of the 2+2 meeting Cairo-based newspaper “Al Masry Al Youm” reported that Russia and Egypt had signed a contract to supply weapons to Cairo at the amount of $2 billion. However, Russia has not confirmed such reports. Experts close to Russia's sole arms exporter Rosoboronexport say a contract may be signed on the results of the talks with Egypt.
According to director of the Center for Analysis of Strategies and Technologies Ruslan Pukhov, Egypt seeks to buy Russia’s air defense systems, including the Top-M2, Buk-M1 and Buk-M2, the Pantsir-S1 anti-air missile systems, the Khrizantema-S anti-tank vehicles and helicopters.