Russia, Egypt Sign Strategic Cooperation Agreement

Putin and El-Sisi signed an agreement on comprehensive cooperation and strategic partnership following a summit in Sochi last week. The two presidents have also discussed regional issues, economic cooperation and the implementation of joint projects

President Putin and President El-Sisi during a signing ceremony following their meeting in Sochi (Photo: AP)

President Abdel-Fattah el-Sisi arrived in Moscow on October 15, 2018, for a three-day official visit. Ahead of flying to Sochi, El-Sisi met with Russian Prime Minister Dmitry Medvedev, where they discussed trade, investment, tourism and other issues of mutual concern.

In Sochi, El-Sisi and his Russian counterpart President Putin signed the agreement on comprehensive cooperation and strategic partnership.

The October 17, 2018 meeting between the two leaders marked their third official bilateral summit since the Egyptian president assumed office in 2014.

Putin’s aide, Yuri Ushakov, said that this document "will not only record the achieved level of cooperation and partnership, but will also set tasks of boosting an entire range of bilateral ties in the future."

Russian Prime Minister Dmitry Medvedev said the agreement "will mark a new stage in the development of Russian-Egyptian relations, which are friendly regardless of it."

The meeting was attended by Russian Foreign Minister Sergey Lavrov, First Deputy Prime Minister and Finance Minister Anton Siluanov, Presidential Aide Yuri Ushakov, Defense Minister Sergei Shoigu, and Industry and Trade Minister Denis Manturov. The Egyptian side was represented by Minister of Foreign Affairs Sameh Shoukry, Minister of Electricity and Renewable Energy Mohamed Shaker, Director of the Egyptian General Intelligence Service Abbas Kamel and Vice Minister of Finance Ahmed Kouchouk.

The summit witnessed the signing of a number of mutual cooperation agreements involving trade and industry as well as a discussion on the resumption of Russian flights to the Red Sea resorts of Hurghada and Sharm El-Sheikh. 

Summary

Russian President Vladimir Putin and President Abdel-Fattah el-Sisi signed a Comprehensive Partnership and Strategic Cooperation Agreement. The Sochi summit marked their third official bilateral meeting since the Egyptian president assumed office in 2014 and coincided with the 75th anniversary of relations being established between Egypt and the Soviet Union.

"The signing of the strategic partnership agreement marks a shift in relations between the two countries," el-Sisi said, noting that the signing of the agreement crowns the rapidly developing relations between the two countries, especially over the last four years. "This momentum has been crowned by the start of work on the Dabaa nuclear power plant in December 2017, with Russia providing funding and technical expertise,” the Egyptian president said.

The two presidents have also discussed regional issues, economic cooperation and the implementation of joint projects as well as ways to build on the two countries’ growing military cooperation. The Russian president highlighted the significance of the decades-long military cooperation between Egypt and Russia.

 

[Sources: TASS (1,2), Ahram Online (1,2)]

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