00:03 GMT +314 November 2018
Listen Live
    Russian President Vladimir Putin during a meeting with Egyptian President Abdel Fattah al-Sisi

    Russian, Egyptian Presidents Holding Press-Conference in Sochi

    © Sputnik / Aleksei Druzhinin
    World
    Get short URL
    2121

    Russian President Vladimir Putin and his Egyptian counterpart Abdel Fattah Sisi discussed Wednesday issues on the regional agenda as well as bilateral cooperation during a narrow format meeting.

    "We are very glad to welcome our friends in Russia and to exchange views on the development of bilateral ties as well as on regional issues today here, in Sochi," Putin said, opening the talks.

    Putin also commended the development of bilateral economic ties. In 2017, Russian-Egyptian trade grew by 62 percent, compared to 2016, while the first six months of this year saw a 28-percent increase in bilateral trade year-on-year, the president added.

    Growing trade is the result of the diversification of bilateral links, as now the two states cooperate in such areas as agriculture, manufacturing and machine building, the president said.

    READ MORE: Egypt's Sisi Calls for Int'l Probe Into Alleged Use of Chemical Weapons in Syria

    The two states jointly implement large-scale projects, such as building a nuclear power plant and an industrial park in Egypt, and have productive partnership formats, Putin added, emphasizing, in particular, cooperation between the defense and foreign affairs ministries.

    Follow Sputnik Live Feed to Find Out More

    Related:

    Russia to Launch Egyptian Remote Sensing Satellite on December 27 - Source
    Construction of Russian Industrial Zone in Egypt Underway - Lavrov
    Transport Minister: Russia to Consider Extra Checks for Egypt Airports in Summer
    Up to 50,000 Egyptian Tourists Expected to Visit Russia During FIFA 2018 – Cairo
    Tags:
    Abdel Fattah al-Sisi, Vladimir Putin, Russia, Egypt, Sochi
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik