Egypt and Russia are set to sign contracts for a 5.23mn sqm Russian Industrial Zone on Wednesday, 23 May, during a joint committee meeting, according to a statement issued Friday by the Russian Trade Ministry. Egyptian Foreign Minister Sameh Shoukry hinted at the possibility in an announcement last week. Work on the RIZ, for which talks started in 2014, is set to start this year and will span 13 years.
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