26 Jul 2019 17:34

Federation Council ratifies Russian-Egyptian treaty on partnership, strategic cooperation

MOSCOW. July 26 (Interfax) - The Federation Council has ratified the Russian-Egyptian Treaty on Comprehensive Partnership and Strategic Cooperation.

The document was signed by Russian President Vladimir Putin and Egyptian President Abdel Fattah el-Sisi in Sochi on October 17, 2017.

When the document was signed, Putin's aide Yury Ushakov said the document envisages further increase bilateral relations.

The government said in its comments the treaty aims to promote the development of mutually profitable cooperation between Russia and Egypt in the trade-economic, investment, energy, technological, cultural, educational, sports and other spheres that present mutual interest.

According to the explanatory note, the parties proceed from the historical traditions of friendship, mutual respect and multi-facetted cooperation between the peoples of the two countries and they want to further develop close dialogue and interaction on the international and regional levels in the bilateral and multilateral formats.

The treaty provides that the parties coordinate actions and join their efforts to achieve joint solutions to deal with challenges and threats to regional and international peace and security.

It also provides that the parties support the development of cooperation in the trade, economic, military and military-technical areas, give special attention to infrastructure projects in the sphere of energy (especially those involving nuclear energy), housing construction, transport, communication tecnologies, mineral resources extraction, they promote further expansion of interaction in the sphere of tourism, science and education, and also intensification of humanitarian and cultural relations.