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Nuclear power agreement between Russia and Egypt

Russian-BearCairo and Kremlin agree on building a nuclear power plant, DW, 10 Feb 15 

Officials from Egypt and Russia have signed agreements to boost economic and industrial ties during Putin’s visit to Cairo. The two countries plan to build a nuclear power station, Egypt’s President El-Sissi says. Russia’s president, Vladimir Putin, wrapped up his two-day visit with Egyptian counterpart Abdel-Fattah el-Sissi in Cairo on Tuesday, after both countries signed a memorandum of understanding to build Egypt’s first nuclear power plant together. The power plant is expected to be made with the latest technology and have four separate blocks providing 1200 megawatts of energy each, according to Sergey Kirienko, the director general of the Russian atomic energy corporation Rosatom.

President Putin stressed that “if definite decisions are made, it would not be simply about building a nuclear power plant, but about creating a whole new nuclear industry in Egypt.”

He also stressed that Moscow had only signed a memorandum of understanding on the construction, meaning that the deal had not yet been finalized…….http://www.dw.de/cairo-and-kremlin-agree-on-building-a-nuclear-power-plant/a-18248404

February 11, 2015 - Posted by | Egypt, marketing, Russia

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