Egypt-Russia partnership deal takes bilateral ties to new heights
Egypt and Russia's recently signed cooperation agreement is expected to restore political and economic relations between the two countries and build on longstanding ties.
An agreement on comprehensive partnership and strategic cooperation signed between Egypt and Russia on Oct. 17 is expected to upgrade Egypt’s political and economic relations to an unprecedented level, political analysts and economists said this week.
The partnership deal was signed by Egyptian President Abdel Fattah al-Sisi and Russian President Vladimir Putin during the former’s visit to Russia. At a joint press conference with the Russian leader, Sisi said that the strategic partnership agreement “ushers long-standing relations into a new chapter.” Putin said that the deal sets goals that will “deepen Russian-Egyptian ties in different areas.”
