Russia ratifies strategic cooperation treaty with Egypt

Russian President Vladimir Putin has signed into law a bill ratifying a treaty on comprehensive partnership and strategic cooperation between Russia and Egypt.

The document passed by the State Duma on July 23, 2019 and approved by the Federation Council on July 26, 2019 has been posted on the official Internet database of legal information.

Putin and Egyptian President Abdel Fattah al-Sisi signed the treaty in Sochi on October 17, 2018.

Russian presidential aide Yury Ushakov said at the signature ceremony that the document is aimed at promoting the entire range of bilateral ties between the two countries.

The government’s review says that the treaty should further the development of mutually beneficial cooperation between Russia and Egypt in the trade-economic, investment, energy, scientific-technical, cultural, educational, sports and other areas of mutual interest.

An explanatory note to the treaty says that the contracting parties shall act based on historical traditions of friendship, mutual respect, and multifaceted cooperation between the peoples of the two countries and seek to further develop close dialogue and interaction at the international and regional levels in a bilateral and multilateral format.

The treaty stipulates that the parties shall coordinate steps and combine efforts to achieve joint decisions to overcome challenges and threats to regional and international peace and security.

The document also says that the parties shall promote trade, economy, military and military-technical cooperation, attach special significance to infrastructural projects in the energy (particularly nuclear energy), housing construction, transport, and communication technology sectors and the production of mineral resources, facilitate broader interaction in the tourism, science and education fields and intensify humanitarian and cultural ties.

Credit : http://www.interfax.com/newsinf.asp?id=918870

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