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21.10.2022 (Обновлено: 28.10.2022 14:24)

EAEU countries’ business community enabled to take advantage of Russian Industrial Zone in Egypt

Companies from interested countries of the Eurasian Economic Union will have access to the Russian Industrial Zone in the Arab Republic of Egypt on equal terms with Russian business, including access to the created infrastructure and other working conditions.

The authorized bodies of the Russian Federation, with the participation of the Eurasian Economic Commission, will hold a presentation for the authorities and companies from the EAEU countries and inform about the implementation of activities on the territory of the industrial zone. The relevant disposition was adopted by the Eurasian Intergovernmental Council in Yerevan on October 21.

"The application of joint measures to develop exports is provided for by the EAEU Treaty. In addition, the Strategy until 2025 stipulates the expansion of the joint use of foreign export infrastructure," said the EEC Minister for Trade Andrey Slepnev.

According to him, the participation of the Union's companies in the activities of the industrial zone in Egypt will contribute to the expansion of markets for the EAEU products. Moreover, we mean not only the territory of the Arab Republic of Egypt, but also the entire African region, where products from the industrial zone can be delivered duty-free.

"In addition, cooperation between the enterprises of the Union will be developed, which will also contribute to the solution of priority tasks within the framework of the Eurasian Economic Union," Andrey Slepnev added.