Tuesday 19 June 2018  7:07 PM  -  AM 55°F  - PM 59°F    5-Day Forecast   







Hello Egy
Russia to boost trade with Egypt after Western food ban


SOCHI, Russia,   (Reuters).
Russia will increase exports of wheat to Egypt and imports of other agriculture products from it, Russian officials said on Tuesday as the two countries discussed the potential for free trade.
The move comes as Russia seeks new sources of supply after it banned most food imports from the United States, the European Union, Australia, Canada and Norway last week in retaliation for Western sanctions over the crisis in Ukraine.
"Egypt has already increased (agricultural) supplies to our market by 30 percent (and) is ready to increase (supplies) by yet another 30 percent in the near future," Russian President Vladimir Putin said after meeting with Egyptian President Abdel Fattah al-Sisi.
Increased Egyptian shipments of products such as potato, onion, garlic and oranges will compensate for up to half of the shortfall of these products caused by the ban, Russian Agriculture Minister Nikolai Fyodorov told reporters in Sochi.
Egypt is the world's biggest wheat importer and the largest buyer of Russian wheat. The North African country bought 3.6 million tonnes of Russian wheat in the marketing year to end-June.
"Our partners were interested in opportunities for this year's export," Putin told reporters. "For Egypt it will be at least 5-5.5 million tonnes."
Putin did not say who would supply the additional volumes. Russian grain exports are dominated by foreign and local non-government trading firms.
Putin and al-Sisi discussed on Tuesday the creation of a free trade zone between Egypt and the Moscow-led Customs Union of Russia, Belarus and Kazakhstan, Putin said.
They also discussed the possibility of setting up an Egyptian transport logistics hub on the Russian Black Sea coast and the creation of a Russian industrial hub in Egypt as part of its Suez canal development project.
Russia last year imported $17.2 billion worth of food from the countries covered by the sanctions, of which $9.2 billion was in the affected categories, according to the International Trade Centre, a joint venture of the United Nations and World Trade Organization.

By: manager Date Added: 2014-08-14 Comment: 0 Views :2078

  Related Links
US criticises Egypt's lack of leadership
After the Emergency Stat of France : Where are the …. So called Human Rights callres
One dead, dozens hurt as police clash with Egypt protesters
Egypt, Saudis seek united front against militant Islam
Police Brutality, Catalyst for Egypt’s Revolution, Continues Under Morsi

Name :
Email :
Comment :


Egypt to issue certificates to finance Suez Canal on Monday
Egypt to issue certificates to finance Suez Canal on Monday
The “Beard Girl” wins The Eurovision
The “Beard Girl” wins The Eurovision
Egypt: Detained Al Jazeera journalists and others face criminal trial
 Egypt: Detained Al Jazeera journalists and others face criminal trial
Yemeni Nobel Peace Prize winner barred from entering Egypt
  Yemeni Nobel Peace Prize winner barred from entering Egypt
Egypt condemns Iranian "interference" after army ousts Mursi
 Egypt condemns Iranian  interference  after army ousts Mursi
Egypt orders arrest of Brotherhood leaders
Egypt orders arrest of Brotherhood leaders
How to oust a president, Egyptian-style: Part Two
 How to oust a president, Egyptian-style: Part Two
Four Egyptian Shi'ites killed in attack by Sunni Muslims
 Four Egyptian Shi'ites killed in attack by Sunni Muslims
Egypt parliament ruled illegal, but to stay on
Egypt parliament ruled illegal, but to stay on
Ethiopia diverts Nile for huge $4.7 bln hydro dam
 Ethiopia diverts Nile for huge $4.7 bln hydro dam
Militants release seven Egyptians kidnapped in Sinai
Militants release seven Egyptians kidnapped in Sinai
Egypt's army blocks roads in Sinai in hunt for kidnappers
 Egypt's army blocks roads in Sinai in hunt for kidnappers
Protesting Egyptian police block Israel border crossing
 Protesting Egyptian police block Israel border crossing
Gunmen storm Egyptian security post in lawless Sinai Peninsula
Gunmen storm Egyptian security post in lawless Sinai Peninsula
Gunmen kill alcohol seller in Egypt's Sinai
 Gunmen kill alcohol seller in Egypt's Sinai
Egypt condemns Israeli attack on Syria
 Egypt condemns Israeli attack on Syria

  Most Read
Story harem Al- Sultan from top to prevention
Story harem Al- Sultan from top to prevention
An interview with Mohamed ElBaradei, who hopes for reconciliation in Egypt
An interview with Mohamed ElBaradei, who hopes for reconciliation in Egypt
Gaddafi… Secret Room to Check Girls before Raping
Gaddafi… Secret Room to Check Girls before Raping
Brave English bulldog Hugo adopts a Bengal tiger, a white lion and ALL thei
Brave English bulldog Hugo adopts a Bengal tiger, a white lion and ALL their tiger cubs in experiment by South Africa vet
Egypt tourist arrivals rise, not back to pre-revolt levels
 Egypt tourist arrivals rise, not back to pre-revolt levels
Four Egyptian Shi'ites killed in attack by Sunni Muslims
 Four Egyptian Shi'ites killed in attack by Sunni Muslims
Millions flood Egypt's streets to demand Mursi quit
Millions flood Egypt's streets to demand Mursi quit
Immigration bill backers thwart conservative amendments
Immigration bill backers thwart conservative amendments
Malala: 'I'm feeling better' after skull surgery
Malala: 'I'm feeling better' after skull surgery
Egypt militants planned to hit US and French embassies -MENA
 Egypt militants planned to hit US and French embassies -MENA
How to get the best deals on Cyber Monday
How to get the best deals on Cyber Monday
Turkey rules out early polls, thousands defy call to end protest
 Turkey rules out early polls, thousands defy call to end protest
Angelina Jolie stunt double sues News Corp over hacking
Angelina Jolie stunt double sues News Corp over hacking
Samantha Cameron Wears A Red Wig And Bakes Cakes For Comic Relief
Samantha Cameron Wears A Red Wig And Bakes Cakes For Comic Relief
'No Nile, no Egypt', Cairo warns over Ethiopia dam
 'No Nile, no Egypt', Cairo warns over Ethiopia dam
Google's long-awaited 'smart' glasses will go on sale THIS year for $1,500
Google's long-awaited 'smart' glasses will go on sale THIS year for $1,500

American, Italian hostages inadvertently killed in U.S. operation- Obama
 American, Italian hostages inadvertently killed in U.S. operation- Obama
Egyptian government faces blame in mob sectarian killing
 Egyptian government faces blame in mob sectarian killing
Egypt suspends tourist flights with Iran until June amid outcry by Sunni M
Egypt suspends tourist flights with Iran until June amid outcry by  Sunni Muslims
First commercial flight between Egypt and Iran for 34 years
First commercial flight between Egypt and Iran for 34 years
Shiv Sena knives: At the sharp end of Indian politics
Shiv Sena knives: At the sharp end of Indian politics
Cradle of Arab Spring goes up in flames as protesters fire-bomb Egyptian pr
Cradle of Arab Spring goes up in flames as protesters fire-bomb Egyptian presidential palace and youths torch cars at funeral of Tunisian leader
Malala: 'I'm feeling better' after skull surgery
Malala: 'I'm feeling better' after skull surgery
Egypt Army said to defy Morsi on use of live fire
Egypt Army said to defy Morsi on use of live fire
Third time lucky: Kate Winslet marries Ned Rocknroll in secret ceremony in
Third time lucky: Kate Winslet marries Ned Rocknroll in secret ceremony in New York and Leonardo DiCaprio gives her away
Fears of further violence in Egypt after opposition claims widespread fraud
Fears of further violence in Egypt after opposition claims widespread fraud in referendum that approved Islamist-backed constitution
'My daughters think Gangnam Style is cheesy': How the President does infamo
'My daughters think Gangnam Style is cheesy': How the President does infamous dance around the White House JUST to embarrass daughters Malia and Sasha
The future's bright for Victoria Beckham as she switches things up in a sty
The future's bright for Victoria Beckham as she switches things up in a stylish orange skirt suit for fashion talk
Cracks show in Republican unity on tax rates
Cracks show in Republican unity on tax rates
How exercise can help you get pregnant - and is especially important for I
 How exercise can help you get pregnant - and is especially important for IVF

A message of peace and compassion at Prophet Mohammad’s birth
 A message of peace and compassion at Prophet Mohammad’s birth
Egypt The Arabism ... Iraq The Ajam
 Egypt The Arabism ... Iraq The Ajam
Egypt charts a path toward growth and fiscal discipline
Egypt charts a path toward growth and fiscal discipline
The Autumn of the Islamist Preacher
The Autumn of the Islamist Preacher
Morsi trial: If a court can exemplify the divisions of a nation, this
Morsi trial: If a court can exemplify the divisions of a nation, this one did for Egypt
A Plea for Caution From Russia
A Plea for Caution From Russia
Egypt’s Three Revolutions
Egypt’s Three Revolutions
Egypt's repeat search for democracy
Egypt's repeat search for democracy
Turkey can't afford to spurn democracy
Turkey can't afford to spurn democracy
Empowered women make nations strong
Empowered women make nations strong
What Angelina Jolie forgot to mention
What Angelina Jolie forgot to mention
My Take: Don't lump evildoers with Muslims
My Take: Don't lump evildoers with Muslims
Negotiating change in the Islamic religious establishment
Negotiating change in the Islamic religious establishment
How We’ve Wasted Our Timeout
How We’ve Wasted Our Timeout


Egypt Exposes BBC “British Prostitution Corporation”
Egypt Exposes BBC “British Prostitution Corporation”
Medical Operational Status to Save the Fattest Kid in the World
Medical Operational Status to Save the Fattest Kid in the World
The prison sentence for the man who holed condom to force his girlfrie
The prison sentence for the man who holed condom to force his girlfriend to be pregnant
Sex .. Robbery .. Drugs .. The Most Famous Stars’ Lies
Sex .. Robbery .. Drugs .. The Most Famous Stars’ Lies
Signed Muhammad Ali rarities to hit U.S. auction block
 Signed Muhammad Ali rarities to hit U.S. auction block
Brave English bulldog Hugo adopts a Bengal tiger, a white lion and ALL
Brave English bulldog Hugo adopts a Bengal tiger, a white lion and ALL their tiger cubs in experiment by South Africa vet
Daredevil Saudi Arabian craze of 'sidewalk skiing' brings new meaning
Daredevil Saudi Arabian craze of 'sidewalk skiing' brings new meaning to the term 'off-road' as drivers flip car onto just two wheels as passengers cling on outside
The real-life 'Popeye' who has the world's biggest biceps... but is al
The real-life 'Popeye' who has the world's biggest biceps... but is allergic to spinach
Egypt's prosecutor general orders arrest of well-known satirist
Egypt's prosecutor general orders arrest of well-known satirist
The tunnel of love: Egyptian bride smuggled into Gaza via undergound p
The tunnel of love: Egyptian bride smuggled into Gaza via undergound passageway to marry her Palestinian groom
Child bridegroom: Eight-year-old boy marries 61-year-old woman after '
Child bridegroom: Eight-year-old boy marries 61-year-old woman after 'dead ancestors told him to tie the knot'
Case of N.Y. cop accused of cannibalism plot goes to jury
Case of N.Y. cop accused of cannibalism plot goes to jury
China imprisons four men for 'ghost marriage' corpse bride trafficking
China imprisons four men for 'ghost marriage' corpse bride trafficking
A loud crash, then nothing: Sinkhole swallows Florida man
A loud crash, then nothing: Sinkhole swallows Florida man

Syrian refugees top 3 million, half of all Syrians displaced - UN
Syrian refugees top 3 million, half of all Syrians displaced - UN
Chemical weapons watchdog wins Nobel Peace Prize for Syrian mission
Chemical weapons watchdog wins Nobel Peace Prize for Syrian mission
Events in Egypt may influence, won't define Syria war
Events in Egypt may influence, won't define Syria war
Syria says rebels would take years to match army's strength
Syria says rebels would take years to match army's strength
Syria's Islamists seize control as moderates dither
Syria's Islamists seize control as moderates dither
Syrian rebels launch attack to block northern highway
 Syrian rebels launch attack to block northern highway
Syrian jets strike, rebels await U.S. weapons
 Syrian jets strike, rebels await U.S. weapons
If U.S. does not arm Syria's rebels, Arabs, Europeans may
 If U.S. does not arm Syria's rebels, Arabs, Europeans may
France says Syrian war at "turning point", mulls arming rebels
 France says Syrian war at  turning point , mulls arming rebels
Syrian forces capture final rebel stronghold in Qusair region
Syrian forces capture final rebel stronghold in Qusair region
Syrian army captures strategic border town of Qusair
 Syrian army captures strategic border town of Qusair
No safe way out as Syrian forces grind down besieged Qusair
 No safe way out as Syrian forces grind down besieged Qusair
Red Cross still pushing for access to besieged Qusair in Syria
 Red Cross still pushing for access to besieged Qusair in Syria
Russian fighter jets headed to Syria, which asks for more
 Russian fighter jets headed to Syria, which asks for more

Meet the Man Who Sold a Month-Old App to Dropbox for $100M
Thought Experiment: Build a Supercomputer Replica of the Human Brain
The Rise of the Term \'Glasshole,\' Explained by Linguists
Forks Up! What It\'s Like To Dine At Disneyland\'s Super-Exclusive Restaurant
CityScan: the dystopian technology that could make breaking the law impossible
Real-life Houses That Look Like They Belong in the Shire
Heeeelp! Nigerian model has her own Naomi Campbell moment as she goes flying on catwalk
Victims in Boston Face a Difficult Path to Recovery
In Search of Terroir, His Ear to the Ground
Living With Cancer: Living Without Hair
One photographer\'s journey inside Iran
The Most Dangerous Countries for Tourists, in Maps
How the Chess Set Got Its Look and Feel
Why silly speculation about the 2016 presidential race can do some real good.
The Nocebo Effect: How We Worry Ourselves Sick
The 25 Best-Paying Companies For Software Engineers
The Secret World of \'Garbagemen\'
So Today I Learned that France built a Replica of Paris in WWI

  Find us on Facebook

  Find us on twitter

Scroll through for the most amazing stories from around the globe
Nancy Comes Back to Zero
“The Watermelon Queen”
Terrifying adventure of
bing the tallest buildin
Our little pony! Miniatu
orse Mr P lives in house
Police visited Kidnapper
house in 2004
NRA seeks to highlight
armed women
Chechnya country fear
Britney Spears jets out
New Orleans in Daisy
inmate stashes phone in
tum
Commuters leave their t
ers at home
Doctors treating patient
at addiction
More men fatter lose hal
ight
The tallest girl : my Bo
end like my son
top site