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21 October 2022, 13:57

Companies from Eurasian Economic Union to get access to Russia's Industrial Zone in Egypt

Roman Golovchenko
Roman Golovchenko

MOSCOW, 21 October (BelTA) – Companies from the Eurasian Economic Union (EAEU) member states will get access to the Russian Industrial Zone in Egypt on equal terms with Russian businesses. This includes the access to infrastructure and other terms of operation, BelTA learned from the Eurasian Economic Commission (EEC) following the session of the Eurasian Intergovernmental Council that was held in Yerevan, Armenia, on 20-21 October. Taking part in the session was Belarus' Prime Minister Roman Golovchenko, BelTA has learned.

“The authorized bodies of the Russian Federation together with the Eurasian Economic Commission will hold a presentation for government agencies and companies from the EAEU countries to inform them about the terms of doing business on the territory of the industrial zone. The corresponding order was adopted by the Eurasian Intergovernmental Council in Yerevan,” the EEC noted.

According to Member of the Board (Minister) for Trade of the Eurasian Economic Commission Andrey Slepnev, the access for the EAEU companies to the industrial zone in Egypt will help the EAEU member states to increase their presence in Egypt and also entire Africa as products from the industrial zone can be delivered there duty-free.

“In addition, this will give a boost to cooperation between companies of the EAEU, which will also help address priority tasks facing the Eurasian Economic Union,” Andrey Slepnev added.

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