International Buyers Flock to "Cairo Fashion & Tex" to Secure Egyptian Export Deals    AECSD, AMEDA conclude landmark summit, highlighting global CSD innovations    Egypt's Ras El-Hekma Megaproject: Modon Holding Secures Key Partners for    Cairo Fashion & Tex Exhibition Opens with 550 Exhibitors    Russia's private sector activity contracts in September '24    Egypt's CBE auctions EGP 10b fixed coupon T-bonds    US to award $100m to advance AI in semiconductor manufacturing    8 Israeli soldiers killed in Hezbollah ambushes in Lebanon    Rapid regional developments impact economy: Prime Minister    Egypt's Environment Minister reviews updates of 'Safe Haven' project in Fayoum    WhatsApp Introduces Filters and Backgrounds for Video Calls    Cairo Urban Week Kicks Off October 27: A Celebration of Sustainability, Art, and Urban Development    Egypt's Environment Minister addresses local, regional sustainable energy challenges    Egypt, France discuss boosting cooperation in health sector    Korea Culture Week wraps up at Cairo Opera House    Spain's La Brindadora Roja, Fanika dance troupes participate in She Arts Festival    Colombia unveils $40b investment plan for climate transition    EU pledges €260m to Gavi, boosts global vaccination efforts    China, S. Korea urge closer ties amid global turmoil    ABK-Egypt staff volunteer in medical convoys for children in Al-Beheira    Egypt's Endowments Ministry allocates EGP50m in interest-free loans    Kabaddi: Ancient Indian sport gaining popularity in Egypt    Ecuador's drought forces further power cuts    Al-Sisi orders sports system overhaul after Paris Olympics    Basketball Africa League Future Pros returns for 2nd season    Egypt joins Africa's FEDA    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Egypt's FM, Kenya's PM discuss strengthening bilateral ties, shared interests    Paris Olympics opening draws record viewers    Former Egyptian Intelligence Chief El-Tohamy Dies at 77    Who leads the economic portfolios in Egypt's new Cabinet?    Financial literacy becomes extremely important – EGX official    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    Egypt records 36 new deaths from Covid-19, highest since mid June    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt sells $3 bln US-dollar dominated eurobonds    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Russia-Egypt Trade Exchange Hits US$5.5 bln in 2014
Published in Amwal Al Ghad on 26 - 02 - 2015

The trade exchange volume between Egypt and Russia reached US$ 5.5 billion and it is expected to raise, Andrey Belyaninov Head of Federal Customs Service of Russia announced.
Belyaninov said raising the exchange between the two countries is currently considering throughout ratifying the national currency exchange. This was during a press conference held by Finance Ministry on Wednesday February26 to announce the cooperation protocol between the two countries' customs.
The Russian Customs head affirmed the Egyptian Russian customs agreement on raising the trade exchange through free zone system which is considered a better solution than the customs exemption.
Belyaninov added it is highly important to hold a joint meeting between the two countries banks' officials to set the rules for the local currency dealing. As well as the services provided to the Russian tourism in Egypt which exceeded 3 million tourists in 2014.


Clic here to read the story from its source.