Russia, Egypt to sign nuclear energy deal: ReportMarch 19th, 2008 - 10:35 pm ICT by admin
Cairo, March 19 (RIA Novosti) Russia and Egypt are due to sign an agreement on cooperation in the nuclear energy sector in the near future, an Egyptian daily said Wednesday, citing a source in the electricity and energy ministry. “An agreement on nuclear energy cooperation has been drafted and will be signed soon,” al-Masry al-Youm newspaper quoted the source as saying.
The document will lay the foundation for nuclear energy cooperation between Egypt and Russia and will strengthen relations between Russian companies and their Egyptian counterpart, the source said.
However, the agreement will not automatically mean that Russian companies will be building nuclear power plants in Egypt, the daily said.
“Companies will be selected at an international tender to be announced by the Egyptian government at the end of the year,” the source said.
An expert in Russian affairs, Nabil Rashwan said that the agreement would allow Moscow to build nuclear power plants in Egypt, train Egyptian personnel and supply nuclear fuel, adding that cooperation with Russia was more advantageous than with the US that imposed tough restrictions, including regular inspections and control.
According to Rashwan, the US is pressurizing Egypt to place its nuclear programme under US control to ensure the security of Israel.