By

21st Century Wire says…

The West has been floundering trying to ‘isolate’ the Russians, but their dealings with other developing countries just keep growing.

President Putin of Russia and President Sisi of Egypt seal the deal.



A number of deals have been announced today including Egypt joining the Russian-led Eurasian Free Trade Zone. The most important however is the commitment of Russia to help Egypt develop an entirely new and modern nuclear industry within the nation.

As the Anglo-American led IMF continues to destabilise nations the world over with austerity-laden ‘Structural Adjustment‘ programs, Russia and other leading developing nations recognise the need for modern infrastructure development as the key to economic growth.

Follow us here: http://twitter.com/21WIRE

Russia to help Egypt build ‘a whole new nuclear power industry’ – Putin

.

RT News

Russia will contribute to building “a whole new nuclear power industry” in Egypt, President Vladimir Putin has announced as the two countries have signed a number of agreements after a meeting in Cairo.

The leaders of Russia and Egypt have signed “a memorandum of understanding to build the first nuclear plant in [the northern city of] El-Dabaa,” Egyptian President Abdel Fatah al Sisi has told reporters at a news conference at Cairo’s Al Qubba presidential palace.

Russia would contribute not only to the construction of a nuclear power plant, but also staff and scientific research, President Putin said.

“We discussed today the possibility of cooperation in nuclear power engineering,” Putin said. “If final decisions are made, they will relate not only to the construction of a nuclear power plant but also to the creation of a whole new nuclear power industry in Egypt.”

Continue reading the full story on RT

READ MORE ON RUSSIA HERE: 21st Century Wire Russia Files