Egypt grants ‘unique’ terms to Russian companies

Cătălin Roșioru

Agreement guarantees customs and tax regime for 49 years, Russian official has said Russian companies will receive major tax and customs incentives to operate in Egypt’s Russian Industrial Zone (RIZ) under a new long-term deal, Roman Chekushov, Russia’s deputy minister of industry and trade, told the media. The announcement followed a recent high-level delegation visit to Egypt, led by Russian Deputy Prime Minister Alexei Overchuk, who met with Egyptian Prime Minister Mostafa Madbouly, Foreign

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