Egyptian logistical center to be set up in Russia: Official

CAIRO - 12 December 2017: Head of the Egyptian side to the Russian-Egyptian Business Council Alaa Ezz said that a feasibility study has been compiled on setting up an Egyptian logistical center in Russia within two months as of now.

In a Tuesday statement to MENA, he added that the study will set the investment cost of the center and its space along with its location.

It was not decided whether it will be set up in Moscow or in a border area, he pointed out.

The study was compiled by the Egyptian side to the council, the Federation of Egyptian Chambers of Commerce and the Arab-Russian Chamber, he added.

He noted that the center is meant to provide Egyptian products on the Russian market.