OREANDA-NEWS. March 26, 2008.  The agreement has been signed as a result of the talks of the presidents of Russia and Egypt that took place in the framework of the current visit of President Hosni Mubarak to Russia.

The agreement was signed by Director General of Rosatom State Nuclear Energy Corporation Sergey Kiriyenko and Minister of Electricity and Energy of Egypt Hasan Younis.

Earlier the ambassador of Egypt to Russia Issat Al-Sayyed said that the agreement would benefit both countries as it would enhance the importance of Russian-Egyptian energy cooperation.

The agreement will allow Russia to take part in the tender for the construction of a nuclear power plant in Egypt.