The project is aimed at expanding Russia’s trade with Egypt, and Africa as a whole
Russia is aiming to complete an industrial zone in Egypt, near the Suez Canal – one of the world’s busiest transport hubs – in the near future, President Vladimir Putin said on Thursday.
“I spoke with my colleague yesterday, with President [Abdel Fattah] al-Sisi… I expect that construction will begin there already this year, the first production facilities, and in the future, goods produced there will be exported throughout Africa,” Putin told a plenary session of the Russia-Africa Economic and Humanitarian Forum in St. Petersburg.
Putin stressed the importance of closer industrial cooperation between Moscow and African states. “Our industrial products, including cars, construction equipment, etc., are widely known on the continent and are in great demand. They are distinguished by good quality, reliability and ease of operation.”
The president noted that there are specialised service centers in Africa for servicing Russian equipment, and that “new tools are being developed lending to African purchases of our industrial products, their transportation to the continent and after-sales service.”
Plans for a Russian industrial zone in Egypt were approved in 2014. It will consist of two sites – one on the Red Sea coast, in the Ain Sokhna area, and the second at Port Said, at the northern end of the Suez Canal. The two sites will cover 525 hectares, and include transport and port infrastructure......more below
https://www.rt.com/business/580389-russian-industrial-zone-suez-canal-putin/
US Army Secretary Dan Driscoll is preparing to leave the Trump administration after what a new report has described as months of tension with Secretary of War Pete Hegseth, potentially triggering another change at the army’s top echelons.
According to the Friday report by The Wall Street Journal, Driscoll is expected to step down before the end of the year and could leave his post earlier. The newspaper cited people familiar with discussions over his departure.
The Journal reported that Driscoll and his family vacated the official residence assigned to the army secretary at Joint Base Myer-Henderson Hall this summer, a move that could indicate he was preparing to leave the position.
The reported departure would come at a time of continuing uncertainty at the top echelons of the army.
Hegseth abruptly removed Army Chief of Staff Gen. Randy George in April, while Trump has not yet nominated a permanent successo....more below
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The Islamic Revolution Guards Corps (IRGC) warns the enemies that any act of aggression against the Islamic Republic will not go unanswered.
In a statement on Thursday, the IRGC issued a “stern warning” to the enemies after US forces launched strikes against the southern Iranian port city of Bandar Abbas.
Following the US military attack on a point on the outskirts of Bandar Abbas Airport with aerial projectiles, the IRGC carried out new strikes targeting the US air base from which the attack originated in the wee hours of Thursday, it added.
“This response is a serious warning to the enemy that they should know the act of aggression will not go unanswered,” the IRGC emphasized.
The elite military force warned of a “more decisive” response if the enemy repeated any act of aggression.
It also said the responsibility for the consequences of any IRGC response lies with the aggressor.
The statement comes after the IRGC Navy on Thursday forced an American tanker to turn back. The tanker ...
