Egypt still mulling offers from Russia and other countries to set up first nuclear plant
Published 2015-08-27 14:09:40| Amwal Al Ghad English
Egypt said its negotiations with Russia to set up a power-generating nuclear plant on the Mediterranean coast are still ongoing, as Cairo is mulling offers from other states to establish the mega project. Cairo and Moscow signed a memorandum of understanding to jointly build Egypt's first nuclear power plant during Russian President Vladimir Putin's visit to Cairo in February. The Egyptian presidency said that negotiations on the specifics of the prospective deal are currently being debated. "Negotiations on the financial and technical aspects of the Russian offer are underway so Egypt can make the best choice to set up the plant with the best specifications in the shortest possible time," presidential spokesperson Alaa Youssef said on Wednesday, state news agency MENA reported. Youssef added that Egypt is also studying offers it has received from other countries and is comparing between them, saying that Cairo and Moscow have not yet agreed to sign a deal.
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