Belarus invest in the USD 7 bn Russian Industrial Zone (RIZ), MENA quoted Belarusian Ambassador to Egypt Sergei Rachkov as saying, according to Belarus News. Rachkov said that his country is “considering the possibilities,” but did not offer further details. Russia had called on UAE businessmen earlier this month to cooperate in building the RIZ. The House of Representatives signed off earlier this month on the contracts with Russia to establish the zone in Egypt’s Suez Canal Economic Zone.

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