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Last update - 13:27 25/03/2008
Russia-Egypt talks to focus on energy and Mideast peace
By Reuters
Tags: russia, egypt, palestinians 

The Middle East peace process and nuclear energy cooperation will top the agenda on Tuesday at talks between Egyptian President Hosni Mubarak and Russian leaders in Moscow.

The Israeli-Palestinian conflict will also form a significant part of the talks, with Moscow pushing plans to host a Middle East peace conference. Israel has said it opposes this plan.

"Russia and Egypt are making joint efforts to contribute to progress at Israeli-Palestinian talks," a Kremlin official said.
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"A special need for an exchange of opinions on the issue is becoming more acute given a complicated regional situation which needs united and pro-active efforts to be improved," he added

Mubarak and Russian President Vladimir Putin were to meet and sign a deal clearing the way for Russia to compete for lucrative contracts to build nuclear power plants in Egypt, Kremlin sources said.

Mubarak is also expected to hold talks with president-elect Dmitry Medvedev, Putin's ally who will take over the Kremlin top job on May 7, and Prime Minister Viktor Zubkov.

The Kremlin is lobbying hard for contracts to build nuclear power plants abroad because it sees the industry as the type of high-technology sector Russia needs to develop to reduce its dependence on oil and gas exports.

Russia is already building nuclear reactors worth $1.5 billion to $2 billion apiece in Iran, China and India. Egypt plans up to four nuclear power stations and an international tender to build the first may come as early as this year.

The London-based International Institute of Strategic Studies said the 1,000-megawatt reactor could be built at Dabaa on the Mediterranean within 10 years.

"The signing of an agreement on the peaceful use of atomic energy will be an important step during Hosni Mubarak's visit, said the Kremlin source.

Oil and gas development are likely to feature on the agenda for talks. Private Russian firms LUKOIL and Novatek are seeking to develop oil and gas fields in Egypt.

On the Middle East peace process, Russia is likely to seek Mubarak's support for its plan to host a summit in Moscow to include all the players in the region. Russian Foreign Minister Sergei Lavrov toured the Middle East last week promoting the summit idea.

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  • Israel says it opposes Russian plans for Moscow peace summit
  • Report: Russia to provide Egypt with nuclear expertise
  • Egypt: Israeli political crisis delaying moves on Arab peace plan
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