The meeting marked the latest in a series of high-level contacts aimed at deepening political, economic, and cultural ties between the two countries, which have seen steadily rising trade and investment flows.
Bilateral trade rose by more than 30 percent in 2024 to exceed $9 billion, according to Egyptian officials.
Abdelatty said Egypt is committed to accelerating the implementation of joint projects, adding that Cairo would provide “all necessary facilitation” to ensure their success.
He also welcomed the recent rebound in Russian tourism to Egypt, noting that it supports a vital sector while strengthening cultural and people-to-people ties.
The talks followed the signing earlier this year of a long-term usufruct agreement, which grants Russia the right to operate the RIZ.
This agreement is expected to attract manufacturing investment and create new job opportunities.
Overchuk, who held separate talks on Monday with Walid Gamal El-Din, Chairman of the General Authority of the SCZone, described the zone as a gateway to African and Global South markets.
Located in Ain Sokhna with direct port access, the zone offers Russian companies tax and customs incentives, as well as modern logistics infrastructure that links ports, roads, and railways.
Overchuk said the project had now completed regulatory procedures and was moving into the implementation phase, with preparatory and construction work set to begin.
The Russian official also cited decades of Russian–Egyptian cooperation, from building the Aswan High Dam in the 1960s to the current flagship El-Dabaa nuclear power plant, as the foundation for the new partnership.
He called for closer coordination between Russian and Egyptian authorities to attract investors and establish long-term supply chains.
Overchuk’s visit follows meetings with Prime Minister Mostafa Madbouly and other senior Egyptian officials on cooperation in energy, industry, civil aviation, and trade.
Egypt’s accession to the BRICS group in January 2024 has added further momentum to bilateral ties, giving both governments a broader framework to advance joint projects in energy, food security and infrastructure.
Short link: