Egypt, Russia sign letter of Intent on reducing international roaming tariffs

Egypt's Minister of Communications and Information Technology (MCIT) Yasser El Kady and Russian Minister of Communications and Mass Media Nikolai Nikiforov on Tuesday witnessed the signing of a letter of Intent (LOI) to launch a round of negotiations discussing the possibility of reducing international roaming tariffs between the two countries.

In a statement, MCIT said that the two ministers met in Cairo to discuss ways to boost bilateral cooperation in the ICT areas.

The meeting also dealt with means to benefit from Russian investments and experiences in the field of electronics design and manufacturing within an initiative launched by President Abdel Fattah El Sisi during Cairo ICT 2015 to design and manufacture electronics, and in light of the current coordination between the two governments on establishing a Russian industrial park in East Port Said area, the statement added.

The two sides also explored opportunities to benefit from the advanced education and training system in Russia's technology field to train and qualify calibers from Egyptian universities, in the framework of the technological learning initiative launched by Sisi.

Nikiforov has toured the Smart Village and visited the headquarters of Smart Villages Company, the Center for Documentation of Cultural and Natural Heritage (CultNat) and the Information Technology Industry Development Agency (ITIDA), to get closely acquainted with the latest developments in Egypt's ICT sector.

The Russian minister is due to visit Wednesday the technology park in Maadi to learn about the Egyptian experience in the field of establishing and managing technological parks, as well as the latest technological support services provided by the companies to their customers around the world via exporting IT services.