Egypt’s Trade Minister Says No Deal Reached For Russia Loan

By Yomna Yasser On Apr 19, 2013

Egypt’s Trade And Industry Minister, Hatem Saleh, said on Friday that no agreement has been reached on a Russian loan to Egypt.

Speaking after a meeting between Egyptian President Mohamed Morsi and Russian President Vladimir Putin, Saleh said “today we have reached no conclusion on that loan.”

A Moscow-based source said previously that Egypt planned to discuss a possible $2 billion loan.

Reuters