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US 'does not believe' Egypt and Russia will end dollar usage - Daily News Egypt

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US ‘does not believe’ Egypt and Russia will end dollar usage

State Department spokesperson Jen Psaki says US supports nuclear power programme under Nuclear Nonproliferation Treaty


US State Department Spokesperson Jen  Psaki said that she does not believe that the Egyptian government would share the statement if asked during Tuesday's Daily Press Briefing
US State Department Spokesperson Jen Psaki said that she does not believe that the Egyptian government would share the statement if asked during Tuesday’s Daily Press Briefing

US State Department spokesperson Jen Psaki said she does not believe the use of US dollars between Egypt and Russia will end.

Psaki’s comments came despite Russian President Vladimir Putin declaring that the two countries might use their national currencies in the settlement of accounts in bilateral trade on Monday.

Psaki said that she does not believe that the Egyptian government would share the statement if asked during Tuesday’s Daily Press Briefing.

“We provide a great deal of security assistance to the Government of Egypt,” she added.

During his visit to Egypt on Tuesday, Putin announced the agreement between Egypt and Russia on cooperation to establish a nuclear power plant. The joint project includes the construction of a plant, personnel training and provision of equipment to generate electricity.

“We support peaceful nuclear power programmes as long as obligations under the Nuclear Nonproliferation Treaty to which Egypt is a signatory and obligations to the IAEA are fully met and the highest international standards regulating security, nonproliferation, export controls, and physical security are strictly followed,” Psaki said.

The US spokesperson added that it is her understanding the agreement has been under discussion for some time, yet she does not have additional details on its potential contents.

Putin had arrived to Egypt on Monday for a two-day visit. He announced the nuclear power programme during a press conference with Egyptian President Abdel Fattah Al-Sisi.

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  • Marian Phillips

    I urgently need to get in touch with anyone in the Technology section please.. Or in any section who can get me through.. Can you assist in this please? Thanks

  • twinkle

    The agreement between Russia and Egypt is none of the U.S’s business your opinion does NOT matter to us.
    Typical U.S. arrogance is that they have to force their opinion onto others and they mind everyone elses business except their own.

    The U.S. gov is suffering from sever superiority complex, they are arrogant, greedy and a bunch of warmongers. .

    The U.S. can’t accept defeat they can’t accept the fact that the world does not bow to their demands anymore.

    . Egyptians and as the matter of fact all arab countries will never ever forgive you for what you have done to our part of the world and you are also in the process of losing many alliances while we keeping gaining them. Superficially they may still be with you but in secret you managed to harbor a lot of animosity towards you.

    • sam enslow

      I can assure you that Americans could care less what happens to Egypt. Go with Russia, go with any one. We know Egyptians are never wrong, and all problems are caused by others. You even complain about how little money we give you. Please write to Sisi and express your feelings. I would also suggest you ask for the removal of those military advisers the US keeps in Egypt. Be happy.
      But if you thought of the question, you might ask how will changes in the value if the ruble and pound affect any contract. You could sign a contract for cheap rubles, the price if oil goes up, and you pay back expensive rubles.

      • enough is enough

        @Sam enslow
        You should know that Egypt would be very happy if they suspended the militairy aid to Egypt. Unfortunately the US will never suspend the militairy aid because then they will breach the Israel-Egypt peace treaty. The US would do anything as long as Israel is save. Egypt has had enough of us influence. As mentioned earlier, the US cant’t accept defeat. The whole world has had enough of the arrogance from the US.

  • chairde

    The Ruble is half of what it used to be. Russian economy is the size of Italy’s and Egypt is one of those Middle East countries with no oil. I suspect that the rest of the world doesn’t really care about these two declining countries.

https://dailynewsegypt.com/2015/02/11/us-believe-egypt-russia-will-end-dollar-usage/
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