Port News & Information Mediterranean, Black & Caspian Seas

Russian Industrial Zone in Suez doomed by sanctions

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Suez, Egypt (Ports Europe) October 21, 2022 – The Russian Industrial Zone (RIZ) is a doomed project following western sanctions against Russia. Russia is unable to invest in the RIZ and Egypt is not enthusiastic to be seen as a partner of Russia. Construction was scheduled to begin before the end of 2022 in the new Suez…

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