بوابة الفجر
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Egyptian Minister of Local Development and Environment Manal Awad and Russian Minister of Economic Development Maxim Reshetnikov discussed expanding cooperation on climate adaptation, carbon markets and low-emissions development on the sidelines of COP31 in Antalya. Reshetnikov said the two countries are coordinating to support environmental and climate initiatives within BRICS and to counter unilateral trade measures, particularly the EU’s Carbon Border Adjustment Mechanism, which could increase costs for exports, including fertilizers. The Russian side expressed interest in signing a new memorandum of understanding covering carbon footprints and climate adaptation in agriculture. The signing process is to begin once the necessary approvals have been obtained.
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