Union Minister Piyush Goyal will visit Egypt starting 15 November to strengthen economic ties. He will co-chair the 7th Session of the India-Egypt Joint Trade Committee with Mohamed Farid Saleh. The visit aims to boost bilateral trade, industrial cooperation, and investment through various business forums and meetings with senior ministers.
Union Minister of Commerce and Industry Piyush Goyal will undertake an official visit to Egypt from 15 November to further strengthen the longstanding India-Egypt partnership, with particular emphasis on expanding bilateral trade, promoting investment, enhancing industrial cooperation and strengthening business-to-business engagement.
The visit will comprise the 7th Session of the India-Egypt Joint Trade Committee (JTC), the India-Egypt Joint Business Council (JBC) meeting and the India-Egypt Business Forum.
The programme will also include bilateral meetings with senior Egyptian ministers, interactions with leading business representatives and meetings with the African Export-Import Bank (Afreximbank), the Egyptian Junior Businessmen Association and the Egypt-India Startups Forum.
These engagements are expected to provide fresh impetus to bilateral trade, investment, industrial cooperation and innovation linkages.
The 7th Session of the India-Egypt Joint Trade Committee (JTC) will be co-chaired by Mr Goyal and Egyptian Minister of Investment and Foreign Trade Mohamed Farid Saleh on 15 November.
The JTC has been elevated to the ministerial level, reflecting the importance both countries attach to strengthening their economic and commercial partnership.
The meeting will provide an opportunity to review progress in bilateral trade and investment relations and discuss measures to further diversify and expand the bilateral trade basket.
Discussions are expected to cover market access issues, non-tariff barriers, trade remedies, agricultural and food products, pharmaceuticals and healthcare, engineering goods, chemicals and petrochemicals, fertilisers, textiles, MSMEs, customs cooperation, services, renewable energy, green hydrogen, transport and logistics among other areas of mutual interest.
India and Egypt share longstanding historical, civilisational and people-to-people ties, which have evolved into a multifaceted partnership encompassing political, economic, security and cultural cooperation.
Under the leadership of Prime Minister Narendra Modi, India-Egypt relations have gained renewed momentum, culminating in the elevation of bilateral ties to a Strategic Partnership, with a shared commitment to enhanced cooperation, particularly in the economic field.