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India’s External Affairs Minister S. Jaishankar is on a two-day visit to Egypt to explore new initiatives in India’s partnership with the North African country. He was invited by his Egyptian counterpart Sameh Hassan Shoukry.
The two ministers are expected to discuss a range of bilateral, regional, and international issues of mutual interest. Both India and Egypt are celebrating the 75year anniversary of their independence from colonial powers.
Egypt has been one of India’s largest trading partners in Africa. The promotion of bilateral trade, commerce, and investments will be one of the focus areas during Jaishankar’s visit.
India-Egypt trade touched a record high of US$7.26 billion during FY2021-22. Indian investments in Egypt exceed US$3.15 billion. More than 50 Indian companies are present in Egypt in a range of sectors such as manufacturing, chemicals, energy, infrastructure, and retail.
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Mr. Jaishankar will also interact with the Indian community based in Egypt, including students, and address a gathering of the Egyptian and Indian business communities.
