India wishes to further its relationship with Egypt

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New Delhi, Oct 29 India wishes to progress its relationship with Egypt on closer political and security cooperation, deeper economic engagement and wider cultural contacts, Indian President Pranab Mukherjee has said.

“India greatly values its civilisational relationship with Egypt. India considers Egypt to be a major power in the region and a bridge between Asia and Africa,” Mukherjee said during his meeting with Abdel Fattah Al-Sisi, the President of the Arab Republic of Egypt.

India and Egypt have a history of working together for peace and development in the world. India is the sixth largest trading partner of Egypt and Egypt’s third largest export destination, he said.

Indian investments in Egypt have reached USD 3 billion. These investment flows bring technology, employ almost 35,000 Egyptians and contribute to high export earnings, he further said.

The President said India wishes to progress its relationship with Egypt on the three pillars–closer political and security cooperation, deeper economic engagement and scientific collaboration as well as wider cultural contacts and people to people exchanges.

Mukherjee said participation of Egypt in the third India Africa Forum Summit (IAFS) will contribute to the deepening of India’s ties with Africa.

 

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