Egypt’s Minister of Funding and Foreign Trade Mohamed Saleh held talks with Suresh K. Reddy, India’s Ambassador to Cairo, to search out methods of strengthening bilateral economic, exchange and funding family participants. The discussions lined a unfold of priority components aimed at advancing cooperation between the two countries.
The meeting modified into once attended by senior officers, including Mohamed El-Gouski, CEO of the General Authority for Funding and Free Zones (GAFI); Abdel Aziz El-Sherif; Ghada Nour, Assistant Minister for Funding and Promotion; Amani El-Wesal, Head of the Agreements and Foreign Trade Sector; Abed Mehran, Adviser to the Minister; Ahmed Badawi, Head of the Promotion Sector at GAFI; and Gomaa Madany, Head of the Central Administration for Trade Agreements.
Through the meeting, every aspect underscored the importance of intensifying joint efforts to carry out industrial integration and to capitalise on Egypt’s location as a strategic gateway to regional and international markets. This wait on is underpinned by Egypt’s community of free exchange agreements, which provide preferential win admission to to a huge form of international markets.
Saleh infamous that discussions also addressed preparations for the seventh session of the Egyptian-Indian Joint Trade Committee, scheduled to be held in Cairo in the approaching duration. He highlighted ongoing executive efforts to produce a extra competitive and intelligent funding climate in step with transparency, readability, and a supportive institutional and legislative framework, alongside measures to simplify procedures and steal away barriers facing traders.
The minister pointed to Egypt’s key funding advantages, including competitive labour costs, a expert workforce, and incentives connected to land allocation. He reaffirmed the assert’s commitment to attracting المزيد of Indian investments and offering the the largest crimson meat up, in particular as efforts continue to unravel unheard of components faced by Indian firms working in Egypt.
Saleh added that Egypt is enthusiastic to prolong cooperation with India all the plan in which by a unfold of strategic sectors, including meals security, files and communications skills, healthcare and pharmaceuticals, water desalination, renewable vitality, textiles, automobile industries and parts, and chemical substances. These areas, he infamous, provide solid doable for integration between the productive capacities of every countries.
In a switch reflecting Egypt’s commitment to international partners, the minister proposed organising an expanded meeting with leading Indian firms to showcase funding alternatives, competitive advantages, and accessible incentives in the Egyptian market, whereas also addressing challenges facing their operations to be obvious that sustainable alternatives and deeper cooperation.
For his piece, Ambassador Reddy reaffirmed India’s commitment to strengthening frameworks for economic cooperation with Egypt, noting that the Indian industry community views the Egyptian market as a promising destination all the plan in which by a huge selection of sectors. He highlighted rising hobby among Indian firms in expanding their presence in Egypt, pushed by its strategic set up and funding incentives.
Reddy also wired the importance of intensifying joint efforts to carry out shared economic vogue aims, benefiting every economies.
Trade exchange between Egypt and India reached roughly $4.203bn in 2025, marking an annual prolong of 12%. Indian investments in Egypt span various sectors, including chemical substances, infrastructure, tourism and textiles. Egypt is currently trying for to blueprint additional Indian investments in renewable vitality, automobile manufacturing and pharmaceuticals, as piece of efforts to deepen local manufacturing and enhance exports.
