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Egyptian Gazette
Home Egypt

Egypt, India deepen trade, investment links in Cairo talks

by Gazette Staff
March 30, 2026
in Egypt, World
Investment
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Boosting economic, trade, and investment relations between between Egypt and India was at the focus of talks held in Cairo on Monday.

Egypt’s  Minister of Investment and Foreign Trade, Mohamed Farid, and the Indian ambassador Suresh K. Reddy, also reviewed a number of key issues of mutual interest aimed at elevating the level of bilateral co-operation.

The meeting stressed the importance of strengthening joint efforts to achieve industrial integration between the two countries and to leverage the Egyptian market as a strategic gateway to external markets.

Minister Farid said they had reviewed the ongoing preparations for convening the seventh session of the Joint Trade Committee in Cairo over the coming period.

The Egyptian government is striving to make the country’s investment climate more appealing and competitive, with a particular emphasis on empowering the private sector as a major force behind development, he added.

Farid also stressed Egypt’s commitment to attracting more Indian investments, noting that the government is actively addressing challenges faced by Indian companies operating in the country.

The minister pointed to several priority sectors for co-operation as food security, information technology, healthcare and pharmaceuticals, water desalination, renewable energy, textiles, automotive industries, and chemicals.

For his part, Ambassador Reddy, reiterated India’s desire to expand economic ties with Egypt. He claimed that because of Egypt’s advantageous location and investment incentives, Indian companies see great potential in the Egyptian market and are eager to grow.

Trade between Egypt and India reached about $4.2 billion in 2025, marking a 12 percent increase. Indian investments in Egypt span several sectors, including chemicals, infrastructure, tourism, and textiles.

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