The minister stressed the depth of the strategic bilateral
relations between Egypt and India, rooted in a long history of cooperation
across various fields. He highlighted the importance of intensifying efforts to
translate these relations into tangible projects that serve the interests of
both economies.
El-Khatib noted that the talks addressed opportunities to
expand Indian investments in Egypt, strengthen trade cooperation, and open new
channels of partnership between the business communities in both countries.
He also outlined Egypt’s investment advantages across
production and service sectors, including the availability of skilled labor,
engineering expertise, and competitive wages, in addition to the free access of
Egyptian products to numerous foreign markets under the free and preferential
trade agreements Egypt has signed with major regional and global economic
blocs.
For his part, Ambassador Reddy emphasized India’s keenness
to strengthen bilateral cooperation and open new horizons for partnership
between Cairo and New Delhi, underscoring the longstanding ties between the two
nations. He also highlighted the significance of the Egyptian market as a key
industrial and export hub in the region, and a gateway to Africa.