Egypt Looking for Indian Investment, Regional Security Cooperation


A ship named ‘Long life Egypt’ crosses the new section of the Suez Canal after the opening ceremony of the new Suez Canal, in Esmailiya, Egypt. Egypt’s ambassador said that Egypt is working on a number of mega projects from which Indian investors can benefit.
Increasing bilateral investments, a greater role for India in regional security and stability and fighting terrorism are among the key issues that are likely to come up for discussion during External Affairs Minister Sushma Swaraj’s visit to Egypt early next week.
“The visit of the Indian external affairs minister next week is a continuation of the historic relations between India and Egypt,” Egypt’s Ambassador to India, Hatem Tageldin, told IANS in an interview.
“The Arab region and India are among the biggest trade partners and trade between the two sides is worth around $180 billion [Dh660.6 billion],” he said. Details


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