India seeks to increase trade exchange with Egypt to US$ 2 billion

During a joint press conference with Egyptian Foreign Minister Sameh Shoukry, Subramaniam Jaishankar said that his visit to Egypt falls in line with celebrations of the 75th anniversary of the establishment of diplomatic relations between both nations.

Trade relations between the two countries had been disrupted due to the coronavirus pandemic in the past years, he said.

Jaishankar stressed India’s commitment this year to develop relations with Egypt to a higher level, noting that political cooperation between the two countries is strong.

He continued: “There are political consultations taking place between the two countries, and we hope to hold a meeting for the anti-terrorism group, and we have a common political understanding, cooperation in the field of security and defense, regular visits between delegations of the two countries, and discussions on cooperation in the defense field.”