The two nations will be exploring opportunities in new and renewable energy; trade and investment, education, tourism and connectivity.
“We discussed how to increase air connectivity & grow tourism. One of our universities reached an understanding with an Egyptian enterprise to establish a tertiary education institution here.Our tech institutes looking for int’l collaboration will find Egypt a suitable partner,” EAM stated, ANI reported.
Jaishankar stated that “Last year was our highest-ever trade in excess of $7.2 billion. Today we reviewed that and agreed that there are possibilities for more growth. Investments have also been very positive. Indian companies today have a reported investment of more than $3 billion.”
The cooperation between the two countries in multilateral forums remains robust, Jaishankar noted.
“In recent times India & Egypt have also stepped up defence & security cooperation. We did important exercises between our Air Force and had regular ship visits to Egypt. There were discussions on how we can work closely in Defence production,” Jaishankar added.
The EAM also expressed India’s support for Egypt’s presidency of the COP27. The EAM welcomed Egypt’s participation in the G20 next year, as well as in the BRICS New Development Bank and the SCO.
(With Inputs From ANI)
