📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
Business
India seeks deeper trade and investment partnership with Egypt, says Commerce Minister Piyush Goyal
✍️ ET Government
🗓 15 Nov 2026, 03:11 PM
👁 26
Commerce Minister Piyush Goyal announced that India aims to expand trade and investment ties with Egypt, highlighting mutual growth opportunities.
Commerce Minister Piyush Goyal said that India is looking to broaden its trade and investment relationship with Egypt. He emphasized that both nations stand to gain from deeper economic cooperation across sectors such as energy, pharmaceuticals, and information technology.
Goyal noted that expanding market access and encouraging joint ventures could boost bilateral commerce, which has been growing steadily in recent years. He called for greater dialogue between business communities and government agencies to identify concrete projects.
The minister’s remarks come as part of India’s broader strategy to strengthen economic ties with key partners in Africa and the Middle East, aiming to diversify export markets and attract foreign investment.
While specific targets were not disclosed, officials indicated that upcoming trade delegations and business forums will focus on translating the expressed intent into actionable agreements.
Goyal noted that expanding market access and encouraging joint ventures could boost bilateral commerce, which has been growing steadily in recent years. He called for greater dialogue between business communities and government agencies to identify concrete projects.
The minister’s remarks come as part of India’s broader strategy to strengthen economic ties with key partners in Africa and the Middle East, aiming to diversify export markets and attract foreign investment.
While specific targets were not disclosed, officials indicated that upcoming trade delegations and business forums will focus on translating the expressed intent into actionable agreements.