Trade and Investment Ties with India Continued Growth

Trade and investment ties with India are witnessing a continued growth after the 25th January Revolution. This was reported in the media quoting the Indian Ambassador to Egypt praising the development while addressing his country's 62 years anniversary party held in Caro. The official revealed that Indian investments in Egypt exceeded lately $ 3 billion divided on 25 companies operating in the country, also he revealed that bilateral foreign trade volume between both countries increased in 2011 to $ 3.2 billion identified as being balanced. N.B. India could further be a strong source of tourists known of their high end tourist expenditure.