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Egypt's Sisi to visit India

Source: www.export-egypt.com 8/31/2016, Location: Africa

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Egypt's President Abdel-Fattah El-Sisi will fly to India for a three-day visit, where he will meet Prime Minister Narendra Modi, Egypt's envoy to New Delhi told the state news agency MENA.

According to Ambassador Hatem Tag El-Din, El-Sisi will be received officially at the Indian presidential palace.

The president will hold talks with his Indian counterpart Pranab Mukherjee and with Modi focusing on developing bilateral cooperation especially in regards to economic cooperation and development. They will also discuss regional developments.

Tag El-Din said that the volume of trade between Egypt and India is $4 billion; imports from India include petrochemicals, meat, textiles, spices and car tyres, while Egyptian exports include gas, oil, raw materials used to manufacture fertilisers, cotton, tanned leather, marble, and a number of agricultural crops like oranges and onions.

He added that the Indian investments in Egypt worth $3 billion and the number of Indian companies working in the various sectors in Egyptian markets have increased to 52.

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