The visit, from December 21-22, came as a continuation of the momentum in relations initiated by the visit of the Egyptian Foreign Minister, and was an opportunity to review the gamut of bilateral relations, particularly the economic dimension.
Secretary East MEA Ashok Kantha called upon the Egyptian Foreign Minister Nabil Fahmy, the Minister for Trade and Industry Mounir Fakhry Abdel Nour, and the Head of the Constitutional Committee Amr Moussa to discuss issues concerning bilateral relations as well as broader aspects of regional and international cooperation.
There was also a specific focus on building political conversations between India and Egypt, not just on bilateral matters but on the broader issues that have affected the region, as well as cooperation at various multilateral fora.
The meetings also gave an opportunity to understand from the Egyptian side the various steps being taken to complete the roadmap to democracy and the return to constitutional governance.
On the successful completion of the visit, Secretary (East) remarked that "India values its historic relationship with Egypt. My visit was an opportunity to build on this partnership with one of the most important countries in the region, and to actively work towards its expansion across different fields".
Kantha said the trade and economic relationship between the two countries has shown steady growth, and they were working towards resolving outstanding procedural issues at the earliest.
He said that Egypt will be able to complete the roadmap to democracy at an early date.
"We know that the civilisational heritage of the Egyptian people will carry them through temporary difficulties. When Egypt started the bumpy road to democracy it looked east to the Indian example realising they had so much in common in terms of the past and present," he said.
Egypt has traditionally been one of India's most significant trading partners in Africa. Bilateral trade grew from $5.42 billion in 2011-12 to $5.45 billion in 2012-13.
More than 50 Indian companies operate in Egypt, with a total investment of $2.5 billion, making a diverse range of products from PVC to seeds development.
No Indian company has left Egypt since the 25 January revolution.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
