Indians have set a benchmark for close Indian-Egypt ties: Swaraj (Update)

Addressing a reception organised in her honour by the Indian Community in Cairo, External Affairs Minister, Sushma Swaraj said she was delighted that the Indian community in Egypt has set a very high benchmark and contributed substantially to the development of close ties between India and Egypt.

The event took place on Sunday soon after her arrival on a two-day visit.

"It is impressive that Indian investments in about 50 companies are almost USD three billion in sectors such as petrochemicals, textiles, agriculture and chemicals, consumer products and others.

"Technical skills at a competitive cost have been an indispensable part of the local economy, I understand you employ almost 35,000 Egyptians and contribute significantly to the export earnings of Egypt. Although small in numbers, you are recognized as a successful and integrated community," she added.

During her interaction Swaraj said, "I have heard that some of you have been here for many decades and some have arrived more recently and are contributing to the improvement of efficiencies in Egypt, in businesses, MNCs, IT, health and others. I notice that you represent the entire spectrum of the vibrant diversity of India and come from different parts of the country."

Expressing her views on India's economic and political growth, she said that this is India's unique transformation is taking place.

"We are committed to good governance, transparency, inclusive and sustainable growth ushering into an era of rapid economic development. Our government has shown will and determination; we could open 14 crore bank accounts under the 'Jan Dhan Yojna' for the poor to achieve an inclusive growth and built 4.25 lakh toilets in Indian schools under 'Swachh Vidyalayas' Scheme," the external affairs minister said.

She further added that the Ministry of Overseas Indian Affairs has undertaken several measures to ensure the welfare of the Indian community in Egypt, including the establishment of the Indian Community Welfare Fund (ICWF) to assist Indian nationals in distress.

" I understand a number of people have been provided assistance under this fund,"she said.

Swaraj also said that she was pleased that the Embassy of India has been working closely with the Indian Community and has established two organizations.

She also thanked the people of Egypt.

"We are two countries with ancient civilizations, much like the two branches of a tree. India has always viewed Egypt as the major power and a stabilizing factor in the region and shares the belief that our partnership will be strengthened further in the new era. I wish every one of you a successful and prosperous future, "she concluded.