New Delhi, 22 Jul: The economic cooperation between India and Egypt has been steadily diversifying, with both sides seeking new opportunities to expand the engagement, External Affairs Minister S Jaishankar said on Monday.
\nIn an address at an event, he said more than 50 Indian companies have already invested in various sectors of the Egyptian economy, with pharmaceuticals, electronics and green energy being focus sectors.
\nJaishankar described Egypt as an \u201cimportant and valued strategic partner\u201d of India.
\n\u201cOur economic cooperation has been steadily diversifying, with both sides seeking new opportunities for mutual benefit,\u201d he said.
\n\u201cOur IT industry too has been establishing partnerships that we hope to see grow in the times ahead. Egypt has also opened up as a market for our agro-exports, notably that of wheat,\u201d he added.
\nThe external affairs minister was speaking at the event hosted by the Egyptian embassy to celebrate the country\u2019s \u2018National Day\u2019.
\n\u201cOur defence collaboration has also grown in this very period. Since 2021, our Air Forces have held regular exercises bilaterally as well as in a larger format,\u201d he said.
\n\u201cOur Special Forces too are conducting their own exercises, most recently in January of this year. There are frequent and regular visits to Egyptian ports of Indian naval ships,\u201d Jaishankar said.
\n\u201cAnd our defence industries are refreshing an old tradition through new activities and collaboration,\u201d he added.
\nJaishankar said India and Egypt have been working closely in world affairs as well.
\n\u201cWe appreciated that Egypt participated in the G20 during the Indian presidency. India also strongly supported Egypt\u2019s membership of the BRICS. We value our collaboration in the context of the India-Africa Forum Summit process,\u201d he said. (PTI)<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi, 22 Jul: The economic cooperation between India and Egypt has been steadily diversifying, with both sides seeking new opportunities to expand the engagement, External Affairs Minister S Jaishankar said on Monday. In an address at an event, he said more than 50 Indian companies have already invested in various sectors of the Egyptian […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-244902","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/244902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=244902"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/244902\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=244902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=244902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=244902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}