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Egypt and India look into private sector ties
Egyptian Minister of Industry, Engineer Khaled Hisham, discussed with Indian Ambassador Suresh K. Reddy ways to strengthen industrial cooperation between the two countries and increase Indian investments in the Egyptian market. They focused on the outcomes of Egypt's participation in the BRICS countries' summit held in Jaipur, as well as preparations for the Indian Minister's upcoming visit to Cairo in November to attend a business forum and tour the Suez Canal Economic Zone. The two ministers emphasized the importance of enhancing partnerships between the private sectors of Egypt and India to benefit from Indian expertise in modern technologies, with the aim of improving industrial capabilities and facilitating the entry of products into European, African, and Arab markets. The meeting also covered Egypt's efforts in legislative reforms to reduce bureaucracy and streamline industrial procedures, with India welcoming increased Egyptian investments.
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