Close Menu
    What's Hot

    Papa Johns teams up with Disney and Pixar for Toy Story 5

    August 7, 2026

    China adds drone curbs and restrictions on US entities

    August 6, 2026

    Brent and WTI extend losses after sharp crude market selloff

    August 5, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    Star of MysoreStar of Mysore
    • Automotive
    • Business
    • Editorial
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Star of MysoreStar of Mysore
    Home » Modi-Sisi sign MoUs to boost Indian-Egyptian trade to $12 billion
    Business

    Modi-Sisi sign MoUs to boost Indian-Egyptian trade to $12 billion

    January 26, 2023
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    Abdel Fattah El-Sisi, president of Egypt, met Prime Minister Narendra Modi today in New Delhi. During this visit, India and Egypt exchanged MoUs on cyber security, culture, information technology, youth affairs and broadcasting. After the meeting, Prime Minister Modi stated that terrorism is the greatest security threat to humanity, and India and Egypt are concerned about its spread.

    Bilateral relations have been elevated to strategic partnership, he said. Both countries have plenty of opportunities in the defence sector, Modi said. The India-Egypt strategic partnership can lead to political, defense, and scientific development. According to the Prime Minister, both nations have also agreed to further strengthen defense industry cooperation and increase counterterrorism intelligence exchanges. In five years, Mr Modi predicted $12 billion in bilateral trade between both nations.

    Egypt’s president, Abdel Fattah El-Sisi, said Indian investment in Egypt was discussed because the country has many investment opportunities. According to him, both countries discussed enhancing trade and investment cooperation. Egypt and India discussed fighting terrorism and radicalization and increasing defence cooperation.

    Egypt’s President arrived in India yesterday evening for a three-day visit. Sisi was the Chief Guest on India’s 74th Republic Day. A ceremonial welcome was accorded to President Sisi at Rashtrapati Bhavan this morning. A number of leaders were present, including President Droupadi Murmu and Prime Minister Modi. In tribute to Mahatma Gandhi, President Sisi laid a wreath at Rajghat. The External Affairs Minister also met with the Egyptian President this morning.

    During his speech in the morning, Abdel Fattah El-Sisi said participating in the glorious national day is a great privilege. Egypt-India relations have been characterized by stability and balance. According to Sisi, bilateral relations between the two countries will be strengthened further.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Brent and WTI extend losses after sharp crude market selloff

    August 5, 2026

    OECD inflation falls to 4.2% and energy price pressures cool

    August 5, 2026

    Oil prices surge past $90 then retreat on market shifts

    August 3, 2026

    UK solar hits 22.8 GW ahead of plug-in solar rollout

    August 3, 2026
    Latest News

    China adds drone curbs and restrictions on US entities

    August 6, 2026

    Brent and WTI extend losses after sharp crude market selloff

    August 5, 2026

    Fuego volcano eruption puts Guatemala regions on red alert

    August 5, 2026
    © 2026 Star of Mysore | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.