The Deputy Prime Minister also addressed the Egyptian-German debt swap programme, describing it as an innovative mechanism supporting Egypt’s green transition. Both sides emphasised the importance of continuing to strengthen economic and development cooperation between Egypt and Germany and supporting joint initiatives that contribute to sustainable development, increased investment, and job creation. Eissa said the meeting provided an opportunity to explore future cooperation prospects, particularly in light of Egypt’s promising investment opportunities. The two sides further explored ways to encourage greater Indian direct investment in Egypt across various sectors, particularly within the Suez Canal Economic Zone. Eissa also praised the existing cooperation between the two countries in capacity building and government training through the Indian Technical and Economic Cooperation Programme (ITEC), which has helped train a large number of Egyptian professionals.

Source: Daily News Egypt March 10, 2026 15:56 UTC