PM’s Egypt visit potential “game changer”, to boost Indian investment in country: Report - News Summed Up

PM’s Egypt visit potential “game changer”, to boost Indian investment in country: Report


NEW DELHI, JUNE 25: Prime Minister Narendra Modi’s 2-day visit to Egypt has been hailed by analysts as a potential “game changer” for bilateral ties, according to Al Jazeera. It is PM Modi’s first visit to Egypt as Prime Minister and the first by any Indian Prime Minister since 1997. Currently, China’s bilateral trade with Egypt stands at USD 15 billion, double that of India’s USD 7.26 billion in 2021-22. The latest bilateral trade reached USD 5.18 billion from April 22 to January 23. After taking over the G20 presidency in December 2022, India has invited Egypt to participate as a “guest country”.


Source: The North Africa Journal June 25, 2023 15:25 UTC



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