India’s support to Egypt which is battling an economic crisis at home due to the Russia-Ukraine war will be crucial. Amid China’s advances in Africa, “India must find ways to enhance its maritime and energy security cooperation,” the Geopolitics said. Indian investments in Egypt are estimated at $$3.15 billion but fresh investments are already lined up for the upcoming years. India and Egypt have also established the foundations of a promising military relationship during President El-Sisi’s visit. In 2022, trade between India and Egypt recorded the highest ever touching $7.26 billion.
Source: The North Africa Journal June 15, 2023 10:58 UTC