Egypt wants trade exchange with India increased to US$8 bn
 

Egypt wants trade exchange with India increased to US$8 bn
http://img.s-msn.com/tenant/amp/enti...6&q=60&o=f&l=fEgypt is eyeing an increase to its trade exchange with India to US$8 billion in 2016, up from US$5.5 billion in 2014, Minister of Trade and Industry, Mounir Fakhry Abdel **ur, said on Tuesday. Meeting with the Indian ambassador to Cairo, Sanjay Bhattacharyya, Abdel **ur said Egypt has considerable prospects to increase its exports, especially of agricultural products, to the Indian market. Bhattacharyya pointed that 50 Indian companies are operating in Egypt, investing US$3 billion and providing 35.000 work opportunities. He stressed the importance of Abdel **ur’s acceptance of an invitation from his Indian counterpart for a visit in India within the next months, in order to reinforce eco**mic and investment cooperation between businessmen from both countries.