Piyush Goyal Embarks on Two-Day Visit to Egypt to Strengthen Bilateral Trade Relations
Indian Commerce Minister Piyush Goyal visits Egypt to enhance trade and investment partnerships, focusing on key sectors.
Cairo, November 14 (Daily Kiran) : Indian Commerce and Industry Minister Piyush Goyal has arrived in Cairo for a two-day official visit aimed at bolstering trade and investment ties between India and Egypt. The visit, scheduled for November 15-16, is expected to enhance industrial cooperation and business relations.
Upon arrival, Goyal shared on social media that he met Latvia’s Health Minister, Hossam Abu Mary, at Cairo International Airport, highlighting the airport as a venue for productive meetings.
During his stay, Goyal paid tribute to Indian soldiers who sacrificed their lives during the World Wars at the Heliopolis War Cemetery in Cairo. He expressed that the memories of these brave soldiers continue to inspire future generations, even thousands of kilometers away from India.
Earlier, the Ministry of Commerce announced that Goyal would co-chair the seventh meeting of the India-Egypt Joint Business Committee with Egypt’s Minister of Investment and Foreign Trade, Dr. Mohamed Farid Saleh. The meeting will review the progress of bilateral trade and investment relations and explore ways to diversify and broaden trade.
Key focus areas for the discussions will include market access, non-tariff barriers, agriculture and food products, pharmaceuticals, engineering goods, chemicals and petrochemicals, fertilizers, textiles, MSMEs, services, renewable energy, green hydrogen, transport, and logistics.
Economic ties between India and Egypt have strengthened significantly in recent years. From April to September 2026, bilateral trade reached $5.04 billion, marking a 64% increase compared to the same period last year. In the fiscal year 2025-26, India’s exports to Egypt totaled $3.87 billion, while imports were recorded at $2.60 billion. India primarily exports meat and poultry products, petroleum products, organic chemicals, cotton, and machinery, while it imports crude oil, fertilizers, cotton, and minerals from Egypt.
During his visit, Goyal is also set to meet representatives from the African Export-Import Bank, the Egyptian Junior Businessmen Association, and the Egypt-India Startups Forum. Additionally, he will engage with senior Egyptian ministers and industry leaders to discuss opportunities for enhancing investment and industrial collaboration.
