Union Minister of Commerce and Industry Piyush Goyal will visit Egypt from November 15-16, leading a delegation of more than 130 business leaders and start-ups to explore opportunities for expanding bilateral trade, investment and industrial cooperation between the two countries, the Ministry of Commerce and Industry said on Saturday, ANI reported from New Delhi.
Source: ANI
During the two-day visit, Goyal will co-chair the 7th session of the India-Egypt Joint Trade Committee (JTC) with Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, in Cairo on November 15. The JTC meeting has been elevated to the ministerial level and will review progress in bilateral trade and investment and discuss ways to diversify and expand the trade basket, according to the ministry statement reported by ANI and Construction Mirror.
Source: Construction Mirror
The visit will also include the India-Egypt Joint Business Council meeting, the India-Egypt Business Forum and an India-Egypt Start-up Forum, bringing together business representatives from both countries to explore joint ventures, technology partnerships and greater investment. Goyal will also hold bilateral meetings with senior Egyptian ministers and interact with representatives of the African Export-Import Bank, the Egyptian Junior Businessmen Association and the Egypt-India Startups Forum, ANI reported.
Source: ANI
Discussions at the JTC are expected to cover market access issues, non-tariff barriers, trade remedies, agricultural and food products, pharmaceuticals and healthcare, engineering goods, chemicals and petrochemicals, fertilisers, textiles, MSMEs, customs cooperation, services, renewable energy, green hydrogen, transport and logistics. The two sides are also expected to explore cooperation in the Suez Canal Economic Zone, industrial development, manufacturing, infrastructure, ports and logistics, and regional value chains, Construction Mirror reported.
Source: Construction Mirror
India's exports to Egypt amounted to US$3.87 billion in FY 2025-26, while imports from Egypt stood at US$2.60 billion. Major Indian exports include meat and poultry products, petroleum products, organic chemicals, cotton and machinery, while imports include crude petroleum, fertilisers, cotton and mineral products, according to the ministry. The ministry said Goyal's visit is expected to provide fresh momentum to the India-Egypt economic partnership and create new opportunities for businesses in both countries.
