Prime Minister Naredra Modi is expected to visit Egypt very soon to meet President Abdel Fattah el-sisi for the fifth time, Egyptian Ambassador to India Hatem Tageldin said on Tuesday.
He also asserted the warmth in ties as expressed by both the leaders exhibits that there are paths for greater bilateral cooperation.
Speaking to the press on the sidelines of a business event in the national capital, Tageldin said that the preparations are on in full swing through diplomatic channels for the India Prime Minister Narendra Modi’s visit, though the dates are not yet fixed, as they have to work out on a large number of agreements.
Earlier, in 2016 Egyptian President Abdel Fattah el-sisi had extended an invitation to PM Modi. Even, the Egyptian Foreign Minister Sameh Soukry had also called on Prime Minister Narendra Modi during his visit to India earlier this year in the month of March for the India-Egypt Joint Commission meeting.
Furthermore, the Egyptian envoy Tageldin also informed, “The Indian Prime Minister has in-principal accepted the invite sent to him by our President and confirmed that he will visit. But, work needs to be done through diplomatic channels to see the time availability”.
He also added that Egypt is interested in defense production in India as also training of their armed forces.
Moreover, the Environment Minister of India Harsh Vardhan is expected to attend an international UN bio-diversity conference in resort city of Sharm El Sheikh, Egypt around November in this year.
Earlier, addressing a gathering during a function held in India to mark the opening of the first unit in India of Port Said-based paint major Kapci Coatings, Tageldin termed the Indo-Egypt relation as ‘Exceptional’ and opined “it is important to explore more avenues of cooperation”.
Modi and el-sisi meeting held up four times earlier as both of them came to power in the same year, 2014 and the fifth meeting is expected to schedule in Egypt very soon, said the Egypt envoy. Last year in September Modi had met el-sisi in the Chinese port city of Xiamen and held a discussion on to strengthen the bilateral ties.
The Egyptian envoy also said, “Egypt-India shares exceptional ties that go back many years starting with Non Aligned Movement and trade routes, which played key roles in cementing trade exchanges and relationships”.
The Ambassador further explained that currently the economic climate is favorable and much more conductive for creating further opportunities, especially through initiatives like Make in India, Clean India and Skill India. Moreover, the warmness expressed by both the leaders has paved the way for more cooperation in many fields; he added.
Tageldin stressed that this is now time for the business communities to play their role in boosting the bilateral ties, as the trade volume between countries reached up to $3.5 billion in 2017 and the combined investment of Indian companies in Egypt stands at 3.5 billion. At present, 52 Indian firms operate in Egypt, while three Egyptian companies are in India, he added.