Wednesday, 20 March 2013

Egypt set to double trade with India in three years, hopes to be a part of BRICS

The keenness of Egypt to take economic ties to a next level is quite evident from the fact that it is evincing interest to be a part of BRICS nations. It needs less mention that BRICS nations played an important role in creating a platform that envisages trade dialogue.

Now it seems Egypt wants to be a part of larger group. Going by the reports the trade between two countries is approximately $5 million and they are eager to double the figure. Egypt is also learnt to have invited Indian companies to invest in Egypt and promised to look into improving infrastructure.

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