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FICCI calls for comprehensive India-Africa trade framework

  • On Sunday, Industry Minister Piyush Goyal begins a two-day visit to Egypt to strengthen bilateral trade and co-chair the seventh session of the Joint Trade Committee with Egyptian officials.
  • Bilateral merchandise trade reached $5.04 billion between April and September 2026, marking 64% growth, as both nations seek to diversify cooperation in manufacturing, pharmaceuticals, and renewable energy.
  • Over 140 CEOs and industry representatives accompany Goyal to participate in the India-Egypt Joint Business Council and Business Forum, which facilitate direct engagement to foster joint ventures.
  • Discussions will focus on cooperation within the Suez Canal Economic Zone, industrial development, and logistics, with Goyal holding meetings with Minister of Investment and Foreign Trade of Egypt Mohamed Farid Saleh.
  • Egypt's strategic location offers Indian businesses significant opportunities to access markets across Africa, the Middle East, and Europe, while both countries aim to promote long-term investment partnerships.
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India Daily Mail broke the news on Saturday, November 14, 2026.
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