Commerce and Industry Minister Piyush Goyal will visit Egypt on November 15–16, 2026, to strengthen economic and commercial ties between the two nations.
During the visit, the 7th India–Egypt Joint Trade Committee (JTC) meeting, a Joint Business Council (JBC) meeting and the India–Egypt Business Forum will be held, with more than 130 Indian business leaders and startup representatives expected to participate.
The JTC meeting, scheduled for November 15 in Cairo, will be co-chaired by Goyal and Egypt’s Minister of Investment and Foreign Trade, Dr. Mohamed Farid Saleh. This ministerial-level meeting will review bilateral trade and investment relations. Additionally, discussions will focus on measures to enhance market access, address non-tariff barriers and diversify the trade basket.
India–Egypt bilateral merchandise trade reached at USD 5.04 billion during April–September 2026, registering a 64 per cent increase over the corresponding period last year. During FY 2025–26, India’s exports to Egypt totalled USD 3.87 billion, while imports from the country stood at USD 2.60 billion, according to the Directorate General of Commercial Intelligence and Statistics (DGCIS).
The discussions are expected to cover cooperation in pharmaceuticals, agricultural products, engineering goods, chemicals, fertilisers, textiles, MSMEs, renewable energy, green hydrogen, customs, transport and logistics. India’s major exports to Egypt include meat and poultry products, petroleum products, organic chemicals, cotton and machinery, while its key imports comprise crude petroleum, fertilisers, cotton and mineral products.
A high-level Indian business delegation comprising over 130 CEOs, senior industry representatives and startup leaders will participate in the JBC meeting and Business Forum to explore opportunities for joint ventures, investment partnerships, technology collaboration and stronger business-to-business ties between India and Egypt.
Goyal will also meet senior Egyptian ministers and interact with Afreximbank, business representatives of the of the African Export-Import Bank (Afreximbank), the Egyptian Junior Businessmen Association and the Egypt–India Startups Forum, and the Egypt–India Startups Forum to explore investment opportunities in manufacturing, infrastructure, ports and logistics, including in the Suez Canal Economic Zone.
India and Egypt elevated their bilateral ties to a Strategic Partnership, strengthening cooperation across political and economic sectors. Goyal’s visit is expected to further boost bilateral trade, investment and industrial collaboration.
(PIB)
