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Wednesday, 26 August 2015

India and Egypt have signed two Memorandum of Understandings


India and Egypt have signed two Memorandum of Understandings (MoUs) in the field of Tourism, Scientific and Technical. These MoUS were signed during the visit of Union External Affairs Minister Sushma Swaraj to Egypt in Egypt. Signed MoUs are MoU on Cooperation in the field of Tourism: It seeks to enhance the bilateral cooperation in the field of Tourism, Hospitality and Human Resource Development (HRD) between both nations. It also seeks to draw up a road map to enhance cooperation and establish a Joint Working Group (JWG). MoU Scientific and Technical Cooperation: Signatory parties are Council of Scientific and Industrial Research (CSIR) of India and National Research Center (NRC) of Egypt. It seeks to support extension and promotion of cooperation in Technology Development and Scientific Research in fields of mutual interest of both countries. India, Egypt relations India is Egypt’s sixth largest trading partner. Top five Indian exports to Egypt include meat, petroleum products, transport equipment, cotton yarns and instruments. Potential sector for India to enhance trade also includes Energy and pharmaceuticals.
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