3 weeks ago
India, Egypt Discuss Investment Flows, Digital Services Trade
Two countries, India and Egypt, had an important meeting about working together.
Their leaders talked about helping businesses invest money in both countries.
They also discussed making it easier to buy and sell digital services, like apps and online tools.
The meeting happened as part of a bigger meeting of a group called BRICS.
BRICS is a group of countries that work together on trade and industry.
India is hosting the BRICS meetings this year.
Another meeting happened in a city called Jaipur.
There, leaders talked about helping small businesses grow and using new technology.
They want to build strong systems for moving goods and using clean energy.
All these talks are meant to help countries grow and work better together.
India and Egypt discussed enhancing two-way investment flows and reinforcing bilateral economic cooperation.
The talks covered steps to facilitate smoother trade in digitally delivered services.
The meeting took place on the sidelines of the BRICS India 2026 Trade and Industry Ministers' Meeting.
Earlier, Goyal addressed the BRICS Industry Ministers' Meeting in Jaipur under India's BRICS 2026 Chairship.
India highlighted priorities including strengthening MSMEs, fostering startup innovation, expanding clean energy cooperation, and building technology-enabled logistics ecosystems.
- Who
- India's Commerce and Industry Minister Piyush Goyal and Egypt's Minister of Investment and Foreign Trade Mohamed Farid Saleh, along with other BRICS ministers
- What
- Discussions on enhancing two-way investment flows, reinforcing bilateral economic cooperation, and facilitating smoother trade in digitally delivered services, plus broader BRICS industrial cooperation talks
- Where
- New Delhi and Jaipur, India
- When
- Friday for the India-Egypt meeting; Thursday for the BRICS Industry Ministers' Meeting
- Why
- To strengthen bilateral economic ties between India and Egypt and promote sustainable industrial growth among BRICS member nations
Key facts
- Event
- BRICS India 2026 Trade and Industry Ministers' Meeting
- Participants
- Piyush Goyal (India) and Mohamed Farid Saleh (Egypt)
- Location
- New Delhi and Jaipur, India
- Discussion topics
- Investment flows, bilateral economic cooperation, digital services trade
- India's role
- BRICS 2026 Chairship; host of the BRICS Industry Ministers' Meeting
- India's industrial priorities
- MSMEs, startup innovation, clean energy cooperation, technology-enabled logistics
- Meeting dates
- India-Egypt meeting on Friday; BRICS Industry Ministers' Meeting on Thursday
Quotes
Piyush Goyal
Indian Commerce and Industry Minister
“Held a meeting with Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, Egypt, on the sidelines of the BRICS India 2026 Trade and Industry Ministers' Meeting. Discussed measures to enhance two‑way investment flows, reinforce bilateral economic cooperation, and facilitate smoother trade in digitally delivered services.”
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