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Daily News Egypt: Egyptian government presents trade, technology projects to India

Government conducts broad international talks to revive confidence in Egyptian economy threatened by political turmoil.
05.08.14 | Interesting article at Daily News Egypt

Prime Minister Ibrahim Mehleb held consultations with the Indian Ambassador to Cairo last week to discuss boosting Indian investments in Egypt and reassuring the international business community regarding investing in Egypt, according to Dr Sherif El-Shawky, the prime minister’s media adviser.

Shawky said: “The prime minister presented to Ambassador Navdeep Suri [potential] technological projects to take advantage of recent advances in India and vowed to settle any disputes faced by Indian investments in Cairo.”

The prime minister said in a recent statement that the government is undertaking a comprehensive economic reform project in addition to reviewing all economic legislation to increase foreign investment, restore confidence of international markets, increase growth rates and create jobs.

The statement mentioned that the prime minister consulted with Suri to strengthen all economic, commercial, technical and cultural fields.