Commerce and Industry Minister, India
Egyptian President Hosni Mubarak wants more trade with India. During his 16-19
November trip to New Delhi, he marketed Egypt as a gateway to Africa
and an attractive investment in its own right. The pitch fell on the
ears of Commerce Minister Kamal Nath, who is interested in building an
Indian industrial zone there. Indian imports mainly oil and gas from
Egypt. Bilateral trade stands at US$3 bn. annually; the two countries
want that to rise to $10 bn. by 2010. India will need to diversify its
imports....
(This article contains approximately 259 words)