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Vol 2 (AAC) No 1

Published 1st November 2008


Kamal Nath

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.

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