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India, Egypt discuss boosting investment flows, trade in digital services: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Friday said India and Egypt discussed measures to enhance two-way investment flows, strengthen bilateral economic cooperation and facilitate smoother trade in digitally delivered services during a meeting with Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh.

Sharing details of the meeting with Dr. Saleh, on X, Goyal said both sides discussed measures to enhance two-way investment flows and reinforce bilateral economic cooperation.

The talks also 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.

“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,” Goyal stated.

“Discussed measures to enhance two‑way investment flows, reinforce bilateral economic cooperation, and facilitate smoother trade in digitally delivered services,” he mentioned.

Meanwhile, earlier in the week, Goyal said that BRICS nations have a unique opportunity to strengthen manufacturing competitiveness, deepen technological collaboration, build resilient value chains and promote sustainable industrial growth.

Addressing the BRICS Industry Ministers’ Meeting in Jaipur under India’s BRICS 2026 Chairship on Thursday, Goyal said the discussions focused on the future of industrial cooperation and economic collaboration among BRICS member nations.

“Delighted to address the BRICS Industry Ministers’ Meeting in Jaipur under India’s BRICS 2026 Chairship, where we discussed the future of industrial cooperation and economic collaboration,” Goyal stated.

“Emphasised that BRICS nations have a unique opportunity to strengthen manufacturing competitiveness, deepen technological collaboration, build resilient value chains, and promote sustainable industrial growth,” he mentioned.

He said India highlighted its priorities of strengthening micro, small and medium enterprises (MSMEs), fostering startup innovation, expanding clean energy cooperation and building technology-enabled logistics ecosystems to drive sustainable industrial development.

(IANS)

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