New Delhi: India and Egypt exchanged MoUs in the fields of Cyber Security, Culture, Information Technology, Cooperation on Youth Matters and Broadcasting recently. India and Egypt have decided to elevate their ties to the level of strategic partnership with Prime Minister Narendra Modi and visiting Egyptian President Abdel Fattah El-Sisi.
The two sides inked five agreements providing for cooperation in areas of culture, IT, cyber security, youth matters and broadcasting. In his media statement in the presence of Sisi, Modi also said that both sides have decided to take the bilateral trade to USD 12 billion in the next five years.
”We have decided that under the India-Egypt strategic partnership, we will develop a long-term framework for comprehensive cooperation in political, security, economic and scientific fields,” PM Modi said. He also noted that it was decided to further strengthen cooperation between the defence industries of the two countries and to increase the exchange of counter-terror-related information and intelligence.
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