Egypt President to visit India

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New Delhi, Mar 18 : President of Egypt Mohamed Morsy will be paying a State Visit to India from Mar 18-20, said the Ministry of External Affairs (MEA).

He will be accompanied by senior ministers and a large business delegation on what will be his first official visit to India.

Morsy will hold delegation level talks with Prime Minister Manmohan Singh on Mar 19.

"Vice President, External Affairs Minister, the leader of Opposition and UPA Chairperson will call on the President. Later in the day President of India will host a banquet in his honor," said the MEA.

During his visit, Morsy will also address a business event organized by the apex chambers of commerce of India.

"Bilateral trade has increased significantly in the recent years in spite of the political transition and currently stands at US$ 5.5 billion. India is Egypt's 7th largest trading partner and second largest source of its exports," said the MEA.

"More than 50 Indian companies have presence in Egypt in various sectors and the cumulative Indian investments in Egypt is more than US$ 2.5 billion. Both countries are keen to further deepen and diversify the growing bilateral engagement during the President's visit," it said.

--IBNS

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