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Egypt, India sign seven pacts to boost ties

Arab World Materials 19 March 2013 15:41 (UTC +04:00)

India and Egypt on Tuesday signed seven pacts on areas including information technology and cyber security after talks between Prime Minister Manmohan Singh and Egyptian President Mohammed Morsi, dpa reported.

The Egyptian leader, accompanied by several ministers and a business delegation, reached New Delhi on a three-day visit Tuesday night.

"President Morsi and I have just concluded extensive and very productive discussions," Singh said at Hyderabad House in New Delhi.

"We agreed that his visit, at an important juncture for Egypt, offers us a great opportunity to renew our relationship and take it to a different level of engagement and cooperation."

Ministers and officials from both sides signed seven pacts that envisage cooperation in IT and communications, cyber-security, art and culture, vocational training and small industries after the talks. Another agreement to provide solar energy to households in an Egyptian village, was also signed.

Bolstering bilateral trade and investment tops the agenda of Morsi, who was scheduled to participate in a business summit on Wednesday.

Two-way trade currently stands at 5.5 billion dollars, an increase of 30 per cent over the previous year.

Morsi is also due to meet other Indian leaders including President Pranab Mukherjee, Vice President Hamid Ansari and ruling coalition chairwoman Sonia Gandhi during his visit.

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