India, Egypt: Partners for a just order
In the 18th BRICS Summit, held in New Delhi, India has assumed the presidency for the year 2026, garnering congratulations and commendation for its commitment to fostering cooperation among member states amidst global geopolitical and economic challenges. Both India and Egypt are recognized as vital strategic partners on regional and global fronts.
Egypt's geographical location, modern infrastructure, extensive port and transport networks, and robust economic and trade ties with the Arab world, Africa, and Europe make it an ideal partner for boosting trade and regional connectivity. Egypt warmly welcomes initiatives that enhance economic ties and open new avenues for trade and investment, particularly through the Suez Canal and its economic zone.
The partnership between India and Egypt aspires to spur local manufacturing, technology transfer, and cooperation in shared priority sectors such as pharma, electronics, auto components, renewable energy, green hydrogen, and IT. Strengthening ties among universities, research institutions, and innovation centers is also a priority, providing youth in both nations with greater opportunities for learning, creativity, and economic growth.
Egypt's accession to BRICS in 2024 has expanded opportunities for cooperation with India and other member states, while its membership in the New Development Bank has diversified the tools available for developmental and economic cooperation. Egypt emphasizes strategic balance in its foreign policy, grounded in independence of national decision-making, diversification of partnerships, and balanced relations with various powers, guided by mutual respect and shared interests.
In the face of escalating international competition and polarization, Egypt continues to strive for the cessation of conflicts and the restoration of security and stability in West Asia. It firmly believes diplomacy and peaceful political solutions are paramount in resolving crises, and supports comprehensive regional dialogue. The Palestinian cause is at the core of any lasting peace in West Asia, with Egypt advocating for a just and comprehensive settlement that acknowledges the Palestinian people's inalienable rights, including establishing an independent state with East Jerusalem as its capital, in accordance with international law and relevant UN resolutions.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
