Modi landed in this capital yesterday, where he was received by his Egyptian counterpart, Mostafa Madbouly, with whom he later held a meeting.

This is a remarkable year for our ties, the Indian head of government said shortly after the dialogues.

In this regard, he recalled that in January El-Sisi visited India to participate in the celebration of the Republic´s Day.

Modi pointed out that both nations are promoting a series of projects to reach 12 billion dollars in trade exchange in the next five years.

In the last six months, Indian companies invested some $170 million in Egypt, he stressed.

The National Central Agency for Public Mobilization and Statistics revealed this week that bilateral trade was six billion dollars in 2022, up 13,7% over the previous year.

According to the Indian ambassador to Cairo, Ajit Gupte, this is the first visit by an Indian Prime Minister to Cairo since 1997.

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