Piyush Goyal to Visit Egypt to Boost Bilateral Trade Ties

Piyush Goyal visits Egypt on November 15-16 with over 130 business leaders to advance trade, investment, startup partnerships and industrial cooperation through bilateral business forums and ministerial discussions.

Union Minister of Commerce and Industry Piyush Goyal will visit Egypt from November 15 to 16, 2026, to strengthen bilateral trade, investment and industrial cooperation between the two countries. The visit will include a high-level business delegation comprising more than 130 business leaders and startup representatives, with discussions focused on expanding market access, promoting joint ventures and identifying new commercial opportunities.

A key highlight of the visit will be the seventh session of the India-Egypt Joint Trade Committee (JTC), scheduled for November 15 in Cairo. Goyal will co-chair the meeting with Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh. The committee has been elevated to the ministerial level, reflecting the importance both countries attach to their economic partnership.

Also Read: The Future of India's Water Infrastructure

The discussions are expected to cover trade diversification, market access challenges, non-tariff barriers, customs cooperation and trade-related concerns. Priority sectors include agricultural and food products, pharmaceuticals, healthcare, engineering goods, chemicals, petrochemicals, fertilisers, textiles, renewable energy, green hydrogen, transport and logistics. Both sides will also explore opportunities to strengthen services trade and expand participation by micro, small and medium enterprises.

Bilateral merchandise trade between India and Egypt reached US$5.04 billion during April-September 2026, registering 64% growth compared with the corresponding period of the previous year. During the financial year 2025-26, India's exports to Egypt stood at US$3.87 billion, while imports amounted to US$2.60 billion. India's major exports include petroleum products, organic chemicals, cotton, meat and poultry products, and machinery. Imports from Egypt include crude petroleum, fertilisers, cotton and mineral products.

The visit will also feature an India-Egypt Joint Business Council meeting and a bilateral Business Forum, providing opportunities for companies from both countries to explore investment partnerships, technology collaboration and industrial projects. The Indian delegation will include representatives from manufacturing, infrastructure, pharmaceuticals, automobiles, textiles, chemicals and emerging technology sectors.

Also Read: How Intelligent Battery Sensors Improve EV Battery Accuracy

In addition, Goyal is scheduled to interact with senior Egyptian ministers, business representatives, the African Export-Import Bank (Afreximbank), the Egyptian Junior Businessmen Association and participants in the Egypt-India Startups Forum. The startup engagement will focus on connecting entrepreneurs, investors and technology enterprises to explore trade, investment and joint venture opportunities.

Both countries are also expected to examine investment opportunities in Egypt's Suez Canal Economic Zone, manufacturing facilities, ports, logistics and regional supply chains. Egypt's geographical position and trade agreements with markets across Africa, the Arab region and Europe offer Indian businesses opportunities to expand their regional operations.

The visit aims to strengthen institutional cooperation and create new avenues for Indian and Egyptian companies to deepen commercial engagement.