Your Excellency, President Sisi,
Ministers and delegates from both countries
Friends of the media,
At the outset, I would like to extend a warm welcome to President Sisi, and his delegation to India. President Sisi is attending our Republic Day celebrations tomorrow as the chief guest. It is a matter of pride and joy for the whole of India. I am also happy that a military contingent from Egypt is also participating in our Republic Day parade and adding glory to it.
Friends,
India and Egypt are among the oldest civilizations in the world. We have had continuing relationship for thousands of years. More than four thousand years ago, trade with Egypt used to take place through the Lothal Port of Gujarat. And despite various changes in the world, our relations have been stable, and our cooperation has been continuously strengthened.
Our cooperation has deepened in the last few years. And for this, I would like to give a huge credit to the able leadership of my friend President Sisi.
This year, India has invited Egypt as a guest country during its G-20 Presidency, which reflects our special friendship.
Friends,
At one side of the Arabian Sea is India and on the other side is Egypt. Strategic cooperation between the two countries will help in promoting peace and prosperity in the entire region. So in today's meeting, President Sisi and I decided to elevate our bilateral partnership to the level of "Strategic Partnership". We have decided that under the India-Egypt Strategic Partnership, we will develop a long-term framework of greater cooperation in political, security, economic and scientific fields.
India and Egypt are worried about the spread of terrorism happening around the world. We are unanimous in the opinion that terrorism is the most serious security threat to humanity. Both countries also agree that concerted action is necessary to end cross-border terrorism. And for this, together we will continue to try to alert the international community.
There is also immense potential for enhancing security and defence cooperation between us. In the last few years, there has been a significant increase in joint exercise training and capacity building between our armies. We have also decided in today's meeting to further strengthen cooperation between our defence industries, and enhance the exchange of information and intelligence related to counter-terrorism.
Misuse of cyber space to spread extremist ideologies and radicalization is a growing menace. We will extend cooperation against this also.
Friends,
We have closely observed the adverse effects on healthcare infrastructure and global supply chains during the Covid pandemic. President Sisi and I have remained in close contact during this challenging period, and both countries have sent each other immediate assistance in times of need.
Today, we have held extensive discussions on strengthening the food and pharma supply chains affected by the COVID and the Ukraine conflict. We also agreed on the need to increase mutual investment and trade in these areas. Together we have decided that in the next five years we will take our bilateral trade to 12 billion dollars.
Friends,
We commend Egypt for successfully hosting COP-27, and for its efforts to ensure the interests of developing countries in the climate sector.
India and Egypt have had long and excellent cooperation in the United Nations and other international forums. We both agree on the need for diplomacy and dialogue to resolve international disputes.
Excellency,
I once again extend a warm welcome to you and your delegation to India. I also wish you and the people of Egypt a very Happy New Year.
Thank you very much!