We look forward to joining forces with India to amplify the voice of the Global South and contribute to building a more balanced and equitable global economic order

We seek to expand bilateral trade and investment and unlock new and promising avenues for economic cooperation

We invite Indian companies to capitalize on the investment opportunities and incentives Egypt offers to the private sector

We are keen to exchange expertise in developing tax and fiscal policies that help stimulate economic activity

We are working to build and train a new generation of young tax professionals through cooperation initiatives within the BRICS framework

We look forward to a greater role for the New Development Bank in providing affordable and concessional financing that meets the development needs of emerging economies

 

Ahmed Kouchouk, Minister of Finance, affirmed Egypt’s commitment to strengthening bilateral cooperation with India in digitalization, infrastructure financing and climate action in support of both countries’ development goals.

 

He stressed the importance of joining forces with India to amplify the voice of the Global South and contribute to building a more balanced and equitable global economic order.

 

During his meeting with Indian Finance Minister Nirmala Sitharaman on the sidelines of the BRICS meetings in India, Kouchouk said that Egypt looks forward to expanding bilateral trade and investment and unlocking new and promising avenues for economic cooperation.

 

He invited Indian companies to capitalize on the investment opportunities and incentives Egypt offers to the private sector.

 

Kouchouk also underscored Egypt’s keenness to exchange expertise with India in developing tax and fiscal policies that help stimulate economic activity.

 

He highlighted the importance of cooperation in building and training a new generation of young tax professionals through joint initiatives within the BRICS framework.

 

The Minister also expressed Egypt’s aspiration for the New Development Bank to play a greater role in providing affordable and concessional financing that meets the development needs of emerging economies and supports their efforts to achieve their development goals.