Egypt and India close to free trade pact
Egypt: Wednesday, April 16 - 2008 at 12:52
India and Egypt have set up a group to finalise an economic cooperation agreement that will include free trade in goods and services, reported the Peninsula. India's Commerce Minister Kamal Nath said there is enormous potential for cooperation, not only bilaterally but also in third countries. Top Indian companies like Essar, Reliance and the Tata group are planning huge investments in Egypt worth an estimated $20bn in areas ranging from oil and gas to plastics and fertilisers.
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Jeff Florian, Senior ReporterWednesday, April 16 - 2008 at 12:52 UAE local time (GMT+4)
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