New Delhi Tuesday visiting Egyptian President Dr. Mohamed Morsy and India’s Prime Minister Dr. Manmohan Singh signed five MoUs and two agreements covering cyber security, information technology, space and education in a move that will increase co-operation in science and technology between the countries.
Egypt will have a Centre of Excellence of Information Technology set up at the Al Azhar University in Cairo, launch a nano Egyptian satellite by the Indian Space Research Organisation and there will be protection of the cultural heritage of both countries and the setting up of a vocational training centre in Egypt.
India’s Prime Minister Manmohan Singh said they had agreed with his Egyptian counterpart to increase the India-Egypt bond for the benefit of the citizens of both the countries.
He added that India has been on the forefront of Egypt’s democracy,social justice and inclusive development and to India it is an attractive business destination and partner. The countries will deepen their cooperation internationally to unions such as United Nations and World trade bodies.
According to Egyptian President Dr. Morsy Egypt and India will build on their age-old civilisational ties to foster a durable strategic partnership reminding onlookers that trade between Egypt and India in 2012 rose to up to US$5.5 billion.
Dr. Morsy also said developing the Suez canal project will help Egypt become a hub for Indian exports to the African continent.