Cairo: Minister of Investment and Foreign Trade Mohamed Farid Saleh left for India on Thursday, August 6, 2026, to participate in the 16th BRICS Trade Ministers Meeting, held in Jaipur on August 6-7 under India's 2026 BRICS chairmanship.According to State Information Service Egypt, Egypt aims to maximize benefits from its BRICS membership, boost economic, trade, and investment cooperation with member states, and open new markets for Egyptian exports to integrate local firms into global value chains. The meeting will address developing the multilateral trading system, trade facilitation, digital trade, supply chains, supporting SMEs, and promoting sustainable development.On the sidelines, Saleh will hold bilateral talks with trade ministers and senior officials from member states to enhance economic ties, increase trade volume, and remove export barriers. Meetings include officials from India, Brazil, China, Russia, Indonesia, South Africa, and the UAE to strengthen economic partnerships with emerging mark ets.Ministry data shows trade between Egypt and BRICS reached $53.5 billion in 2025, up from $45 billion in 2024, while Egyptian exports to the bloc rose to $13.8 billion from $9.5 billion. Egypt's participation aligns with efforts to boost multilateral cooperation, increase exports, attract investments, and enhance economic competitiveness.
Minister of Investment to Participate in 16th BRICS Trade Ministers Meeting in India
POPULAR POSTS
Egypt Discusses Enhancing Media Coordination on Water Issues
September 20, 2026
Health Minister and World Bank Explore Future Health Sector Collaborations
September 20, 2026
PM Stresses Growing Role of ICT Sector in Egypt’s Digital Transformation
September 20, 2026
Egypt and European Allies Execute Strategic ‘Medusa-15’ Military Exercise
September 20, 2026
Madbouly Reviews Results of Comprehensive Medical Caravan in Assiut
September 20, 2026
Health Minister Discusses Strategy to Expand Kidney Donor Database
September 20, 2026
Sisi Directs Continuous Oversight of Unified Government Services Card System
September 19, 2026
Egypt to Launch Unified Digital Platform for Water Services
September 19, 2026
SCMR Enforces New Privacy Measures to Regulate Media Content
September 19, 2026