India Targeting $2 Trn Merchandise, Services Exports By 2030: Goyal

India is targeting USD two trillion in exports by 2030, equally divided into merchandise and services, said Union Commerce Minister Piyush Goyal on Wednesday.  

While speaking at an event, Goyal said that India has invited Egypt to participate as a guest country in the G-20 meetings during its presidency which is a testament to the high priority India attaches to its relations with Egypt. 

"We have a history of close and friendly bilateral ties based on shared values and a common vision for regional and global peace and prosperity," he said. 
The minister said that both countries have also been working together to promote cultural and educational exchanges, hosting each other's students and scholars, and organising cultural festivals and events. 

This has helped to deepen mutual understanding and promote people-to-people ties between the two countries, he added.

The minister further stated that India is one of Egypt's largest trading partners, with bilateral trade between the two countries reaching USD 7.26 billion in 2021-22. 

India has also been a major investor in Egypt, with Indian companies investing in sectors such as infrastructure, energy, and telecommunications. 

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