Both parties are aiming to Sign a Joint action plan on trade and technical cooperation between Egypt and India will reinforce the economic and trade relations between the two countries through supporting both sides to create favourable conditions for preferential arrangements, promoting industrial cooperation and stimulating the transfer of new technologies and technological innovation, disseminating the "know how", in addition to exchanging expertise in different industrial fields.
Such plan shall serve to create an appropriate investment climate and facilitate communications between the business communities in both countries.
In addition, to further promote economic and trade co-operation, different bilateral mechanisms shall be established by both sides. First, a Joint Committee, to address any obstacles that may affect trade between the two countries and Second, a standing Joint Study Groups that aim at identifying opportunities for expanding trade and investment, and also studying the feasibility of concluding a free trade area between both countries.
Expectedly, this Joint action plan on trade and technical cooperation between Egypt and India will result in an increase of bilateral trade to the benefit and prosperity of the two countries.
Only one negotiation round was held in Sri Lanka during the period 6-9 April 2003 to discuss the feasibility of having a free trade agreement with Sri Lanka. The negotiations are suspended for the time being.
The Government of the Arab Republic of Egypt and the Government of the Republic of Kazakhstan signed a framework trade agreement in March 2007 in purpose of Desirous of strengthening traditional relations of friendship between the peoples of the two countries and of supporting bilateral trade relations on the basis of the principles of equality and mutual benefits.
The text of the Framework Agreement ( Arabic only).