India-Egypt trade has 'sky's the limit' potential, says Goyal; eyes bigger investments

NEW DELHI: India and Egypt need to set their sights on a much bigger trade partnership, with greater two-way movement of goods, services and investments, commerce and industry minister Piyush Goyal said, calling for exploring new business opportunities between the two countries.With bilateral trade currently at around $6.5 billion, Goyal said the existing numbers did not reflect the potential of the two economies. He was speaking at a community event hosted by the Indian Community Association in Egypt (ICAE) late last evening."For the size of our two economies, I believe it's just a beginning; it cannot be our destination; the sky's the limit," he said.India is looking beyond selling its products in the Egyptian market and wants to attract Egyptian goods and investments as well.