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Mar 19, 2013 at 10:25am IST

Morsi to discuss free trade arrangements with India: Egyptian Envoy

New Delhi: Egyptian President Mohammad Morsi arrived in India on Tuesday for talks to boost bilateral trade and technological cooperation. While talking to CNN-IBN, Egyptian Ambassador to India Khaled El Bakly said that the government of Egypt considers India as one of the oldest friends. He also said Morsi is in India to discuss free trade arrangements between the two countries.

Here is the transcript:

Suhasini Haider: President Morsi has chosen to come to India at a time of great turbulence inside Egypt. There are riots in Cairo; the election process itself is in some danger. What is he hoping to focus on during his meetings here?

Egyptian ambassador: Well what we are seeing I believe, history can tell that it is part of transition that different countries went through. But secondly immediately after the revolution what Egypt has said clearly that we will be also besides our friends; look back for old friends and older friends and when we talk about friends. I believe India is, and this is all Egyptians' have such a feeling that India is the oldest friend. We are seeking as a policy to move investments into Egypt to create jobs, we are 90 million now and we have access to Europe, we have access to Africa, we have free trade arrangements with almost all the big players except with India so now it is a call on India, it's a big delegation, it's a message that we are building up again our strong ties.