{"id":675136,"date":"2025-11-09T00:00:00","date_gmt":"2025-11-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/09\/as-suez-canal-traffic-begins-to-recover-egypt-eyes-usd-12-bn-bilateral-trade-with-india\/"},"modified":"2025-11-09T00:00:00","modified_gmt":"2025-11-09T00:00:00","slug":"as-suez-canal-traffic-begins-to-recover-egypt-eyes-usd-12-bn-bilateral-trade-with-india","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/09\/as-suez-canal-traffic-begins-to-recover-egypt-eyes-usd-12-bn-bilateral-trade-with-india\/","title":{"rendered":"As Suez Canal traffic begins to recover, Egypt eyes USD 12 bn bilateral trade with India"},"content":{"rendered":"

Egypt is positioning itself as a strategic logistics and industrial extension for <\/strong>India into the Mediterranean<\/strong>, with a target of increasing annual bilateral trade from a current USD 5 bn to USD 12 bn in a matter of years, Egyptian Ambassador to India Kamel Galal told Indian business news channel CNBC TV18<\/a>. Galal stressed how India's manufacturing scale and service sectors align with Egypt's strategic geography and resources.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Traffic has been picking up through the Suez Canal since the Gaza peace agreement was <\/strong>signed in Sharm El Sheikh <\/strong>last month<\/strong>, with transit volumes now 85-90% of pre-2023 levels \u2014 helped by multinational naval escorts and AI-monitored drone patrols, Galal said in a separate story<\/a> from the channel.<\/p>\n

But why does<\/strong> this<\/strong> matter for New Delhi and Indian capital? <\/strong>A secure Suez Canal is critical for the India-Middle East-Europe Economic Corridor<\/a>, argued Galal. A predictable Red Sea passage reduces arbitrage loss, stabilizes container schedules, and lowers risk pricing on goods moving from India to the Mediterranean.<\/p>\n

Egypt argues its role in the IMEC is irreplaceable given its control of the Suez Canal<\/strong> \u2014 which handles 12% of global trade. For Indian exporters, Egypt is signalling that the future play is collaboration and co-production, going beyond traditional commodity trade.<\/p>\n

ALSO- Former Tourism Minister Khaled El Enany was formally elected as the <\/strong>director-general of Unesco<\/strong>, following the candidate securing backing from 55 out of 57 member states of Unesco\u2019s executive board last month<\/a>. El Enany secured 172 votes out of 174 ballots to become the first Arab and second African to lead the organization, the UN body said in a statement<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Transit volumes through the Suez Canal are now 85-90% of pre-2023 levels<\/p>\n","protected":false},"author":1,"featured_media":675137,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7262],"tags":[168,6551,72,397,7103,132,323],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-675136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-diplomacy","tag-egypt-india-relations","tag-enterpriseam","tag-khaled-el-anany","tag-suez-canal","tag-trade","tag-unesco","wpautop","entry"],"acf":{"mongo_id":"8bef16de-1474-4ba2-b557-fc7617740e47","order":"14","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/960.jpg","photo_position":"above","homepage_title":"","full_issue_title":"As Suez Canal traffic begins to recover, Egypt eyes USD 12 bn bilateral trade with India","related_issue":[675111],"teaser":"Transit volumes through the Suez Canal are now 85-90% of pre-2023 levels","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.5b2dd58f-508d-4427-994c-3ad269b5bcc7.mp3"},"yoast_head":"\nAs Suez Canal traffic begins to recover, Egypt eyes USD 12 bn bilateral trade with India - 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Revenues for the year came in at USD 5.72 bn, down only slightly from USD 5.75 bn the previous year. Receipts in the month of May\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576149,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/11\/diplomacy-foreign-trade-on-11-november-2020\/","url_meta":{"origin":675136,"position":1},"title":"Diplomacy + Foreign Trade on 11 November 2020","author":"enterpriseam admin","date":"11 November 2020","format":false,"excerpt":"Not a lot is happening on the diplomatic + trade front this morning: Egypt is apparently the beneficiary of an onion shortage in India, while the acting US Navy under secretary Gregory Slavonic was in town yesterday for talks with Suez Canal Authority head Osama Rabie.","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626014,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/egypt-vietnam-aim-to-boost-bilateral-trade-to-usd-1-bn-ink-mous\/","url_meta":{"origin":675136,"position":2},"title":"Egypt, Vietnam aim to boost bilateral trade to USD 1 bn, ink MoUs","author":"enterpriseam admin","date":"28 August 2018","format":false,"excerpt":"Egypt and Vietnam signed a number of MoUs yesterday with the aim of bringing bilateral trade to a combined USD 1 bn per year, according to an Ittihadiya statement. The agreements \u2014 which cover fields including oil, finance, investment, exports, as well as agriculture \u2014 were signed during Vietnamese President\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558732,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/suez-canal-revenues-are-up\/","url_meta":{"origin":675136,"position":3},"title":"Suez Canal revenues are up","author":"enterpriseam admin","date":"24 August 2021","format":false,"excerpt":"Suez Canal revenues rose almost 11.2% y-o-y to USD 3.88 bn from January to August, compared with the preceding year when revenues came in at USD 3.49 bn, Suez Canal Authority (SCA) boss Osama Rabie told a Sada El Balad Sunday (watch, runtime 9:03). Reuters also had the story.Suez Canal\u2026","rel":"","context":"In "Suez Canal"","block_context":{"text":"Suez Canal","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/suez-canal\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/245.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":673798,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/19\/egypt-india-want-to-boost-trade-to-hit-usd-12-bn\/","url_meta":{"origin":675136,"position":4},"title":"Egypt, India want to boost trade to hit USD 12 bn","author":"enterpriseam admin","date":"19 October 2025","format":false,"excerpt":"Abdelatty was in New Delhi to co-chair the Egyptian-Indian Strategic Dialogue","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/835.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555344,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/10\/last-nights-talk-shows-on-day-2-of-our-strategic-talks-with-the-us-the-suez-canal-upping-its-transit-fee\/","url_meta":{"origin":675136,"position":5},"title":"Last Night\u2019s Talk Shows on day 2 of our strategic talks with the US + the Suez Canal upping its transit fee","author":"enterpriseam admin","date":"10 November 2021","format":false,"excerpt":"Once again last night\u2019s talk shows were all about the US-Egypt strategic talks: There\u2019s more on that front in this morning\u2019s Diplomacy section, above.The Suez Canal ups its transit fee: Suez Canal Authority boss Osama Rabie appeared on Kelma Akhira to discuss the 6% hike in transit fees announced last\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/675136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=675136"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/675136\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/675111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/675137"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=675136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=675136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=675136"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=675136"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=675136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}