The People`s Republic of China has bilateral trade agreements with the blocs, countries and their two specific administrative regions: [13] With the exception of an average MFN of 19% above the average Indian MFN of 13%, it appears that Egypt has not implemented many barriers to trade with Indian products. The optimal benefits of exploiting the opportunities offered by bilateral engagement, particularly in the area of trade and investment, can be exploited by government and industrial initiatives. 2. The annual quantity or value of the goods on List A and B may be changed by mutual agreement between the two parties or fresh goods added. EFTA [17] has bilateral agreements with the following countries – including dependent territories – and the following blocs: EXCELLENCY, I write to note the agreements reached between us under the trade agreement signed today: the Eurasian Economic Union, composed of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, has concluded the following agreements, see below. 3. Before the first twelve months expire, new hours may be adopted by mutual agreement for the following period of a year or other period that may be agreed upon, and thereafter for any other period of one year or otherwise, as agreed before the expiry of the period immediately prior to. An interactive list of bilateral and multilateral free trade instruments can be find on the TREND Analytics website. [59] Indian exporters, who monitor India`s current trade with the African region, can explore Egypt`s markets for raw materials such as medicines, oils, cars, auto parts, steel products, wood and paper, coffee, etc. On the other hand, Egypt is a major supplier of carpets, aluminum, gold, minerals, LNG, raw gasoline, ceramics, cement, vegetables such as onions, fruits, glass products and essential oils, among others.

For India in particular, Egypt can be a source of crude oil offset by U.S. sanctions against Iran. In addition, Egypt can be a stable source to meet the growing demand for liquefied natural gas. Egypt and India have strong historical ties and fought in the middle of 19.19. Trade between the two countries has increased from about US$500 million to US$4.5 billion over 15 years. According to TPCI`s analysis, there is considerable potential for increased Indian exports to Egypt in products such as medicines, motor vehicles, mobile phones and beef. A strong political impetus will enable both countries to make substantial gains in bilateral trade and bilateral investment. Over the past 15 years, India`s total trade with Egypt has increased from about $500 million to $4.5 billion in 2018 and has recorded a remarkable CAGR of nearly 15%. It is important that trade with Egypt has remained in India`s favour in the recent past. Although the global slowdown in 2013 had an impact on both imports and exports, India`s world trade has recovered.

List of agreements between two states, two blocs or one bloc and one state. India`s exports to Egypt account for less than 10% of total exports to the African region and less than 1% of world exports.