Morsi wants India to join Suez Canal corridor project

[email protected] (News Network)
March 19, 2013
morsiNew Delhi, Mar 19: Egypt Tuesday pushed for India to join its ambitious Suez Canal corridor project as Indian Prime Minister Manmohan Singh and Egyptian President Mohamed Morsi met here for talks to forge closer cooperation in economic and other fields.

Morsi, Egypt's first democratically elected president who came to India after a day-long visit to Pakistan, said he welcomed India's contribution in the Suez Canal corridor project that is aimed to become a bridge connecting Africa with Asia.

Speaking to the media after a meeting with Prime Minister Manmohan Singh, Morsi said the corridor project once ready would make Egypt a hub for India's exports to the West and boost Indian exports to $200 billion.

The 190-km corridor project aims to turn the Suez Canal banks into a global economic zone and earn billions of dollars in revenue for Egypt. The European Bank for Reconstruction and Development (EBRD) has offered to invest Euro one billion in the project.

Morsi said in his talks with Prime Minister Manmohan Singh both sides had agreed to reinforce bilateral relations in various areas, including political, economic, military, cultural and tourism and "agreed to promote ties till they reach the level of strategic partnership".

India offered to share its experience in the field of IT, renewable energy, services, electronics, small and medium enterprises, manufacturing and fertilizers. Both sides inked seven agreements, including five MoUs, in the field of cyber security, Information Technology.

India is setting up a solar energy project in a village in north Egypt and also setting up a centre of excellence in IT at the well known Al Azhar University.

Morsi, who is facing troubles back home with a court ordering cancellation of the April 22 parliamentary elections, thanked India and its people for support for his country post the 'Arab Spring' revolution two years ago.

He said bilateral trade, despite the political tumult in his country, had grown to $5.5 billion, growing $2.5 billion in the past one year alone. Morsi, who has brought along a high-level delegations comprising seven minister-level officials and top business heads, said Egypt was keen to attract more Indian investment.

Prime Minister Manmohan Singh said India "deeply appreciates" the fact that Morsi has undertaken a state visit to India despite his pressing domestic commitments. "This is a reflection of his personal commitment to our relationship," he said.

The prime minister conveyed India's full support to Morsi and "offered to share our experience as he ably leads his nation in building strong institutions and frameworks for democracy, social justice and inclusive economic development".

He said Egypt's location "as a bridge between Asia and Africa, astride a major global trade route, together with its skilled human resources, makes it an attractive business destination for India".

Both sides have agreed to foster productive partnerships in socio-economic development programmes, skill development, higher education, agriculture and health care and also agreed to enhance defence exchanges and cooperation.

On Palestine, Manmohan Singh conveyed India's support to the Palestinian cause and expressed deep appreciation for the role played by Egypt in trying to forge unity between the Palestinian groups - Hamas and Fatah -- and work towards a peaceful resolution.

On Syria, both sides condemned the violence and agreed on the urgent need for a peaceful resolution of all issues through dialogue.

Both sides also agreed to intensify efforts on issues that affect developing countries, and increase coordination in various international forums, including the United Nations, G-77 and the Non Aligned Movement.

India and Egypt are founders of the Non-Aligned Movement and the two countries shared a very close relationship till the sixties during the time of Indian prime minister Jawaharlal Nehru and Egyptain President Gamal Abdel Nasser. But the relationship cooled off thereafter and the 30-year rein of previous president Hosni Mubarak were not marked by close ties.

Morsi has been keen to take Egypt's foreign policy away from its pro-West orientation and shift the focus back to Asia and the developing world.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 16,2020

New Delhi, Jun 16: Congress president Sonia Gandhi on Tuesday demanded a rollback of hike in fuel prices, saying the government's decision to increase the prices of petrol and diesel during the coronavirus crisis is "wholly insensitive" and "ill-advised".

The government is doing nothing short of "profiteering off its people" when they are down and out, she said in a letter to Prime Minister Narendra Modi.

Petrol and diesel prices were hiked for the 10th day in a row on Tuesday.

"I am deeply distressed that in these exceedingly difficult times since the beginning of March, the government has taken the wholly insensitive decision to increase petrol and diesel prices on no less than ten separate occasions," Gandhi said in her letter.

She accused the government of earning an additional revenue of nearly Rs 2.6 lakh crore through these "ill-advised" hikes in excise duty and increase in prices of petrol and diesel.

"I urge you to roll back these increases and pass on the benefit of low oil prices directly to the citizens of this country.

"If you wish for them to be 'self-reliant' then do not place financial fetters on their ability to move forward," the Congress president said.

Gandhi also urged the government to use its resources to put money directly into the hands of those in need in these times of severe hardship.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 21,2020

Pune/Mumbai, Feb 21: A BJP youth wing leader from Pune on Thursday submitted a complaint application to the police against AIMIM leader Waris Pathan for his controversial remarks made recently in Karnataka.

Pathan has claimed he has been quoted out of context.

Parismal Deshpande, a BJYM worker, submitted the written application at the Deccan Gymkhana police station, demading action against Pathan for allegedly promoting enmity between different groups and outraging religious feelings of a community.

Deshpande, in his complaint stated, that Pathan reportedly said "15 crore hai lekin 100 crore pe bhari hai' (We are 15 crore but we can dominate 100 crore).

"The statement by Pathan promotes violence and create a divide between two communities.

"Because of such statements, there are possibilities of atmosphere getting vitiated. Hence, he should be booked under IPC sections 153A (promoting enmity between different groups, 295A (outraging religious feelings), and 504 (provoking breach of the peace)," Deshpande said in the complaint.

An officer from the Deccan police station confirmed receiving the application.

Meanwhile, in Mumbai, the BJP slammed Pathan.

The saffron party on Thursday tweeted @BJP4Maharashtra saying, "Waris Pathan, who are you threatening to? Shiv Sena led government may tolerate your comments; but BJP and people of Maharashtra will teach you a lesson that your hate- mongering speeches will be shut."

However, Pathan has issued a statement to the media, saying he has been quoted out of context.

"I hereby wish to state that the media reports on TV channels showing my statement made in the public meeting at Gulbarga five days back have totally quoted me out of context," Pathan claimed on late Thursday evening.

"I wish to reiterate that I can never say anything intentionally or unintentionally that hurts the sentiments of any caste, community or gender. I am a proud Indian and respects the plurality of this country," he said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 17,2020

New Delhi, Apr 17: A total of 3,336 Indians tested positive for coronavirus in 53 countries while 25 others died of the infection, government sources said on Thursday.

They said the Indians stranded abroad will have to be patient as the government is not evacuating them as part of a larger policy decision to check the spread of the coronavirus in the country.

"They need to be patient and stay where they are. Our missions have been told to extend all possible help to the stranded Indians," said a source.

According to the sources, evacuation of around 35,000 foreign nationals from 48 countries has been facilitated so far from India.

The sources said the majority of Indians who tested positive for the coronavirus infection are living in the Gulf region. A sizeable number of Indians staying in France and the US have also tested positive.

They said that Indian missions in the Gulf region have been told to extend all possible assistance to the Indians in distress.

Around eight million Indians are living in the Gulf countries and there has been growing anxiety among them over their livelihood in view of the pandemic as it has majorly impacted the oil-driven economy of the region.

Almost all Gulf countries have taken a series of drastic measures including imposing total lockdown, travel restrictions and even closing borders to stem the spread of the coronavirus infection.

The United Arab Emirates has already warned of possible action against countries refusing to allow their citizens to return.

Around 3.3 million Indians are living in the UAE and they constitute roughly 30 per cent of the country's population. Among the Indian states, Kerala is the most represented followed by Tamil Nadu and Andhra Pradesh.

A large number of Indians are working in the construction sector in Qatar which is hosting the FIFA World Cup in 2022.

As a matter of policy, India has decided not to bring back the stranded Indians from abroad till the nationwide lockdown ends.

The issue of Indians in Gulf region figured prominently during Prime Minister Narendra Modi's video conference with heads of Indian missions abroad on March 30.

Welfare of Indians in the Gulf was the major focus area in the discussions Modi had with leaders of countries in the region over the last few weeks, officials said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.