Minister of Investment and Foreign Trade Mohamed Farid Saleh left for India on Thursday, August 6, 2026, to participate in the 16th BRICS Trade Ministers Meeting, held in Jaipur on August 6-7 under India’s 2026 BRICS chairmanship. Egypt aims to maximize benefits from its BRICS membership, boost economic, trade, and investment cooperation with member states, and open new markets for Egyptian exports to integrate local firms into global value chains.
The meeting will address developing the multilateral trading system, trade facilitation, digital trade, supply chains, supporting SMEs, and promoting sustainable development. On the sidelines, Saleh will hold bilateral talks with trade ministers and senior officials from member states to enhance economic ties, increase trade volume, and remove export barriers.
Meetings include officials from India, Brazil, China, Russia, Indonesia, South Africa, and the UAE to strengthen economic partnerships with emerging markets. Ministry data shows trade between Egypt and BRICS reached $53.5 billion in 2025, up from $45 billion in 2024, while Egyptian exports to the bloc rose to $13.8 billion from $9.5 billion.
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