What this agreement covers.
Goods — limited preferential access on specified lines
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Goods — limited preferential access on specified lines
Both parties — India-Egypt trade USD 8.5B
Aggregate trade volume among parties: USD 8.5B
| Risk | Assessment | Mitigation |
|---|---|---|
| India-Egypt PTA is limited — most trade on MFN terms | Medium — PTA covers only specific lines | Upgrade to full FTA negotiation; use Suez Canal transit for Indian Asia-Europe shipping |
| Egyptian Pound volatility — significant devaluation in 2022–2024 | High — currency risk for Indian exporters | Invoice in USD; use confirmed LC for Egyptian buyers; ECGC cover recommended |
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