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India and Egypt sign agreement in the area of Maritime Transport

India and Egypt on 2 September 2016 signed an agreement on Maritime Transport. The agreement would help the two nations to step-up co-operation on the seas not only in terms of maritime commerce but also in transit of naval vessels. 
•    The agreement was signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Egypt Abdel Fattah El-Sisi in New Delhi. President Sisi is on a three-day visit (1-3 September 2016) to India at an invitation of President Pranab Mukherjee.
•    Earlier in October 2015, the Union Cabinet gave its approval for signing of an agreement between India and Egypt on Maritime Transport. 
•    It was decided that the agreement would be signed on a mutually convenient date and venue.
•    They also called for the proposal to have the inaugural "Egypt by the Ganga Festival" in 2017.

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