Cairo: The 67th Republic Day of India was celebrated here with traditional gaiety and fervour by the Indian community here, a statement said on Thursday.
India’s Ambassador Sanjay Bhattacharyya hoisted the national flag at India House and read out the address to the nation by President Pranab Mukharjee. 
“I am very enthused by the fact that a lot of Egyptians showed active interest in this event… people have been very excited about the significance of this event. I think our Egyptian friends see a close connect between our traditions and theirs,” Bhattacharyya said. 
He said the year 2016 will be even more exciting with a busy calendar of high-level exchanges, business meets and cultural events.
Egypt has traditionally been one of India’s most important trading partners in the African continent. The year 2015 has seen more intense political cooperation between two countries with regular interactions at leadership and Ministerial level.
The India-Egypt Bilateral Trade Agreement has been in operation since March 1978 and is based on the Most Favoured Nation clause. Their bilateral trade has increased more than five times in the past ten years.

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