<h1>India and Egypt Set $12 Billion Trade Target in 5 Years at Joint Trade and Business Meetings in Cairo.</h1> The 5th sessions of the India-Egypt Joint Trade Committee (JTC) and Joint Business Council (JBC) were held in Cairo on July 25-26, 2022, after several years. The meetings aimed to enhance trade and investment ties between India and Egypt, setting a bilateral trade target of USD 12 billion within five years. Key areas of focus included agriculture, renewable energy, pharmaceuticals, and IT services. Both sides agreed to resolve non-tariff barriers and expedite discussions on Memorandums of Understanding (MoUs) in standards, IT, and transport. The meetings were marked by a strong interest in expanding economic relations post-pandemic.