Manmohan Singh and Mubarak held talks on a wide range of issues Tuesday, among others, the issues of anti-terrorism, food and energy security, global financial crisis and the peace process in the Middle East.
After the talks, the two countries signed a crucial agreement on cooperation of outer space.
Indian Commerce Minister Kamal Nath signed an accord on trade and technical cooperation with his Egyptian counterpart Engineer Rasheed Mohamed Rasheed - a move aimed at accelerating sluggish economic ties between the two countries.
The two sides also signed a memorandum of understanding on abolishing visa requirements for holders of diplomatic, special and official passports from either country. Another MOU on enhancing cooperation in the fields of health and medicine was also inked.
"The visit has opened a new chapter in our relations. We have both agreed that all conditions are ripe for transforming relations to correspond to contemporary realities," Manmohan Singh underlined while lauding the Egyptian leader as "a great statesman and a highly respected world leader".
Mubarak arrived here on Sunday for a four-day visit.
