India welcomes Mubarak''s decision to step down

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New Delhi, Feb 11 (PTI) India today welcomed EgyptianPresident Hosni Mubarak''s decision to step down and thecommitment of the Supreme Council of the Armed Forces toensure a peaceful transition of power in a time-bound manner.

"We welcome the decision of President Mubarak to stepdown in deference to the wishes of the people of Egypt,"External Affairs Minister S M Krishna said in a statementwhile reacting to the development in Egypt.

He said: "We also welcome the commitment of theSupreme Council of the Armed Forces to ensure a peacefultransition of power in a time-bound manner to establish andopen a democratic framework of governance."

Noting that India had traditionally close relationswith Egypt, he wished the people of Egypt peace, stability andprosperity.

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