India welcomes Mubarak's decision to step down

New Delhi, Feb 12 (ANI): India has welcomed Egyptian President Hosni Mubarak's decision to step down and the commitment of the Supreme Council of the Armed Forces to ensure a peaceful transition of power in a time-bound manner.

"We welcome the decision of President Mubarak to step down in deference to the wishes of the people of Egypt," External Affairs Minister S.M. Krishna said in a statement.

"We also welcome the commitment of the Supreme Council of the Armed Forces to ensure a peaceful transition of power in a time bound manner to establish an open and democratic framework of governance," he said."

"We are proud of our traditionally close relations with the people of Egypt and wish them peace, stability and prosperity," he added.

Mubarak resigned as the president of Egypt and has handed over power to the country's key military council (ANI)