A delegation of private sector representatives will begin its annual visit to Washington on Sunday for AmCham Egypt’s door-knock mission.
Over the course of five days, the 36 delegates are scheduled to meet with members of the US Congress, administration officials, think tank representatives, media, and leaders from the US business community.
"This visit coincides with the 40th year anniversary of the inauguration of the US Egypt Business Council, marking the beginning of a new phase in the bilateral partnership. Additionally, it comes at a time when the US administration has recently reiterated its interest in building stronger partnerships in the Middle East, and where Egypt is well positioned to maintain its leading role as a key ally and partner,” American Chamber of Commerce in Cairo (AmCham) President Tarek Tawfik said.
He added that during their meetings, delegates will promote dialogue on important commercial issues and share their perspective on topics of bilateral importance.
They will highlight the impact of the economic reform measures on different sectors and the investment opportunities available for US businesses in Egypt.
Omar Mehana, chairman of the Egyptian-American Business Council, said that financial indicators in Egypt had improved significantly with the continued commitment of the government to achieving economic and financial reform. He added that the economic and legislative reforms taken by Egypt have made the investment climate more attractive.
Hesham Fahmy, CEO of AmCham Egypt, said that an advisory board is currently being formed for the Chamber's branch in Washington, which includes a number of the most important American figures with expertise and reputation in the US decision-making circles, He added that the council is targeting to increase investment and trade exchange between the two countries.