The U.S. Chamber’s U.S.-Egypt Business Council in cooperation with the American Chamber of Commerce in Egypt, the Egypt-U.S. Business Council and the Embassy of Egypt hosted His Excellency, Abdel Fattah el-Sisi, President of the Arab Republic of Egypt, for a roundtable in New York City with U.S. CEOs and business executives to discuss opportunities for American companies in Egypt and the overall bilateral economic relationship.
President Sisi was accompanied by Sameh Shoukry, Minister of Foreign Affairs; Ashraf Salman, Minister of Investment; Dr. Khaled Hanafi, Minister of Supply and Internal Trade; Mohamed Tawfik, Ambassador of the Arab Republic of Egypt to the U.S.; and, Amr Aboulatta, Ambassador and Permanent Representative of Egypt to the United Nations.
Hosting the meeting were G. Steven Farris, Chairman, CEO & President of the Apache Corporation and Chairman of the U.S.-Egypt Business Council; Myron Brilliant, Executive Vice President & Head of International Affairs at the U.S. Chamber; and Tamara Lundgren, Chairman & CEO of Schnitzer Steel and Chairman of the U.S. Chamber’s Board of Directors. The Apache Corporation and VISA graciously sponsored the roundtable.
President Sisi made clear that supporting economic growth in Egypt and having American businesses investing and engaged in key mega projects is a priority for his Administration. He spoke of the many promising opportunities in Egypt, including expansion of the Suez Canal, and noted that they are working to create a more attractive environment for business and investment by reforming the laws and regulations governing capital, industry, real estate and labor.
The President’s encouraging message and clear invitation to American companies to invest and do business in Egypt set a very positive tone for our upcoming business mission in November.