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Al-Sisi heads to New York on Friday for 73 UN General Assembly session - Daily News Egypt

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Al-Sisi heads to New York on Friday for 73 UN General Assembly session

AmCham, USEBC organise meetings between president, US companies

President Abdel Fattah Al-Sisi heads to New York on 21-25 September to take part in the 73 round of the United Nations (UN) General Assembly sessions.

The president is expected to engage in several political dialogues with world leaders. It is expected that Al-Sisi will meet his American counterpart Donald Trump, and German Chancellor Angela Merkel, among others.

The Palestinian cause the peace process will top the meetings’ agenda, a matter that Egypt has been actively participating in along with Jordan, Saudi Arabia, and the US. Additionally, the Syrian, Libyan, and Yemeni conflicts will also be a focal point for Al-Sisi who will assert Egypt’s stance that a political solution is needed to solve such bloody disputes.

The migration issue will also be on the table in meetings between Al-Sisi and European leaders. Egypt has stressed in various occasions, events, and diplomatic meetings that it will not host refugee camps, but that it has welcomed refugees, and integrated them in its community since the start of the Syrian civil war in 2011.

Moreover, Al-Sisi’s visit will include meeting with US officials and Congress members as well as businesspersons, in Washington DC, to showcase Egypt’s latest efforts to improve the business climate and facilitate the ease of conducting business and the investment climate in the country.

On the Economic front, the President of the American Chamber of Commerce in Cairo (AmCham) Tarek Tawfik and the US-Egypt Business Council (USEBC) will organise a roundtable discussion between Al-Sisi and 15-20 global companies during his visit to the city of New York from 21-25 September.

Tawfik explained that the roundtable aims to hold an open dialogue on the economic reforms, and investment opportunities in Egypt with a number of international companies.

The meeting will be attended by the heads of AmCham in Egypt, AmCham Washington, and USEBC.

Tawfik said that Al-Sisi will respond to the queries of the companies and learn of their needs in an open environment.

Moreover, he added that the American business community views the economic reforms implemented in Egypt in a positive light.

“Procedural framework, institutional reform, and removal of bureaucratic obstacles is needed to achieve a leap in private sector, and investment attraction,” stressed the president of the AmCham.

The Federation of Egyptian Industries is leading an initiative with AmCham and the prime minister to develop a unified paper on the most important sectoral obstacles from the point of view of the private sector and its solutions, Tawfik revealed.

One of the most important issues addressed by this initiative is the amendments to the small and medium enterprises, bankruptcy, and labour laws, he noted.

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