A limited-number delegation of Board Members from AmCham Egypt and the Egypt-U.S. Business Council visited Washington D.C. for a week-long mission following their activities in New York associated with the opening session of the UN General Assembly, where a special CEO Roundtable was hosted in honor of President El Sisi by the U.S. Chamber of Commerce in conjunction with AmCham Egypt and the Egypt-U.S. Business Council (EUSBC) on September 21st.
During the mission, delegates were eager to share information about Egypt's economic reform program and the recently-negotiated agreement with the IMF, encouraging broad support for the IMF package from U.S. officials and policymakers. They also communicated the message that Egypt and the United States share important objectives and interests in the Middle East region and that Egypt remains America's most steady and reliable partner in the turbulent region.
The delegation met with Executive Branch officials from The White House, The U.S. Department of State, Department of Commerce, The Department of the Treasury, United States Trade Representative (USTR), United States Trade Development Agency (USTDA), Ex-Im Bank and the Overseas Private Investment Corporation (OPIC), as well as senior officials from prominent think-tanks. In Congress, the delegation met with senior staff of major committees that are relevant to Egypt. Other meetings were held with senior representatives from multilateral institutions including the IMF and the World Bank.
The delegation called for the pursuit of policies that strengthen the bilateral relationship and discussed with relevant US Government agencies as well as officials at think tanks and business organizations the trade and investment opportunities Egypt offers and the positive impact that Egypt's economic reforms will have on the business and investment climate.
Overall, the delegation were pleased to sense a universal support for the proposed IMF package and Egypt's associated economic reform program from every U.S. Government official with whom they met.
The mission is part of a sustained effort by AmCham Egypt through its mirror organization in the U.S., AmCham Egypt Inc. and the Egypt-U.S. Business Council (EUSBC) to maintain dialogue with Egypt's many friends and supporters in Washington and as a follow-up to larger annual Doorknock missions organized each spring.