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Abou El-Enein: Everyone Rallying around Sisi to Build New Republic… It Is Time to Invest in Egypt
Parliament Deputy Speaker Mohamed Abou El-Enein participated in the 31st Arab-U.S. Policymakers Conference in Washington. It was organized by the National Council on U.S.-Arab Relations (NCUSAR).
The conference was attended by a large number of members of Congress, Arab ambassadors, a number of current and former Arab and American ministers, leaders of think tanks and the media.
Abou El-Enein gave a speech, during a special session on Egypt. It was attended by Patrick Mancino, Executive Vice President for the National Council on U.S.-Arab Relations, and Prince Turki AlFaisal, Founder and Trustee of the King Faisal Foundation and Chairman of the King Faisal Center for Research and Islamic Studies.
It was also attended by John Pratt, Chairman of the National Council of US Arab Relations, and John Duke Anthony, Founding President and Chief Executive Officer of the National Council on US-Arab Relations (NCUSAR).
Abou El-Enein was the main speaker in this session and the session witnessed great interaction among the attendees. The session praised the achievements of President Abdel Fattah El Sisi at the internal and external levels.
During the session, it was confirmed that Egypt has provided during the past seven years a role model in restoring stability and moving forward in the path of development in light of a world hit by successive crises.
The Parliament Deputy Speaker presented a documentary film that monitors the most important achievements that Egypt has achieved in order to build the new republic.
Abou El-Enein invited members of Congress, think tanks, and media professionals to visit Egypt and listen to parties, parliamentarians and intellectuals, speaking about the leap that Egypt is making in the field of promoting human rights, as President Sisi launched last year the first national strategy to promote human rights in Egypt.
Abou El-Enein referred to President Sisi’s great efforts to encourage the private sector and improve the business environment. He explained that the state has issued, in recent years, a package of policies and legislation that removes bureaucratic obstacles, enhances competition, protects intellectual property rights and stimulates priority sectors.
Abou El-Enein called on American companies to double their investments, taking advantage of the fact that Egypt is the largest local market. He noted that Egypt is also committed to free trade agreements with nearly half of the world’s countries, which have about 2 billion consumers.
The parliament deputy speaker affirmed that this is the time to invest in Egypt. He invited American companies to take Egypt as their gateway for production and export to the Middle East and Africa.
The Egyptian MP called for expediting the signing of an Egyptian-American free trade agreement and holding an annual Egyptian-American economic forum for investors to increase means of economic and trade cooperation and increase investments between the two countries.
The Egyptian MP stressed the importance of strengthening the role of the United States to solve the Grand Ethiopian Renaissance Dam (GERD) crisis. He pointed out that the United States has the key to resolving the crisis and has the ability to pressure Ethiopia to negotiate in good faith and with serious political will and within a specific time frame to reach a new agreement that achieves the interests of the three countries.
The Parliament Deputy Speaker warned that failure to take steps to settle the crisis portends new conflicts, given that the Nile for Egypt is the source of life for its people, and it is the source of 97% of water. He stressed that Egypt will not tolerate any existential threat to the lives of its citizens.