WASHINGTON, D.C. — Today, the U.S. Chamber of Commerce’s President and CEO Suzanne Clark hosted the Prime Minister of Egypt H.E. Mostafa Madbouly for a virtual roundtable celebrating a century of U.S.-Egypt relations and pledging continued cooperation between the two countries, especially in achieving global climate and energy solutions. H.E. Prime Minister Madbouly and Suzanne Clark were joined by key Egyptian officials as well as business leaders from the U.S. Chamber’s U.S.-Egypt Business Council, including John Christmann, the chair of the Council and President and CEO of Apache Corporation.
As U.S. Chamber President Suzanne Clark expressed in her remarks,“We look forward to bringing more U.S. businesses to Egypt to explore the economic and environmental benefits private sector technologies and services can offer.
“The American business community is committed to supporting Egypt’s aspirations to be a regional hub for energy—and to help to meet the imperatives of both energy security and energy transition. The U.S. Chamber and this council look forward to partnering with the Egyptian government in this effort—as well as other initiatives related to digital transformation, health care, and more.
“So, as we celebrate one century of diplomatic ties between our two nations at this critical moment for the world, we do so with a fierce commitment to ensuring the next 100 years create even more opportunity and prosperity than the last.”
With Egypt serving as the host to the United Nations Climate Change Conference in November, today’s roundtable comes amid deepening collaboration between the U.S. Chamber and Egypt in confronting the climate challenge and increasing access to reliable, affordable energy needed for economic growth and development. Notably, Foreign Minister Sameh Shoukry both joined the U.S. Chamber and U.S. Presidential Envoy for Climate John Kerry at the Chamber’s “Building Momentum to COP27” forum held in January.
Last week, the U.S. Chamber, in partnership with the American Chamber of Commerce in Egypt, led a GreenTech Business Delegation to Cairo to explore investment opportunities in Egypt’s green economy. The Delegation connected 75 business executives from 40 companies with a host of Egyptian ministries and companies. The U.S. government was also well represented with representatives from seven U.S. agencies. During the visit, two private sector MOUs were signed, with additional opportunities in development.
The U.S. Chamber will also play a leading role in organizing the business community’s participation in COP27 in Sharm El-Sheikh, Egypt.
About the U.S.-Egypt Business Council
The U.S.-Egypt Business Council is the leading advocacy organization representing America’s top companies conducting business in Egypt. Launched in 1979 by President Jimmy Carter and President of Egypt Anwar Sadat at the U.S. Chamber of Commerce, the USEBC, which is comprised of senior executives of U.S. companies from every major business sector investing in Egypt, has played a crucial role in strengthening the economic alliance between the two nations.
