A call for fair international investment distribution at International conference
Regional-International, Economics, 5/2/2000

The annual conference for the International Chambers of Commerce is due to begin tomorrow in Budapest, Hungary.

The conference will discuss the future of the new world economy and its effects on the promising markets, especially concerning transfer of international investment, modern technology and data systems.

More than 1,500 officials, ministers and economy experts in international corporations are to participate in the conference.

Mohammed Shafik Gabr, head of Egypt's international forum, will participate in the conference with a paper concerning the importance of taking care of the interests and rights of the developing countries in distributing direct and indirect international investments.

He, said he will assert in his paper the importance of the developing industrial countries and making commitments to them to encourage them to adopt positive action regarding the globalization phenomena and to strengthen their economies in order to give them confidence of the benefits they will gain by joining the world economy.

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