COMESA Summit due in Cairo Tuesday
Egypt-Regional, Economics, 5/19/2001

Egyptian President Hosni Mubarak will deliver a keynote speech before the Common Market for Eastern and Southern Africa (COMESA) Summit due in Cairo on Tuesday. President Mubarak will chair the COMESA for a year.

Furthermore, Prime Minister Atef Ebeid will inaugurate Sunday noon the Ministerial Council of COMESA.

Egypt's Ambassador in Zambia and Chief Delegate to COMESA Abdel Ghafar el-Deib said that an Egyptian hospital will be opened soon in Lusaka to serve patients in South African areas.

"Mubarak Hospital" will be operated by Egyptian staff in various specializations.

In statements to MENA on Friday, Deib said that the Japanese government agreed to fully finance the construction of the hospital. Then the hospital will be managed by Egyptian doctors.

Likewise, a $ 200,000 Japanese-funded outpatient clinic operated by Egyptian doctors was previously built in Lusaka.

The Egyptian Ambassador, who chairs the COMESA commissioners, pointed out that the foundation stone of a commercial and cultural center will be soon laid down in Lusaka.

He called on Egyptian businessmen to benefit from investment opportunities in African countries through Egypt's membership in COMESA.

On the other hand, proceedings of the 11th COMESA session of the Ministerial Committee meetings closed down late Friday.

The final report, to be forwarded to COMESA trade ministers on Sunday, includes issues pertaining to trade, investment and the performance of COMESA's Organizations.

Members of the Ministerial Committee have reviewed means to implement a Free Trade Area (FTA) involving COMESA member states, which was approved in Lusaka on October 31.

"The COMESA free-trade area comprises Egypt, Sudan, Kenya, Zimbabwe, Mauritius, Djibouti, Madagascar, Comoros and Seychelles. Namibia and Swaziland are expected to join the FTA soon," according to Bous.

Previous Stories:
  Infrastructure of COMESA small-and-medium projects consummated   (5/16/2001)
  Mubarak inaugurates COMESA summit on 22nd May   (4/18/2001)
  Egypt, region's key to commerce, investment, stability   (4/27/2000)

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