Egypt seeks to boost ties with the US

Egypt's delegation to the World Economic Forum, at Davos that opens today will meet US Government Officials and representatives of the private sector on the event's Sidelines to review Egyptian economic policies, a government spokesman said yesterday.

The delegation, including Foreign Minister Amr Moussa and Minister of Economy and Foreign Trade Youssef Boutros Ghali, will discuss policies aimed at boosting economic growth rates and opening fresh prospects for exports.

Meanwhile, an Egyptian business delegation will offer the forum views on the expected role of the new US administration with regards to developing countries, noted Mohammed Shafiq Gabr, chairman of the Egyptian International Economic Forum. Egypt is one of many countries seeking to boost ties with the US as part of its plans to make the most of globalization.

FM Moussa will brief the forum on regional developments and urge the international community to support Palestinian rights and put the peace process back on track, Gabr said. Minister Ghali will offer an overview of the Egyptian economy and investment opportunities in light of the government's unprecedented incentives, he added.