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Sunday, 26 March 2017

Sisi visit to Washington strictly political?

The agenda for President Abdel-Fattah El Sisi’s visit in April to Washington will be purely political, unnamed government sources tell Al Masry Al Youm. It is unlikely that a business delegation will accompany El Sisi on the visit, the sources say, and the newspaper quotes Egypt-U.S. Business Council chairman Omar Mohanna as noting there are no plans now to organize a delegation of investors to accompany the president to DC.

On a related note: Investment Minister Sahar Nasr met with representatives of major US companies operating in Egypt, according to a ministry statement, citing executives from companies including GE, IBM, Microsoft, Pfizer, Uber, and Pepsico. The meeting was “with the Egypt-U.S. Business Council (EUSBC) chaired by Omar Mohanna, in presence of representatives from the American Chamber of Commerce,” the statement said.

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