On Sunday the 6th of May 2018, a meeting of the Standing Committee for Economic Affairs, chaired by Dr. Faeka El- Refai, Coordinator of the Committee was held in ECFA’s headquarters. Ambassador Dr. Mounir Zahran, President of the Council and Dr. Hafez Ibrahim, member of the Council participated in the meeting.
Where the meeting discussed the terms of reference of the Committee and the issues dealt with research and study, and then moved to discuss proposals of Dr. Ahmed Hafez, Board Member:
1) Egyptian Industrial Revolution.
2) Transforming the informal market into a formal market and enhancing the state revenues from service projects
3) Turn rice straw into paper
4) Rationalize the consumption of drinking water.
5) Linking postgraduate studies to the labor market, improving the performance of state companies and factories, raising the quality of education and rescuing troubled factories
6) Entrepreneurship and value chain – Egypt is an industrialized country.
7) Develop the health system and raise the quality of services provided, control the drug market and eliminate tax evasion.
8) Ionic precipitation of clouds and the provision of water deficit
9) System of real estate and financial inclusion and justice leap
On the third topic discussed, there are seven proposals submitted by Dr. Refai, “Coordinator of the Committee”:
1) Governance: its concept, standards, principles and relationship to diplomatic culture:
2) Energy, Sustainable Development and the Future of Energy in the Vision of Egypt 2030:
3) Climate changes: what preparations and the need for implementation throughout Egypt:
4) Local Government and Decentralization in Egypt:
5) The modern structure of the road system and its contribution to the development of investment in Egypt:
6) Environmental challenges and sustainable development and the role of the Ministry of Environment in Egypt:
7) Innovation and scientific research in the decisions of the Ministry of Industry:
In the end, it was agreed that the Economic Committee would meet twice a year, one in the second quarters and the other in the last quarter of the year, with the exception of any extraordinary meeting required, and the implementation of these activities before the end of 2018. These activities not implemented, will be included in the work plan of the 2019 Committee activities.
