Egypt to hold international development conference by 2015

Prime Minister Ibrahim Mehleb and Minister of Finance Hany Kadry Dimian met US Secretary of the Treasury Jack Lew Monday, at the three day US-Africa summit in Washington DC.

Melheb praised Egyptian-US cooperation during the meeting, adding that Egypt could be the connection point between the US and Africa, given Egypt’s significant and historical presence in the continent. He also said that there is a wide space for “south-south” cooperation that Egypt can lead.

Mehleb said Egypt would organise a conference for all its development “partners” by the end of the year or the beginning of 2015. He added that he looked forward to the participation of American business circles, and to making use of the enormous development projects that will be presented during the conference and that are good investment opportunities for the US.

Mehleb said that Egypt is rich with manpower and economic resources, as well as investment opportunities that can be rediscovered.