Gamea: The government seeks
to strengthen regional cooperation in the field of competition policies, for the
mutual benefit of peoples in the Arab world.
Cairo-
Mar 23, 2021
Minister of Trade and Industry Nevine Gamea has delivered Egypt’s speech -via video conference-
at the opening of the second Competition Forum for the Arab Region, held in the
Lebanese capital Beirut on March 23-24.
Organized by the Organization for
Economic Cooperation and Development, the United Nations Conference on Trade
and Development, and the United Nations Economic and Social Commission for
Western Asia, the two-day event brings together a large number of international
organizations and Arab competition agencies.
Egypt is represented by Mahmoud
Mumtaz, head of the Egyptian Competition Authority (ECA).
“The Egyptian government attaches
great importance to strengthening regional cooperation in the field of
competition policies, in order to control market mechanisms and achieve mutual
benefit for peoples in the Arab world,” Gamea highlighted.
She said that this time of global
economic crisis requires concerted efforts and an exchange of visions by the
countries of the Arab region to face persistent challenges and achieve economic
integration in all fields.
The minister further added that the
Egyptian government seeks to increase the flexibility and competitiveness of
the economy, and, to that aim, has worked over the past years to enhance the
role of the ECA.