Office of the Spokesperson
Department of State
Washington, DC
September 4, 2012
Following on the recent U.S. Government meetings on economic
assistance to Cairo, on September 8 Deputy Secretary of State Thomas
Nides will join the U.S. Chamber of Commerce and more than 100 U.S.
company executives as part of a delegation to promote private sector
development in Egypt. This trip will focus on the second part of the two
pronged economic diplomacy approach described by Secretary Clinton
during her visit to Egypt in July and it will identify new business
opportunities and partnerships for U.S. companies, express U.S. business
confidence in Egypt, and demonstrate a commitment to Egypt’s long-term
economic development.
The U.S. Chamber of Commerce, through its U.S. Egypt Business
Council, has organized the largest ever trade delegation to the region
with nearly 50 leading U.S. companies represented by more than 100
senior executives. The private sector delegation will be led by Lionel
Johnson, U.S. Chamber Vice President of Turkey, Middle East, and North
Africa Affairs, and Steve Farris, CEO of Apache Corporation, a private
Fortune 200 company with over $10 billion in investments in Egypt.
Deputy Secretary Nides and Deputy National Security Advisor Michael
Froman will lead the U.S. government delegation which includes Senior
Advisor to the Secretary John Podesta, and representatives from the
Department of Commerce, the United States Trade and Development Agency,
and the Overseas Private Investment Corporation.
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