Egyptian President Vows to Enhance Regional Economic Integration
Arab World
Cairo - Asharq Al-Awsat
Egyptian President Abdel Fattah El-Sisi has pledged to achieve his country's vision of deepening economic integration among the regional countries and speed economic recovery from the coronavirus pandemic. During his presidency of the 21st session of the Common Market for Eastern and Southern African Countries (COMESA), Sisi stressed the vital role played by the regional economic group to achieve sustainable development for member states. In his acceptance speech to the presidency of the COMESA gathering, Sisi stressed the necessity of joint efforts to confront the challenges in the region, noting that the global and regional economies have witnessed many developments since the last COMESA summit in 2018. The president indicated that the progress made in continental economic integration has also been accompanied by many challenges. Despite the efforts made to confront the coronavirus pandemic, the region is still suffering from its repercussions and the recovery is slow. He explained that the achievements demonstrate a true will and a firm determination of COMESA member states to realize "regional economic integration in the area, by adopting the best practices and policies to free trade among our countries, upgrade the infrastructure, achieve industrial development, and work toward attracting more investments to the region." "This summit came up with tangible results represented in the launch of the COMESA medium-term Strategy 2021-2025, which came as evidence of a clear and thoughtful vision by all member states to enhance cooperation in all fields." Sisi confirmed Egypt's full support and continued assistance to all the African peoples in their pursuit of achieving regional economic integration. "We have confidence in the strength and determination of the continent's peoples to lead their countries towards achieving peace, security, stability, and justice, being the pillars for realizing economic development." Sisi explained that the repercussions of the pandemic assert the importance of regional integration and joint action to confront it. He indicated that the joint market must develop a clear plan to create regional integration in the health sector and national policies to ensure easy access to medical and pharmaceutical products among member states. The president urged member states to increase awareness among the citizens of the COMESA region to benefit from the COVID-19 vaccines.
from Asharq AL-awsat https://english.aawsat.com/home/article/3322131/egyptian-president-vows-enhance-regional-economic-integration
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