Ramsco's Women Empowerment Initiative Recognized Among Top BRICS Businesswomen Practices for 2025    Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    Gold prices end July with modest gains    Pakistan says successfully concluded 'landmark trade deal' with US    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Rafah Crossing 'never been closed for one day' from Egypt: PM    I won't trade my identity to please market: Douzi    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt's EHA, Huawei discuss enhanced digital health    Egypt, Oman discuss environmental cooperation    Egypt's EDA explores pharma cooperation with Belarus    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Economic ties can improve US-Arab relations, say experts
Published in Daily News Egypt on 21 - 11 - 2007

CAIRO: "It is difficult to change US public opinion of the Middle East, [and] the opposite is also true, said Amr Moussa, secretary-general of the Arab League.
"The main problem is that we do not see eye to eye on many issues. There is suspicion and tension [from both sides].
Moussa's remarks were made during the fourth annual meeting of the Arab Business Council (ABC) of the World Economic Forum - an initiative formed by top Arab CEOs in 2003 to advance economic and governance reform agenda through collaborative partnerships between business leaders and governments.
While searching for common ground for US-Arab relations post 9/11, political and business experts agree that there was a loss of public support in the process.
Moussa referred to the US policy towards the Arab-Israeli conflict, which he described as being one-sided and biased towards Israel. "It does not only cause tension, but it also changes the image of the US in the Arab world.
He stressed the need to eliminate US double standards towards the Middle East and Israel in terms of nuclear programs. "We do not [understand] a policy that tells us there are good nuclear programs and bad ones. They tell us that the one in Israel is good and the one in Iraq is bad.
For any policy to be successful, he said, public opinion must be positive. "But the US policy lost the public opinion in the Middle East. We do not understand nor appreciate the way the nuclear issue is being dealt with.
Arab nations would not stay behind and wait while Israel possesses a strong nuclear program, he added.
"Either Israelis [get included in the equation], or there will be nuclear programs replicated in the region, and Iran is one example.
The second reason he gave for a heightened tension in relations was the US-led invasion of Iraq. "In my opinion, and I will continue to say, it was a wrong decision to invade Iraq. It opened the gates of hell.
He explained that without national consolidation, a new Iraq would not be created. "The US can participate in that and help us, Arabs, in creating a new Iraq. [but it first] has to accept that Iraq is an Arab country.
Still, Moussa said, it is not impossible to change that negative image of US-Arab relations. "We can do it together if we have strategic dialogue that [puts] us on the right track.
On the other end of the spectrum, there exists a tenuous image of the Arab world in the US, which is, as experts explain, triggered by lack of knowledge and understanding.
"Your image still suffers when you do not have freedom of speech and at the same time allow fatwa to kill Americans, said Les Janka, vice president of NCS Operations in Saudi Arabia. "Lots of work needs to be done on both sides.
The silver lining, however, is that relations can be improved by enhancing economic ties and investment relations.
"In this area, business can play a key role because it brings people in direct contact, and mutual interests come to play, Janka clarified. "Nothing changes US perception more than coming to the region.
He emphasized the importance of establishing chambers of commerce that stand ready to promote economic and business relations, mainly in trade and investment.
However, just as business can affect politics, financial and economic relations can be vulnerable to unstable political situations.
"Politics can make business more difficult. Conflicts in Iraq, Guantanamo Bay, and Abu Ghraib can complicate businesses, said David Hamod, president and CEO of the National US-Arab Chamber of Commerce. "Similarly, issues like intellectual property rights, promoting governance, and enhancing transparency affect US business relations.
On that note, speakers explained that economics and politics are closely linked.
"Economic reform goes hand in hand with political reform, said Mohamed Kamal, head of the youth committee at the National Democratic Party. "Democracy is the right form for economic development. Foreign investors are not only attracted by cheap labor, but also by transparency of legislation and taxation, ease of doing business, and so on.


Clic here to read the story from its source.