Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    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    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    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.



US ambassador: Egypt “needs much more" to complete democratic transition
Published in Daily News Egypt on 11 - 02 - 2013

United States Ambassador to Egypt Anne Patterson said on Sunday that “for Egypt to complete its transition to a free democratic nation, it needs much more".
Speaking at the Rotary Club of Alexandria Mariout, Ambassador Patterson outlined the steps Egypt needs to take to become a democratic nation. This included strengthening civil society, political structures, and the economy.
Patterson called for the creation of a new NGO law that “clarifies the role of civil society" and establishes a “process by which these organisations can register themselves and protects their rights".
She also pointed out that Egyptian organisations can seek help from abroad and also learn from the experiences of other countries that have gone through a transition to democracy.
The ambassador stressed that the responsibility for developing Egyptian civil society “does not rest solely with elected officials". She said that activists should focus their energy on forming respected political institutions that will “restrain leaders or groups that might seek to impose their will". She believes that this can be achieved by forming political parties, electoral participation, and working to establish “grassroots support for their values".
She urged that the inclusion of all sectors of society “regardless of their faith, ethnic background or gender" is necessary “to build the future Egypt deserves". She asserted the importance of the participation of women in the workforce to speed up economic growth.
“Economic growth is something Egypt sorely needs," said Patterson. “It is difficult for democracy to survive alongside widespread poverty and a stagnant economy." She described the current economic crisis as a “bleak picture".
In order to kick-start the economy again, Patterson urged for negotiations with the International Monetary Fund (IMF) to come to a conclusion. She believes that an agreement with the IMF will act as a catalyst for investment in Egypt as it will increase confidence in the Egyptian market.
She also called for reform of the fuel and energy subsidies system, describing the current situation as “unsustainable". She believes this must be done through public debate.
Patterson believes Egypt's ailing economy needs “the government central bank to find a way to make financing for small and medium enterprises available and affordable".
Patterson's final recommendation for fixing the economy was for “Egypt to make peace with its past". She asserted that guarantees need to be made ensuring “investors are safe from arbitrary acts". By this she meant that people who invested in Egypt in the past should be treated fairly and not “threatened with jail or severe financial penalties years later", as this would deter other potential investors."


Clic here to read the story from its source.