AFEI representatives participated in the meeting of the CAEU technical committee which focused on the proposed scheme for promoting investment and trade in the Arab countries.
The meeting started with a speech of the CAEU General Secretary who mentioned that the government has been acting on behalf of the private sector and taking decisions that are not related to its needs for a long time, and it is no more effective for the government and the private sector to act independently of each others. HE emphasized that CAEU proposed scheme is meant to allow the private sector to express its needs and opportunities. He concluded by asserting that the scheme sets the basis for the private sector organizations and other stakeholders to get involved.
Among other hot topics was the paper on private sector role in financing SMEs in the Arab countries. The focus was on innovative options for financing that are effective and in line with the society values.