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Regional, Multilateral and Bilateral Trade Opportunities

AmCham hosted a special luncheon on April 18 with the Honorable William Archer, United States congressman (R-Texas) and chairman of the House Ways & Means Committee. Archer came with a bipartisan delegation including seven other members of Congress: Nancy Johnson (R-Connecticut); Amo Houghton (R-New York); Rob Portman (R-Ohio); Phil English (R-Pennsylvania); Robert Matsui (D-California); Jim McDermott (D-Washington); and John Tanner (D-Tennessee).

The topic of the discussion was "Regional, multilateral and bilateral trade opportunities," and the format - an off-the-record meeting, with one congressional delegate to a table along with guests with an interest in his or her particular state - ensured that discussions, though informal, remained firmly focused on business.

All of the delegates are active participants in congressional committees, and several are members of the Ways & Means Committee, widely regarded as the most powerful organ of the U.S. House of Representatives. The committee's jurisdiction includes federal revenue measures - including American assistance to Egypt - as well as the bonded debt of the United States, the deposit of public monies and national social security. Of critical importance to the Egyptian business community, the committee is also responsible for the drafting of reciprocal trade agreements and legislation pertaining to trade and tariffs and the administration of customs districts and ports.

After an address by Congressman Archer, guests had the opportunity to submit questions pertaining to the U.S.-Egypt economic partnership and the workings of the U.S. Congress. The event also provided a forum for face-to-face networking between parties with far-reaching common interests in trade between the two countries.

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