United States-Egypt Presidents' Council: Membership

DEPARTMENT OF COMMERCE

United States-Egypt Presidents' Council: Membership

ACTION: Notice of Membership Opportunity.

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SUMMARY: During his September, 1994 visit to Cairo, Vice President

Gore, on behalf of President Clinton, and President Mubarak announced a

``Partnership for Growth and Development''. This bilateral initiative

includes the establishment of the United States-Egypt Presidents'

Council. The purpose of the Council will be to provide a forum through

which American and Egyptian private sector representatives can provide

advice and counsel to their respective governments that reflect their

views, needs and concerns regarding private sector business development

in Egypt and enhanced bilateral commercial ties. The Council will

exchange information and encourage bilateral discussions that address

the following areas:

--Factors that affect the growth of private sector business in Egypt,

including disincentives to trade and investment and regulatory

obstacles;

--Initiatives that the Government of Egypt might take to promote

private sector business growth in Egypt;

--Identification and promotion of business opportunities in Egypt;

--Identifying further steps to facilitate and encourage the development

of commercial expansion between the two countries.

The U.S. section of the Council, chaired by the U.S. Secretary of

Commerce, will consist of ten primary members and five alternates, all

drawn from the private sector. They will represent the diversity of

American business with emphasis on: agribusiness and food processing,

tourism, banking and investment, pharmaceuticals, services, information

technology, electronics and other high technology industries, and

manufacturing industries. The Commerce Department is currently seeking

nominations of outstanding individuals to serve on the Council.

In order to meet eligibility requirements for membership, potential

candidates must be:

--a U.S. citizen residing in the United States;

--heads of private sector companies or, in the case of very large

private sector companies, heads of sizeable operating units, or heads

of non-profit organizations that have a unique technical expertise and

outstanding reputation;

--not a registered Foreign Agent.

In reviewing eligible candidates, the Commerce Department will

consider such selection factors as:

--experience and interest in the Egyptian market;

--industry or service sector represented;

--export/investment experience;

--contribution to diversity based on industry sectors, company size,

location, and demographics.

To be considered for membership, please provide the following: name

or names and title(s) of the individual(s) requesting consideration;

name and address of the company or organization sponsoring each

individual; company's product, service or technical expertise; size of

the company; export trade, investment, or international program

experience and major markets; and a brief statement of why the

candidate(s) should be considered for membership on the Council.

DATES: In order to receive full consideration, requests must be

received no later than: January 20, 1995.

ADDRESSES: Please send your requests for consideration to Thomas Sams,

Egypt Desk, Office of the Near East, either by fax on 202-482-0878 or

by mail to Room H-2029B, U.S. Department of Commerce, Washington, D.C.

20230.

FOR FURTHER INFORMATION: Contact Tom Sams, Office of the Near East,

Room H-2029B, U.S. Department of Commerce, Washington, D.C. 20230.

Dated: December 21, 1994.

Cherie Loustaunau,

Acting Director, Office of the Near East.

[FR Doc. 94-31911 Filed 12-27-94; 8:45 am]

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