ABOUT THE U.S.-EGYPT BUSINESS COUNCIL

Background

The U.S.-Egypt Business Council (USEBC) is the foremost advocacy organization representing America’s leading companies doing business with Egypt. The council is made up of senior executives of U.S. companies from every business sector that are major investors in Egypt.

The USEBC is led by a board of directors and administrated by an executive director. G. Steven Farris, CEO of the Apache Corporation, is the chair of the USEBC. Curt Ferguson, President, North & West Africa, The Coca-Cola Company, and Tom Walter, Chairman, Exxon Mobil Egypt, serve as vice chairs.

The USEBC is part of the U.S. Chamber of Commerce. The USEBC has full access to the Chamber’s corporate affairs office, congressional and legal affairs divisions, and various other Chamber institutes and entities. This access can be used to leverage council policies, programs, and initiatives.

The council furthers its mission and members’ interest through an extensive schedule of programs, outreach to Egyptian and U.S. government officials and business leaders, and frequent events and publications.

USEBC Mission

The mission of the USEBC is to serve as the premier vehicle for advancing the bilateral commercial relationship between the United States and Egypt and to promote the economic and political relationship at the highest levels of government and business in both countries. It is the leading organization located in Washington, D.C., advocating on behalf of American companies doing business with Egypt.

U.S. Presence

The USEBC, located within the U.S. Chamber of Commerce, is the premier organization advocating on behalf of American companies’ interests in Washington, D.C. Members of the USEBC meet regularly with the U.S. Ambassador to Egypt and other high-ranking U.S. officials.

During the Business Leaders Forum, council members meet with members of Congress, administration officials, senior representatives in the departments of commerce, energy, state, and defense, Office of the United States Trade Representative, Overseas Private Investment Corporation, and the Export-Import Bank, among others, as part of the council’s ongoing partnerships with government offices.

The USEBC works closely with the Egyptian Embassy to the United States to organize business forums and events with senior Egyptian and U.S. government officials. These events are held not only in Washington, D.C., but throughout the United States. The council also works closely with the U.S. Embassy in Egypt to promote bilateral commercial linkages.

Egypt Presence

The USEBC works closely with its counterpart organization in Egypt, the Egypt-U.S. Business Council, through biannual meetings of both organizations and seven joint subcommittees. The subcommittees focus their collective efforts on advocating greater access for each of the seven USEBC goals and policy priorities.

The USEBC partners with organizations working in Egypt to promote council priorities and monitor ongoing economic, legislative, and political developments impacting member interests. USEBC officials regularly conduct policy missions to Egypt to advance members’ priorities in meetings with senior Egyptian officials and business leaders.

USEBC members have had an opportunity to meet with the prime minister of Egypt and Egyptian ministers of finance, trade and industry, investment, petroleum, electricity, energy, and communications and information technology, among others.