Global Trade Matters, an independent for-profit private sector think tank, was created in 2005 in order to broaden the discussion about economic policies to include the interests of the private sector, and the intellectual classes while ensuring the enhancement of the underprivileged. Global Trade Matters conducts research and engages in advocacy in areas such as social, economic and political policies. Its expressed aim is to promote national economic development in a sustainable and socially balanced manner.
Global Trade Matters strives to promote “economic education” of the general public and the private sector while identifying and advocating efficient economic policies through studies, researches, conferences, roundtable discussions, open debates, seminars, publications and digital media.
Its areas of interest include different topics such as fiscal and economic policies, international affairs, global trade and investment, global competitiveness, illegal migration, job creation and regional economic integration through the Arab Peace Initiative.
Through Global Trade Matters you and your organization can access an extensive network of local and international CEOs, top executives, thought leaders, academics, senior diplomats and senior government officials from all over the world.
Over the years Global Trade Matters has strived to bridge the gap between the theory and practice by initiating and investing in social projects which have positively impacted the lives of tens of thousands of low income households across Egypt.
In 2015 Global Trade Matters established the Global Trade Matters Center at Smart Village Egypt’s leading Business and Technology Hub. The Center is located in a 5,800sqm state of the art conferencing and training facility and is led by Dr. Esmat Kamel (PhD. International Economics – Trade and Regional Integration – Autonoma University, Spain)
Current Policy Issues
Illegal Migration & Job Creation:
Global Trade Matters collaborates with international organizations, educational institutes and think tanks from Europe to address issues regarding illegal migration and job creation, from and in Northern Africa. Meetings with the Laboratory of Mediterranean Studies of the European Journalism Observatory at the Università della Svizzera italiana, in collaboration with the Fidinam Foundation in Switzerland aim at identifying the role of the private sector in creating new sustainable jobs in Egypt, Morocco, Tunis, Libya and Algeria – moving away from the traditional European model of “Aid and Trade” to ‘Creating Shared Value” between the Mediterranean countries in order to balance between the emerging and developed market trends, as well as the different socio-economic consumer dynamics.
Regional Economic Integration:
Global Trade Matters collaborates with international organizations, educational institutes and think tanks from around the world to push forward the main theme of the Arab Peace Initiative which was re-endorsed at the 2017 Arab League summit promoting peace based on justice and equity. The Chatham House (The Royal Institute of International Affairs), the world’s leading independent think tank, initiated the first phase regional integration meeting where twenty-two participants convened for two and a half days in May 2017 in London to assess the potential for increased regional economic growth rates, commercial and trade opportunities and the employment and development benefits that would accrue to all the populations of the Middle East if the Arab Peace Initiative (API) was to be implemented. A follow up meeting of core participants will be convened in the region (Jordan) in September to discuss in more detail the scope of a full ‘regional economic diplomacy’ project and actionable strategy.
In collaboration with the Commercial International Bank (CIB), Egypt’s leading private sector bank, Global Trade Matters launched the Compete Egypt Private Sector Initiative in 2016 with the objective of enhancing the Global Competitiveness Dialogue in Egypt and improve the nation’s ranking on the World Economic Forum’s (WEF) Global Competitiveness index (GCI). Global Trade Matters has engaged with international organizations, private sector companies and foreign governments with the aim of sharing competitiveness based knowledge, experiences and knowhow, expanding the understanding and building new capacities for a more globally competitive Egypt. Global Trade Matters’ competitiveness based conferences and meetings have hosted global leaders and experts in competitiveness such as the Honorable Deborah Wince Smith – President of the Global Federation for Competitiveness Councils to engage with the Egyptian business community and further promote the importance of global competitiveness. The compete Egypt Initiatives has set a target ranking of 99 on the Global Competitiveness Index within the next two years.
Foreign Direct Investment:
In 2017, Global Trade Matters launched the “Demand Gap Initiative” with the objective of matching non-traditional investment opportunity with international investors and funds. The Government of Egypt has undertaken major economic reforms redefining the investment environment in Egypt with Billions of USD being invested in mega infrastructure projects paving the way for new investments and economic growth across the country. On the other hand thousands of factories remain closed and small and medium businesses lack access to domestic or international finance. Startup and venture capital investors are limited in both reach and volume of investments and transactions. The Demand Gap Initiative identifies small to medium investment opportunities in Egypt which have potential for geographic expansion and international exports, then matches them to other small and medium businesses in different countries or with start-ups and venture capital from abroad. The initiative also indentifies opportunities available through international organizations directed towards investment in Egypt. Global Trade Matters works closely with diplomatic missions in Egypt to facilitate the networking process and identification of potential investment opportunities in Egypt.