New Zealand to Participate at the 4th Ambassadors’ Edition Global Competitiveness Summit in Cairo
His Excellency Greg Lewis, the Ambassador of New Zealand to Egypt has confirmed his participation at the” 4th Global Trade Matters Ambassadors’ Edition Global Competitiveness Summit” to be held in Cairo on the 9th of September 2019.
Last month Mr. Ashraf Mohamed Naguib, Chief Executive Officer of Global Trade Matters met with Hon Damien O’Connor Minister of Agriculture, Minister for Food Safety, and Minister of State for Trade and Export Growth of New Zealand during his visit to Egypt to explore new opportunities of cooperation between private sector companies from both countries.
Attending the meeting Ambassador Lewis confirmed New Zealand’s commitment to supporting stronger ties between his country’s private sector and Egyptian businesses through sharing of experiences and affording new opportunities for networking and cross cultural exchanges in the future.
The “Ambassadors’ Edition Global Competitiveness Summit” now in its fourth round has played a positive role in enhancing the competitiveness dialogue in Egypt, engaging with international partners and promoting cross borders cooperation between nations.
“So close not matter how far,” said Naguib. “New Zealand and Egypt enjoy a young but deep relationship and over the past 10 years or so we have seen significant growth in trade and investment between both countries. Hon O’Conner, HE Ambassador Lewis and I had very invigorating discussions on national and global competitiveness and having New Zealand take part in the upcoming Competitiveness Summit in Cairo will bring great added value to the Egyptian business community in attendance.” said Naguib.
According to the Global Competitiveness Report issued annually by the World Economic Forum, New Zealand is the world’s 18th most competitive nation in the world (out of 140 countries). Despite its small size, New Zealand still tops the rankings on the Institutions and Microeconomics pillars of the global competitiveness report, while raking 4th on both the Labor Market pillar and Product Market pillar respectively.
July 21 2019 – By Ibrahim Abou Hashish