New Oppprtunities in changing MENA region

Tunisian-American Chamber of Commerce (TACC), Chair of Mena, hosted recently the annual conference held by The Regional Council of AmCham Mena (American Chamber of Commerce ) on the theme "New opportunities in a changing MENA region." . The event attracted a lot of participants from different Arab countries, international experts and Tunisian businessmen.it discussed the impact of economic integration in the MENA region on the growth of interregional investment, agri-business in the MENA region, the role of private equity in the growth and sustainability of SMEs .

The Vice President Mena of the American Chamber of Commerce, Mr. Lionel Johnson, declared that the essential goal of the partnership US-MENA regions is to establish a favorable environment with a particular legal framework incentives and tax policies favorable to investment .He pointed also that government should take in consideration the the political and social transitions take and needs to be assisted to manage these changes, by the actors of civil societyAmong the major challenges facing the country today is finding appropriate solutions to overcome corruption, protect the rights of citizens and investors and ensure political stability and social necessary for economic development. There are now challenges and obstacles to overcome in the MENA region, this is why U.S. is trying to support this transition without fall into the interference in internal affairs

The president of TACC ( Tunisian American Chamber of Commerce ) Ms. Amel bouchamaoui Hammami mentioned that there still a lot of difficulties that cramp the development of cooperation between the countries of the MENA region and the U.S and this meeting will highlight them. One of the major changes that MENA require is policies and economic ledearship wich lead to a major development opportunities The tacc’s president mark,that a greater corporation and constructive exchange will be very beneficial for both parties . she also believe that it is important to eliminate the barriers that avert the development and interreginal trade including the lack of a regulatory framework and incentive barriers that continue to block trade, failures related to infrastructure and lack of inter-line direct sea and air .. she also consider that the investment partnership should be encouraged especially with neighboring countries because if the governments of the region diversify investment partnership it will be very profitable for the region.

-Mariem Derouiche-

Posted in: All econimics