Egyptian Minister of Trade and Industry Eng. Tarek Kabil said that the economic reform program currently being implemented by the government، takes into account carrying out a number of social policies that promote social justice، maintain the fundamental principles and rights at work and contribute to achieving balance between economic growth and social progress. This came during a meeting، held with the Guy Ryder، director general of the International Labour Organization (ILO)، on the sidelines of his visit to Geneva to take part in the World Trade Organization (WTO)'s trade policy review meetings.
The periodical meetings kicked off on Tuesday and run for three days at the organization's headquarters and with the participation of all 164 members. During the meeting، He discussed all ways and means of enhancing joint cooperation between Egypt and the ILO during the current and coming phases. The meeting was attended by Ambassador Alaa Yousef، Permanent Representative of Egypt to the European headquarters of the United Nations and international organizations in Geneva.
The minister also said that the meeting tackled promoting cooperation between the Ministry of Trade and Industry and the International Labour Organization with a view to creating more job opening s and encouraging entrepreneurship. He pointed out to the importance of expanding the partnership between the ministry and the “ILO” especially in boosting Egyptian exports through drawing up some several programs، including turning the nonofficial sector to an official sector، institutionalization of small، medium and micro enterprises، sustainability of entrepreneurship and empowerment of women and youth.
During the meeting، Kabil also reviewed the unprecedented Egyptian economic and social reforms، which came into action at a short period، despite the major challenges facing the Egyptian economy. These reforms include reducing the trade deficit and liberalizing the exchange rate of the Egyptian pound، developing the infrastructure، establishment of new roads and new power plants to increase electricity for consumer and productive purposes For his part، Director General of the International Labor Organization (ILO)، Guy Ryder، praised the positive developments currently being witnessed by Egypt، pointing out to the government comprehensive economic reform program which contributes to promoting the Egyptian economy’s regional and international competitiveness. He pointed out that Egypt's achievements in economic and social fields during this short period prove that Egypt is on the right track.