06/04/2003
Al-Wafd Newspaper 2003/APRIL /06
The German-Arab Chamber of Industry and Commerce has called for an immediate unification of customs systems among Arab countries. Dr. Nader Riad explains why he strongly backs this idea and what Egypt, for its part, should do to curb unemployment. (Available in Arabic – German in PDF )
The German-Arab Chamber of Industry and Commerce has called for an immediate unification of customs systems among Arab countries. This would be part of a comprehensive plan of action to establish a free trade area among these states. According to Dr. Riad, the chairman of the Chamber’s Industry Committee, such a step would maximize Arab countries’ common benefits. He believes this should be prompted by the current major shifts on the international arena, which are mainly based on liberalization. Dr. Riad also touches on the main steps Egypt should take to face the problem of unemployment.