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Business monthly July 03
 
LETTER FROM THE EDITOR FEATURE EXECUTIVE LIFE
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I’d like to extend my gratitude and appreciation to AmCham Egypt members for taking part in the recent elections, as you did in unprecedented numbers.

I’ve had the honor of serving as AmCham vice president, as well as on the board of governors, sharing in the organization’s growth in some small way. As president, I hope to do more, as well as to build on the accomplishments of my colleagues and predecessors, who along with our excellent membership and management have earned AmCham the prestige it enjoys at home and abroad.

Elections are a funny thing – stressful but also rewarding. It’s not only the pride of being chosen for a big job by your respected peers. There’s also a special excitement that comes with the realization of responsibility to those who voted for you, and the obligation to justify their confidence and support. The campaign itself was a fruitful experience, not only because of the outcome, but also because of the many new encounters I enjoyed in the process, as well as the old friendships I had a chance to revisit. Staying in close touch with members of the community is one of the necessary and beneficial aspects of the democratic process – but so is the sense of accountability that election confers.

As one of the founders of the Egyptian Center for Economic Studies, this country’s first independent economic think tank, I know the value of knowledge sharing, of compiling real data and analysis, as well as the steps that must be taken to instigate legislative reform. AmCham Egypt has many similar functions, but important additional ones as well, like networking and outreach to the public and government. I’m a great admirer of our annual DoorKnock missions; in fact, their success suggests the need for greater frequency and intensified contact – especially now, as our voices abroad are few and our messages in need of constant reiteration. I hope to see more of AmCham’s young executives take part in this and other activities and help set the agenda, and, in so doing, acquire invaluable experience.

Egypt’s business community is about to enter a new era. The GATS agreement is on our doorstep, and if you thought that the agreement on products was important, the one on services will have an even greater impact. As a country rich in human resources, we should excel in the service sector and consolidate its role in our economy – but this will only come about through innovative thinking and hard work. I believe that AmCham is a great platform from which to launch the business community’s initiatives, to communicate and to build the consensus and mutual support we need.

I have no illusions about the difficulties facing businesses at this time. But I believe that AmCham Egypt has a role that far exceeds the representation of corporate interests. We would be remiss if we did not direct our collective resources towards improving Egypt’s economic future, as well as towards clarifying and maximizing the possibilities inherent in our relationship with America.

No one can ignore the necessity of interaction and cooperation, nor can we afford to underestimate the challenges confronting us at home and abroad as we seek to do our jobs. I only hope to do mine to the satisfaction of a demanding and participatory membership, and to serve our community and the economy at large.

Taher S. Helmy
President, AmCham Egypt

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