RELATED:The Egyptian army’s invisible handEisa said the main purpose of his trip to Washington was to assure the US government and global companies Egypt would continue a business-friendly environment as it writes a new constitution and then holds a presidential election in June. "No change in policies. No change in anything," Eisa said, referring to the country's economic agenda.Much of Egypt's economy has been on hold since its military-backed government rejected a $3 billion finance offer from the International Monetary Fund in June.Investment has largely dried up as a slide in foreign reserves threatens a currency crisis and as the policies of democratically elected government due to replace the army remains uncertain.
Egypt open to free trade talks with US
Cairo's trade minister courts badly needed US investment with a promise Cairo would maintain open markets.
RELATED:The Egyptian army’s invisible handEisa said the main purpose of his trip to Washington was to assure the US government and global companies Egypt would continue a business-friendly environment as it writes a new constitution and then holds a presidential election in June. "No change in policies. No change in anything," Eisa said, referring to the country's economic agenda.Much of Egypt's economy has been on hold since its military-backed government rejected a $3 billion finance offer from the International Monetary Fund in June.Investment has largely dried up as a slide in foreign reserves threatens a currency crisis and as the policies of democratically elected government due to replace the army remains uncertain.