Building for the Future: Realizing Economic Transformation Beyond COVID-19
The Regional Council of American Chambers of Commerce in the Middle East and North Africa’s two-day conference, titled “Building for the Future: Realizing Economic Transformation Beyond COVID-19”, began on Monday, March 15, 2022, in Amman.
The conference, held at the St. Regis Amman by the American Chamber of Commerce in Jordan, aimed to focus on the partnership between the business communities in the Middle East, Africa, the Arab Gulf states, and the United States in order to accelerate economic recovery and support economic reforms toward inclusive and sustainable economic growth.
The topics discussed by participants included developments in health care Services, the pharmaceutical industry, digitization, the technology and innovation sector, the need to enforce transportation and logistics services, workplace development, and ways to increase female economic participation and business financing.
The first day’s sessions covered a variety of topics, including the use of trade relations in the Middle East, Africa, and the United States to support economic growth; investment in future health care; accelerating growth through digitization and innovation; and the impact of free trade agreements with the United States of America on the economies of Middle Eastern and African countries.
The conference’s second and final day, Tuesday, focused on the private sector’s role as a major driver of economic growth, innovation, and job creation, particularly in light of the unprecedented challenges posed by the pandemic, which call for enabling policies and programs that support comprehensive development and focus on meeting the needs of individuals and the environment.
In addition to economic diversification, the hybrid conference brought together presidents and representatives of the US Regional Chambers of Commerce, the US Chamber of Commerce, private sector figures, government officials, US administration officials, and international financial institutions to discuss how to build business on regional trade relations, identify new investment opportunities, and focus on the important sectors whose role has emerged during the pandemic.
