CAIRO Acquistare Uomo Air Max 97 Bianche , Sept. 28 (Xinhua) -- Egypt's sharp rise in globalcompetitiveness ranking is the fruit of its economic reform,Egyptian Minister of Investment and International Cooperation SaharNasr said Thursday.
Addressing the opening session of the Middle East work group oninvestment held in Paris by the Organization for EconomicCooperation and Development (OECD), Nasr said Egypt jumped 15notches in the 2017-2018 Global Competitiveness Report of the WorldEconomic Forum, the Ministry of Investment and InternationalCooperation said in a statement.
Nasr also said that Egypt's ranking in the report'sinfrastructure index climbed by 25 places as a result of PresidentAbdel-Fattah al-Sisi's vision that focuses on building megainfrastructure projects Uomo Air Max 97 2017 Retro Marina Blu Vendita , including the Suez Canal Axis developmentproject and new administrative capital.
Nasr attributed the rise in Egypt's competitiveness, the biggestby Arab countries in the report, to the ongoing economic reform andEgypt's efforts to improve the legislative and institutionalframework of its investment environment.
Over the past years, Egypt has been suffering from an economicrecession due to political instability and security issues that ledto the decline of tourism Uomo Air Max 97 Ultra Nere Italia , foreign currency reserves and foreigninvestment.
The Egyptian government started last year a strict three-yeareconomic reform program, including the introduction of a fullcurrency floating to tackle a shortage of foreign reserves, inaddition to implementing austerity measures, fuel subsidy cuts andtax increases.
Egypt's reform program is supported by a 12-billion-U.S. dollarloan from the International Monetary Fund Acquistare Uomo Air Max 97 KPU Nere , a third of which hasalready been delivered to Egypt in two tranches in November 2016and July 2017.
Egypt is also about to issue a final version of a long-awaitedinvestment law that is expected to facilitate business startups andlure foreign investors. Enditem
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Members of the Asia-Pacific Economic Cooperation forum have agreed to begin moves to form a free trade area for the region, a senior official said on Friday.
It was widely agreed to continue to promote regional economic integration and begin the process of forming a Free Trade Area for Asia-Pacific, said Zhang Jun, director of the Department of International Economic Affairs at the Ministry of Foreign Affairs.
It was also agreed to further promote economic structural reform Uomo Air Max 97 KPU Grigie Vendita , facilitate innovation, and strengthen regional links to sustain economic development in the Asia-Pacific region, Zhang said.
These topics will be discussed in November at the APEC Economic Leaders Meeting in Beijing.
China began preparations for APEC meetings in December. The third senior officials' meeting and related meetings are ongoing in the capital.
Zhang said the Asia-Pacific region has the responsibility of being an engine for the world economy. Expectations for growth are higher than in previous years, while destabilizing factors and uncertainties remain.
""The important roles that some APEC members play in the world economy mean that the way in which they develop will enormously influence this economy Uomo Nike Vapormax Flyknit Rosse Nere Offerta ,"" he said.
""The great significance of the APEC Economic Leaders Meeting is that leaders will be able to build consensus on these important issues that will lead to future cooperation in the Asia-Pacific,"" Zhang said.
APEC's 21 members contribute about 57 percent of global GDP and 46 percent of world trade. The Asia-Pacific free trade area was proposed in 2006.
At the APEC Ministers Responsible for Trade Meeting in Qingdao, Shandong province, in May Uomo Nike Vapormax Flyknit Blu Bianche Italia , all sides agreed on the development of a road map for APEC's contribution to the free trade area.
Sheng Bin, director of the China APEC Academy at Nankai University in Tianjin, said the free trade area will have strategic significance as it will provide the possibility for the region's mega-FTAs converging.
The mega-FTAs are the United States-led Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership, steered by the Association of Southeast Asian Nations.
""China intends to win APEC members' consensus on starting the official feasibility study for the free trade area in 2015 and officially start negotiations in 2020. But some members are opposed to a new mega-FTA Uomo Nike Vapormax KPU TPU Marina Bianche Saldi , claiming it will dent the progress of the Trans-Pacific Partnership,"" Sheng said.
He said that if progress was made on the Asia-Pacific free trade area at the November meeting, it would mark a milestone.
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HAIRATAN， Afghanistan， Sept. 7 (Xinhua) -- The first-ever cargo train from China， after some two weeks of journey， has arrived in Hairatan port， some 300 km north of Kabul， in the northern Balkh province.
"The inauguration of cargo service train linking China to Afghanistan marks the revival of ancient Silk Road，" Azarakhsh Hafizi， chairman of international relations of Afghan Chamber of Commerce and Industries， said at a ceremony on Wednesday to welcome the first Sino-Afghan freight train which had arrived a day earlier.
Bearing a banner reading "Nantong - Afghan Hairatan" in the driver's wagon as the sign of China's commitment to help revive economy of the militancy- plagued nation， the cargo train was warmly welcomed by emotional Afghans.
The railway route connecting China to Afghanistan will help traders to transport their goods in 15 days， while in the past it took two or three months for Afghan traders to ship their goods via sea transportation， Hafizi said， adding "It opens up new opportunities for Afghanistan's commerce and economic activities."
At present， goods such as mechanical equipment， information technology products and clothes are transported by China-Afghanistan freight trains to the land-locked country， while returning to China with Afghan products such as marble stone， saffron， dry fruits and carpets.
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