The MECC was created from the belief that there are huge impediments to intra-regional trade which too often discourage foreign investment in the Middle East. Yet, there are huge opportunities in the region: a young well-educated workforce, new sources of natural resources, expanding infrastructure, and centers of world-class innovation. The MECC’s task forces are geared towards tackling each of these issues across the region.
Read about the action plans and 2015 goals for the task forces here.
The MECC will develop projects and joint policy advocacy to promote new trade corridors, supply chains, and access points in the region to move goods in coordination with security and trade experts, government officials, and interested businesses.
The MECC will enhance connections between young entrepreneurs and investors across the region, identify and remove bureaucratic and legal obstacles to entrepreneurship, and promote investment in small business.
The MECC will promote and encourage mechanisms to help increase opportunities for women to serve on corporate boards and in the C-suite, mentor women at all stages of their careers, and build a network for women entrepreneurs in the region.
The MECC will enhance SEZ regimes through joint development-management efforts, creating mechanisms for knowledge sharing, enhancing vocational training, and identifying investment opportunities to connect and expand zones throughout the region.
In addition to these five key areas of focus, other regional issues are also on the MECC’s radar, including Tourism and Business Education.