U.S. Ambassador to Yemen Discusses Opportunities and Economic Outlook

Oct. 26, 2012 - PRLog -- Houston, TX (USA) – The Honorable U.S. Ambassador to Yemen, Gerald M. Feierstein and a delegation of senior business leaders met yesterday in Houston to discuss the country’s economic outlook, and opportunities for renewable energy, healthcare, education, agriculture, and infrastructure. The event was organized by the Bilateral US-Arab Chamber of Commerce in partnership with the Business Council for International Understanding, and held at the law offices of Bracewell & Giuliani.

“We are committed to supporting Yemen’s private sector,” said Aida Araissi, president of the Bilateral Chamber. “Through events like this, we see the possibility of a new, stronger Yemen economy led by dynamic business leaders like those represented today.”

Ambassador Feierstein highlighted the importance of foreign investment and assistance in developing Yemen’s recovering economy, noting that, “with continued support from the Bilateral US-Arab Chamber of Commerce, Yemen has great potential as a force for growth in the region.” He highlighted several Bilateral programs including a historic business mission to Yemen last June led by David L Phillips, chairman of the Bilateral Chamber. That mission featured meetings with the President, Prime Minister, Ministers of Energy, Education, and Labor of Yemen’s newly elected government. These programs have resulted in multiple contracts between chamber members and Yemen’s public and private sectors.

The Bilateral US-Arab Chamber of Commerce is an exclusive membership-based network of international business leadership that establishes strategic connections between the United States and Middle East/North Africa (MENA) to foster economic growth, educational advancement and cultural understanding. Founded in 1997 by Aida Araissi, the Bilateral Chamber creates access, strategic options, and positive results for its members by facilitating relationships with key decision-makers, helping to navigate through the complex field of international trade, and producing effective programming including trade missions, speaker’s series, and educational exchange initiatives. Headquartered in Houston, Texas (USA), the not-for-profit Bilateral Chamber membership includes Fortune 500 companies, private sector enterprises, thought leaders, and academic institutions from a wide range of industry sectors across the US and MENA regions. For more information about the Bilateral Chamber, visit http://www.bilateralchamber.org.