Investment Ministry introduces Arabic OECD Responsible Business Conduct Guidelines
Updated 1/16/2025 3:17:00 PM
Arab Finance: Egypt’s Ministry of Investment and Foreign Trade hosted an extensive meeting to launch the Arabic version of the Guidelines for Multinational Enterprises on Responsible Business Conduct, in cooperation with the Organization for Economic Co-operation and Development (OECD), as per a statement.
The meeting also tackled sustainable development, economic growth, and social inclusion.
Led by Minister of Investment Hassan El-Khatib, the meeting was attended by Mahmoud Mohieldin, the United Nations Special Envoy on Financing the 2030 Agenda.
During the meeting, El-Khatib highlighted the government’s efforts to enhance sustainability in line with the United Nations Sustainable Development Goals (SDGs).
El-Khatib stressed the state’s commitment to boosting sustainable development and investments in key sectors, including energy, healthcare, education, and infrastructure.
Egypt Vision 2030 prioritizes comprehensive and sustainable economic growth and the transition to a green economy, the minister affirmed.
He noted that the Corporate Sustainability Due Diligence Directive (CS3D) and the Carbon Border Adjustment Mechanism (CBAM) will provide companies operating in Egypt with access to EU markets.
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