tions are
officially sanctioned

International organization participation:
ABEDA, ACCT, AfDB, AFESD, AMF, AU, BSEC (observer), CAEU, EBRD,
FAO, G-15, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICCt (signatory),
ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC,
IOM, ISO, ITU, LAS, MIGA, MINURSO, MONUC, NAM, OAPEC, OAS
(observer), OIC, ONUB, OSCE (partner), PCA, UN, UNAMSIL, UNCTAD,
UNESCO, UNHCR, UNIDO, UNITAR, UNMIK, UNMIL, UNOMIG, UNRWA, UPU, WCO,
WFTU, WHO, WIPO, WMO, WToO, WTO

Diplomatic representation in the US:
chief of mission: Ambassador M. Nabil FAHMY
chancery: 3521 International Court NW, Washington, DC 20008
consulate(s) general: Chicago, Houston, New York, and San Francisco
FAX: [1] (202) 244-4319
telephone: [1] (202) 895-5400

Diplomatic representation from the US:
chief of mission: Ambassador C. David WELCH
embassy: 8 Kamal El Din Salah St., Garden City, Cairo
mailing address: Unit 64900, Box 15, APO AE 09839-4900
telephone: [20] (2) 797-3300
FAX: [20] (2) 797-3200

Flag description:
three equal horizontal bands of red (top), white, and black; the
national emblem (a gold Eagle of Saladin facing the hoist side with
a shield superimposed on its chest above a scroll bearing the name
of the country in Arabic) centered in the white band; design is
based on the Arab Liberation flag and similar to the flag of Syria,
which has two green stars, Iraq, which has three green stars (plus
an Arabic inscription) in a horizontal line centered in the white
band, and Yemen, which has a plain white band

Economy Egypt

Economy - overview:
Lack of substantial progress on economic reform since the mid 1990s
has limited foreign direct investment in Egypt and kept annual GDP
growth in the range of 2-3 percent in 2001-03. Egyptian officials in
late 2003 and early 2004 proposed new privatization and customs
reform measures, but the government is likely to pursue these
initiatives cautiously and gradually to avoid a public backlash over
potential inflation or layoffs associated with the reforms. Monetary
pressures on an overvalued Egyptian pound led the government to
float the currency in January 2003, leading to a sharp drop in its
value and consequent inflationary pressure. The existence of a black
market for hard currency is evidence that the government continues
to influence the official exchange rate offered in banks. In
Se