May 18, 2006
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Treasury Secretary to Travel to Egypt to Attend BMENA Conference

Treasury Secretary John W. Snow will travel to Egypt this weekend to attend the Finance Ministerial of the Broader Middle East and North Africa (BMENA) initiative. The meeting is an opportunity for finance ministers from the region and around the world to review the concrete progress made by the initiative to build stronger economies in the region.

In his discussions, Secretary Snow will focus on issues such as encouraging financial institutions to provide credit to small and medium sized enterprises, spreading best-practice financial sector regulation, and developing country-by-country reform plans for improving investment climates.

"I look forward to continuing the beneficial discussions this forum has produced on building economic freedom in the region through market-oriented reforms," said Treasury Secretary Snow.

The following events are open to media:

What  
Photo-Op at the top of Meeting with Egyptian Finance Minister Boutros-Ghali
When  
Sunday, May 21, 9:45 a.m. (Local Time)
Where  
Four Seasons Hotel - Sanafir Room
1 Four Seasons Boulevard
Sharm El Sheikh
South Sinai, Egypt

What  
Joint Press Conference with Egyptian Finance Minister Boutros-Ghali and Russian
Finance Minister Kudrin
When  
Sunday, May 21, 2:45 p.m. (Local Time)
Where  
Four Seasons Hotel - Nasrani Ballroom
1 Four Seasons Boulevard
Sharm El Sheikh
South Sinai, Egypt