Two pieces of news seemingly distant away from each other 180°, but in fact they are tightly connected:
1. “The US Senate refused a $450Million grant in assistance to Egypt”. As per CNN’s World Report yesterday evening!
2. “…the Free Zone(s) in the Northern sector of the Sinai Peninsula is a feasible progressive project that, other than help creating new jobs for the Sinai population, will ensure security, stability, development and prosperity in that region..”. A statement released yesterday afternoon to Al Jazeera TV by an Egyptian Government’s ‘high level source’!
So, once again Egypt kneels before the ever powerful and unscrupulous “Adventurous Business Lobbies”, those inherited since decades and which brought Egypt to its ruins.. Lobbies that have nothing in common with Tal’at Pacha Harb or his peers who founded the solid industrial and economic strength for Egypt last century between the two world wars.. That new breed of speculators are simply making their fortunes (which by the way are duly transferred abroad using tailor-made laws still in force) by merely exploiting the daily needs for survival of cheap manpower combined with short term service projects which actually produce nothing to support the agonising economy of the country.
Sure.. Producing T-Shirts from cotton will create few jobs.. But, should we ‘apply’ for an export quota to such products in foreign markets, it would also sustain the Israeli economy and labour force development! Yes indeed.. According to several industrial and economic treaties (which we were obliged to sign and honour under the enormous pressures exercised by the International Monetary Fund while negotiating accords for repeated loans to an ever greedy and corrupt Egyptian Administration and its Élite of ‘Adventurous Business Lobbies’ along with their opportunist and profiteering meddlers) 10% of the material incorporated in the final product should be “Made In Israel”.
What does that mean in poor words?
It simply means that you, me and our children will remain indebted for generations to come to finance 10% of Israeli industry and its labour market!! (Israel is the richest and strongest economy in the Mediterranean basin and the Middle East).
Tal’at Pacha Harb, the founder of Bank Misr and the father of modern Egypt’s economic uprising, shoulder to shoulder with a lot of honest economists, industrialists and businessmen like him; did not produce such humiliating poverty to their nation.. They produced and founded the once powerful economy that made Egypt stand head high among the world’s industrial realities known through the first half of the twentieth century.
But this new breed of adventurers, have adopted the short sighted criminal tactic of “Hit and Run”.. As such you’ll notice that mostly all the Egyptian fragile Economy is founded on very short term projects, and as well on large industrial and agricultural monopolies which in their turn are serving very short term programs, and very private interests.
The Free Zones in Northern Sinai will definitely not only repeat the mistakes of Port Said and Alexandria, but will pave the way to the blunt and straightforwardly privileged foreign intervention on our own soil.
Isn’t that the essence of Israel’s hoped re-match to regain another foothold in Sinai?
Isn’t that the last ring in a chain to tighten the grip of isolation on the Palestinian population?
My fellow Egyptians, I am convinced that if (or should I say when?) the Free Zone will materialise in Sinai, then the “Land Without Sovereignty” will become an irrevocable solid fact.
Hope I’m Wrong.
Pass On The Word.