• Short Summary

    INTRODUCTION: Egypt's new President Hosni Mubarak has said his government's success depends on its ability to deal with economic problems.In only his second speech since succeeding the assassinated President Anwar Sadat last month, Mr.Mubarak said on Sunday (8 November) his eventual goal is economic equality and social justice.

  • Description

    CAIRO, EGYPT (VISNEWS - RACHED EL KOUSSY)

    GV People's Assembly building in Cairo
    GV INTERIOR President Mubarak receives applause before starting his speech
    GV Parliamentarians listening
    SV Mubarak speaking and applauded

    Background: INTRODUCTION: Egypt's new President Hosni Mubarak has said his government's success depends on its ability to deal with economic problems.In only his second speech since succeeding the assassinated President Anwar Sadat last month, Mr.Mubarak said on Sunday (8 November) his eventual goal is economic equality and social justice.

    SYNOPSIS: The President was speaking at the People's Assembly building in Cairo.

    Mr.Mubarak said his government will continue the policy of encouraging foreign investment despite opposition from Moslem extremists critical of consumerism.

    The President, who has vowed to combat corruption and nepotism, did attack conspicuous consumption in the country.He also emphasised the need to channel resources into economic development for the future.Mr.Mubarak outlined several of Egypt's most pressing economic difficulties.These include a chronic housing shortage, and the need to aid nationalised industry.

    The Parliamentarians also heard of the President's continued commitment to the peace process begun by Anwar Sadat.In an apparent reference to the Soviet Union Mr.Mubarak said his pro-Western government would enjoy normal relations with the big powers provided there was no interference in Egypt's internal affairs.The President told the Parliament that the Egyptian-Israeli negotiations on Palestinian autonomy would resume in Cairo next week.Returning to domestic matters Mr.Mubarak earned loud applause when he vowed to stamp out terrorism in the country.

    Source: REUTERS - RACHED EL KOUSSY

  • Tags

  • Data

    Film ID:
    VLVA5ZB0H2FDYG8FKJ5OH2QINNPHC
    Media URN:
    VLVA5ZB0H2FDYG8FKJ5OH2QINNPHC
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    09/11/1981
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:29:00
    Time in/Out:
    /
    Canister:
    N/A

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