
The Third Technical Coordination Committee of the AfTIAS 2.0 Program was held virtually on 22 December 2022, under the chairmanship of Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), Chairman of the Board of Directors of the AfTIAS 2.0 Program, and Chairman of the AfTIAS 2.0 Technical Coordination Committee.
Eng. Hani Sonbol inaugurated the meeting and expressed his sincere appreciation to the committee members for their close cooperation and coordination with the ITFC in ensuring the successful implementation of the AfTIAS 2.0 Program and the achievement of its objectives by adopting more projects and responding to the aspirations of Arab countries and organizations.
He pointed out that the third meeting would consider the third package of projects received by the ITFC, consisting of four project proposals in various fields. He mentioned that the Committee had approved 13 projects in its first and second meetings of 2022, with a total budget of 3.5 million US dollars.
He also stated that the ITFC is working on appointing a consultant responsible for monitoring the implementation of approved projects based on the program’s performance indicators. This plan will provide accurate information on implementation progress and identify potential obstacles that may prevent the achievement of the desired goals, enabling the provision of appropriate solutions and guidance.
By the conclusion of the meeting, the Committee had approved four projects benefiting two countries (Egypt and Comoros) and one regional organization (the GCC Standardization Organization (GSO)).