,,iv #aaeth ,,congress #ast ,session ,h4 ,,res4 #aac ,,in ,,the ,,house ,,of ,,representatives ,february #i1 #bjag ,mr4 ,rohrabacher submitted the following resolution2 which was referred to the ,committee on ,foreign ,affairs1 and in addition to the ,committee on ,ways and ,means1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,,resolution ,expressing the sense of the ,house of ,representatives that the ,united ,states should continue to authorize cash flow financing to ,egypt and expand other areas of cooperation4 ,whereas the ,united ,states and the ,arab ,republic of ,egypt have enjoyed decades of cordial and productive relations2 ,whereas ,egypt is a vital ,united ,states ally in a region where many threats emerge and opportunities arise2 ,whereas the ,united ,states deplores terrorist attacks in ,egypt by the ,islamic ,state of ,iraq and the ,levant 7,,isil7 and other terrorist organizations2 ,whereas the ,united ,states applauds the ,egyptian ,government for having constructive ties and mutually beneficial relations with ,israel and historic relations with its neighbors2 ,whereas ,united ,states-,egypt relations are stronger when such relations are based on both mutual strategic interests and shared values2 ,whereas1 after a major popular uprising of #cc1jjj1jjj ,egyptian citizens on ,july #c1 #bjac1 removed from power former ,egyptian ,president ,mohammad ,morsi of the ,muslim ,brotherhood1 on ,june #h1 #bjad1 ,abdel ,fattah el-,sisi was democratically sworn into office as ,president of ,egypt2 ,whereas ,egypt maintains the longest standing parliamentary system in the region2 ,whereas ,president el-,sisi has reached out to the minority ,christian community in ,egypt1 calling for unity among all ,egyptian citizens regardless of religion2 ,whereas ,president el-,sisi has made courageous1 but difficult1 economic reforms to put the ,egyptian economy back on keel2 ,whereas under the first eight months of ,president el-,sisi's leadership1 ,egypt's debt fell #ac4e percent2 ,whereas ,moody's1 ,fitch1 and ,standard ,poor's have all upgraded ,egypt's credit rating1 as a result of its recent economic reforms2 ,whereas ,egypt has sought to partner with and emulate free societies around the world through its membership and participation in the ,united ,nations1 the ,world ,trade ,organization1 the ,international ,monetary ,fund1 and the ,world ,bank2 ,whereas ,president el-,sisi continues to defend the rights of all ,egyptians without prejudice to religion1 ethnicity or origin2 ,whereas1 on ,march #ca1 #bjae1 ,president ,obama announced that the ,united ,states would stop offering cash flow financing 7,,cff7 to ,egypt starting in fiscal year #bjah2 ,whereas ,,cff is an important financial tool that allows foreign governments to fund ,united ,states defense equipment acquisition in installments over time1 rather than full payment at once2 ,whereas every ,presidential administration since #aigi1 the first year ,,cff was authorized to ,egypt1 has provided ,,cff to ,egypt1 making ,president ,obama's announcement a departure from long-standing ,united ,states policy2 ,whereas the extension of ,,cff further strengthens ties between the ,united ,states and ,egypt2 ,whereas assistance from the ,economic ,support ,fund 7,,esf7 to ,egypt has decreased from #hae1jjj1jjj in fiscal year #aiih to #bda1jjj1jjj in fiscal year #bjac2 ,whereas ,congress cut the funding to ,egypt from the ,,esf to #bjj1jjj1jjj in fiscal year #bjad and to #aej1jjj1jjj in fiscal year #bjae2 ,whereas the ,obama ,administration's request for assistance to ,egypt from the ,,esf for fiscal year #bjaf and fiscal year #bjag was #aej1jjj1jjj2 ,whereas coupled with the diminishing economic assistance from the ,united ,states1 the refusal to authorize ,,cff to ,egypt limits ,egypt's ability to provide regional stability1 adequately combat terrorism1 and further develop its internal economy2 ,whereas these developments also weaken the ,united ,states-,egyptian bilateral relationship2 ,whereas the ,qualified ,industrial ,zones 7,,qiz7 are designated geographical areas in ,egypt1 the products of which are granted duty free access to ,united ,states markets provided such products meet specific targets of inputs from ,israel2 ,whereas there are over #ae ,qualified ,industrial ,zones in ,egypt which host over #gjj qualifying companies2 ,whereas companies operating within such zones have enjoyed more than #a1jjj1jjj1jjj in annual sales2 ,whereas other benefits of the ,,qiz program include enhancing economic cooperation between ,egypt and ,israel1 lower unemployment1 and ever expanding business2 ,whereas education remains another important area of cooperation between the ,united ,states and ,egypt2 and ,whereas the ,egyptian economy has suffered tremendously in the past five years with an extreme slowdown in economic growth1 a major reduction in foreign reserves1 a diminishing inflow of income from tourism1 a significant expense fighting terrorism1 and management of a difficult economic transition with some1 but not sufficient1 assistance from the ,,imf3 ,now1 therefore1 be it ,that the ,house of ,representatives-- 7#a7 reaffirms its commitment to the fruitful alliance between ,egypt and the ,united ,states2 7#b7 sends its thoughts and prayers to the victims of terrorism in ,egypt2 7#c7 stands with the people and the ,government of ,egypt in the face of terrorism2 7#d7 stresses the importance of continuing to provide ,egypt with the current levels of military assistance2 7#e7 calls for an increase to pre-fiscal year #bjji levels of ,united ,states economic aid to ,egypt2 7#f7 calls for the ,president to reinstate cash flow financing 7,,cff7 to ,egypt in #bjah1 and afterwards2 7#g7 reaffirms the importance of the ,united ,states providing a #aj1jjj1jjj1jjj loan guarantee for five years2 7#h7 calls for the expansion of the ,,qiz program2 and 7#i7 supports greater academic cooperation between the ,united ,states and ,egypt1 to include the extension of more scholarships to ,egyptian students studying in the ,united ,states4