Student lists all supranationalism their country is in and provide a current event related to the organization and their country.
How did joining a supranationalism challenged your country's sovereignty?
Egypt is a permanent observer country in a number of international organizations,
the United Nations (UN) - Egypt is working to end poverty and hunger by 2027. The UN country team in Egypt is addressing food insecurity by supporting vulnerable groups with cash transfers, vouchers, and food distribution. The UN is also providing fertilizers, loans, and training to improve livelihoods.
the International Monetary Fund (IMF) - The International Monetary Fund (IMF) supports Egypt's economic reforms and efforts to control inflation.
the World Bank - In March 2023, the World Bank approved a five-year strategy for Egypt that includes improving the business environment and supporting green development. The World Bank also approved a $7 billion partnership agreement with Egypt for 2023–2027.
the World Trade Organization (WTO) - From 1957 to 2023, Egypt's balance of trade averaged -997.30 USD million. In 2022, Egypt's trade deficit was around $36.48 billion. A trade balance is the difference between the value of exported goods and the value of imported goods. A positive trade balance is a trade surplus, while a negative value is a trade deficit.
Egypt plays an active role in the UN and its specialized agencies.
https://www.oas.org/en/ser/dia/perm_observers/Documents/Profiles/Profile%20Egypt.doc
United Nations (UN):
Challenge to Sovereignty: Adhering to UN resolutions, engaging in peacekeeping, and joining global treaties may demand changes to Egypt's policies, impacting its independent decision-making.
World Trade Organization (WTO):
Challenge to Sovereignty: WTO membership requires compliance with international trade regulations, potentially limiting Egypt's autonomy in setting economic rules and trade policies.
International Monetary Fund (IMF) and World Bank:
Challenge to Sovereignty: Seeking financial aid from IMF and World Bank often involves agreeing to economic reforms, which can influence Egypt's economic strategies and pose a challenge to its sovereignty in managing domestic financial affairs.