The World Federation of Trade Unions, gathering in its ranks 105 million workers in 132 countries on the five continents, strongly rejects the plans of liquidation and closing down of the Egyptian Iron and Steel Company which employs more than 7.000 workers.

The factory was established 67 years ago and is one of strategic importance, that among others includes oxygen plants and supplies the Ministry of Health during the Coronavirus Pandemic.

The WFTU condemns systematic policies to liquidate and sell public sector companies, and displace their workers, as happens with National Cement, Spinning Kafr El Dawar, Fertilizers and other companies.

We join voices with the ones of the workers of Iron and Steel Company and urge all responsible parties to stop its closing and respect the workers' jobs, rights and demands.

The Secretariat

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WFTU - World Federation of Trade Unions published this content on 21 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2021 11:03:06 UTC