U.S. President Barack Obama is hosting a conference of more than 250 entrepreneurs, most from majority-Muslim countries, in the hope of promoting greater business ties between the United States and the Muslim world.
The two-day conference opening Monday in Washington is the fulfillment of a pledge Mr. Obama made last June in a speech in Cairo, Egypt to deepen U.S. engagement with Muslim-majority communities.
U.S. Deputy National Security Advisor Ben Rhodes told reporters entrepreneurship is a "fundamental American value" and can unlock opportunities for people around the world.
The conference aims to bring together young start-up entrepreneurs and seasoned veterans, as well as government officials, bankers and other experts. Topics will include empowering businesswomen and creating a positive climate for new businesses.