8/5/2010
Kuwaiti, Arab economists call for activating joint investment plan
AMMAN, Kuwaiti and Arab figures, who participated in the Arab conference for improvement and activation of the joint economy that concluded here Wednesday, called for activating a joint investment plan that was prepared by the Council of Arab Economic Unity (CAEU).
Speaking to KUNA, head of Kuwait's delegation and director of the Commerce and Industry Ministry's Gulf and Arab world department Dr. Abdullah Al-Owaisi said that participants in the event called in their recommendations supporting the establishment of a joint Arab customs union and uniting customs tariffs and standards in all Arab countries.
They also recommended the establishment of a higher body for Arab strategic planning and stressed that training Arab work force was significant, he added.
During the two-day conference, which was organized by the Arab Exporters and Importers Union, businessmen and decision makers discussed ways to ease the flow of products among Arab countries, he pointed out.
The Kuwaiti delegation included the President of the Board of Trustees of the Exporters Association and Arab investors (Kuwait) Mezyed Al-Jufaira, Head of the regional office of the Union of Exporters and Importers of the Arabs (Kuwait) Saad Qasid Al-Jufaira, and director of the marketing and investment department at the Public Authority for Agriculture Affairs and Fish Resources Sodfa Al-Kandari.
The conference was attended by about 300 businessmen and officials from 22 Arab countries.
The Arab Exporters and Importers Union was established in 2005 to develop trade exchange among Arab countries.
Kuwaiti, Arab economists call for activating joint investment plan
AMMAN, Kuwaiti and Arab figures, who participated in the Arab conference for improvement and activation of the joint economy that concluded here Wednesday, called for activating a joint investment plan that was prepared by the Council of Arab Economic Unity (CAEU).
Speaking to KUNA, head of Kuwait's delegation and director of the Commerce and Industry Ministry's Gulf and Arab world department Dr. Abdullah Al-Owaisi said that participants in the event called in their recommendations supporting the establishment of a joint Arab customs union and uniting customs tariffs and standards in all Arab countries.
They also recommended the establishment of a higher body for Arab strategic planning and stressed that training Arab work force was significant, he added.
During the two-day conference, which was organized by the Arab Exporters and Importers Union, businessmen and decision makers discussed ways to ease the flow of products among Arab countries, he pointed out.
The Kuwaiti delegation included the President of the Board of Trustees of the Exporters Association and Arab investors (Kuwait) Mezyed Al-Jufaira, Head of the regional office of the Union of Exporters and Importers of the Arabs (Kuwait) Saad Qasid Al-Jufaira, and director of the marketing and investment department at the Public Authority for Agriculture Affairs and Fish Resources Sodfa Al-Kandari.
The conference was attended by about 300 businessmen and officials from 22 Arab countries.
The Arab Exporters and Importers Union was established in 2005 to develop trade exchange among Arab countries.
