Home About Kuna Advertise Contact Us Kuna's Bureaus Services Term Of Use
Register Login
facebook Twitter Youtube rss
FIFA to ban Blatter from all football activities on nat'l, int'l level      Palestine urges world to intervene in ending Israeli aggression      S. Korea beats Kuwait 1-0 in Asian, World Cup qualifiers      Diplomatic contacts ongoing between France and Russia on Syria      OHCHR urges calm and restraint in West Bank amid deadly escalation      Light rain, dust for Thursday evening weather -- forecast      KSE closes in red zone Thursday      Kuwaitis purchase of real estate abroad "increasing" -- experts
  The arab economic summit
04/12/2008 | LOC
23:03 GMT
| Arab News
تصغير الخطالشكل الأساسيتكبير الخط
CAIRO, Dec 4 (KUNA) -- The Arab Economic and Social Council (AESC) has worked out the files of the Arab Economic Social and Development Summit, to be held in Kuwait, on January 19 and 20, 2009.
The ministerial council has prepared all necessary recommendations for the summit including the draft Kuwait declaration, Kuwait's Minister of Finance Mustafa Al-Shimali told KUNA after the one-day emergency meeting of the council.
"The meeting, chaired by Arab League Secretary General Amr Moussa, approved the draft declaration which aims to improve the welfare of Arab citizens, as well as the draft resolutions of Kuwait summit," the minister disclosed.
The draft resolutions include one dealing with the impacts of the international financial crisis on the Arab economies.
The draft will be further debated by coming joint emergency meeting of Arab finance ministers and governors of central banks, Al-Shimali pointed out.
He praised the governments of the Arab countries for their strong determination to help Kuwait summit succeed.
"We are satisfied about the sincere efforts made by the preparatory committee of the summit, the general coordinator of the summit and the Arab League to ensure the best possible preparations," he asserted.
The draft resolutions highlight the key role of the private sector in social-economic development in the Arab countries.
Al-Shimali ruled out the possibility that the current global financial crisis would hinder the implementation of project on the agenda of the summit, saying: "We will have enough time to overcome the impacts of the crisis." "The budgets of the Arab countries have maintained a good level of growth which will enable them implement the planned development projects in cooperation with the private sector," he went on to say.
Kuwait's delegation to the AESC meeting, led by Al-Shimali, included Director of the Economic Affairs Department of the Foreign Ministry Sheikh Ali Al-Khalid Al-Sabah, Assistant Undersecretary of the Finance Ministry for Public Services and Economic Affairs Nabil Alabdul-Jalil, Director of Arab and Gulf Economic Cooperation Department of the Finance Ministry Youssef Al-Romi and Kuwait's Permanent Envoy to the Arab League Ambassador Abdullah Al-Mansour. (end) mab.mfm.gb.
KUNA 042003 Dec 08NNNN
Visitors Comments
  The arab economic summit
Photo & Caption

KUNA publishes a book titled (His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah: A Humanitarian Leader) to commemorate the UN honoring of Kuwait's leader

kuna magazien

Most Read Most Emailed  
1.   Malaysians gather in front of US Embassy in Kuala Lumpur protesting Israeli gov't's desecration of Al-Aqsa Mosque
2.   EU criticizes S. Sudan gov't decision to restructure country
3.   Kuwait to host WHO regional meeting Monday
4.   Iraqis protest in Basra against poor public services
5.   Kuwait underlines education system for social innovation, sustainability
6.   DM receives letter from UAE vice-pres., meets French envoy

About Kuna
Contact Us
Kuna's Bureaus
Term Of Use
Read The Whole Newscast
Pictures (during the week)
FTP Service
KUNA training center
KUNA Reader
SMS Services
الكويت فى ذاكرة الأيام
Images 2014
Job Application
Arab News Agencies
International News Agencies
Governmental Institutes
Banks in Kuwait
News Paper
Local Companies
other useful links
Prayer Times
News Archive
Other News Services
Today In Kuwait's History
Training Sessions
All KUNA right are reserved © 2012. This site is designed and published by IDS