Kuwait''s Arab Economic Summit "an opportunity" -- Moussa

CAIRO, Oct 27 (KUNA) -- Arab League Secretary General, Amr Moussa referred to the Arab Economic Summit, to be hosted by Kuwait next year, as "a great opportunity" for the private sector and the civil community to participate in Arab world development.
Moussa, scheduled to head to Kuwait on Tuesday, went on to say "the private sector and social institutions will participate for the first time in preparing an Arab economic program." The statements were addressed to Middle East News Agency.
During his Kuwait visit, the figure will participate in a meeting of Arab financial institutions, where they will discuss financing proposed projects for the Arab summit in Kuwait, in addition to encouraging Arab investments within the Arab framework.
Moussa asserted the importance of eliminating obstacles in the way of boosting Arab investments, especially in view of the current economic crisis.
On the other hand, General Coordinator of the Arab Economic Summit, Ambassador Mirfet Al-Tilawi said that the Arab financial institutions meeting that will discuss financing Arab projects is very "important" in the chain of meetings preparing for the Summit.
The economic meeting will discuss issues on the summit agenda, concluding with recommendations, reports, and comments, all to be presented to the summit, she clarified.(end) rg.asa KUNA 271154 Oct 08NNNN