CAIRO, Aug 17 (KUNA) -- The State of Kuwait is keen on Arab economic integration through initializing the cumulation of Arab goods as part of the grand Arab free trade zone, said an official on Wednesday.
Speaking to KUNA after the conclusion of the ninth meeting for the Arab cumulation committee, director of development and industrial support at Kuwait's Public Authority for Industry (PAI) Dr. Abdullah Al-Hajri said that the cumulation process ensured that any given material was produced within the Arab world and benefiting Arab countries mainly.
He indicated that raw materials from a certain Arab nation would be exported to a fellow Arab country in which the latter could use the country of origin for the product.
This, by itself, ensures the most sought Arab economic integration and prosperity, he affirmed.
On the ninth meeting, Al-Hajri said that it focused on revising rules and regulations for the origin of Arab products data approved in 2007.
He stressed that the State of Kuwait was keen on bolstering inter-Arab economic cooperation to build a solid economic and financial future for the people in the region.
The meeting touched on regional and international accords concerning cumulations and how Arabs would benefit from such agreements to devise their own plans, he added. (end) mfm.gta