Assad bin Tariq directs the delegation of the Sultanate to the summit

(Arab Economic) calls for alleviating the suffering of refugees and supporting Palestinian firmness and emphasizes the importance of technological development and the development of a common vision of the digital economy

BEIRUT: The fourth Arab summit of economic and social development hosted by the Lebanese Republic took place yesterday in Beirut. The delegation of the Sultanate was led by His Excellency Asaad bin Tariq Al Said, Deputy Prime Minister for International Relations and Cooperation and Special Representative of His Majesty the Sultan. At the end of the Beirut economic summit, Arab leaders asked Arab organizations and funds to work to alleviate the suffering of displaced persons and refugees and to finance development projects in the Arab countries that host them. The statement warned of the worsening of the refugee and displaced persons crisis in the Arab countries and the resulting economic and social burdens in the Arab receiving countries, and the consequent major challenges to improve their situation and alleviate and face the consequences of the crisis. asylum and displacement towards the host countries. In their statement, the participants stressed the need to support the firmness of the Palestinian people in the face of growing Israeli aggression and the subsequent destruction of the Palestinian economy and infrastructure, affirming their faith in the Arab and Islamic collective responsibility towards Jerusalem in order to preserve the Arab, Islamic and Christian identity of Jerusalem. The statement reiterated the need for all stakeholders to provide funding to involve the organizations and entities involved in implementing the projects contained in the strategic plan for the development of East Jerusalem sectoral, inviting all stakeholders to develop means to mobilize public support for the implementation of the plan, and compensation for Palestinian refugees and their descendants in accordance with resolutions of international legitimacy. Arab leaders have emphasized the importance of technological developments and information, the main changes that have occurred in the organization of the world economy and the need for Arab countries not to lag behind to the revolution of communications and information that has invaded the developed world. The participants stressed the need to adopt proactive policies to build the skills needed to benefit from the digital economy's potential, support for private initiatives and the importance of developing a common Arab vision in the digital economy. The participants stressed the importance of monitoring progress in the Great Arab Free Trade Area and the needs of the Arab Customs Union, hoping to reach a common Arab market and exert all efforts to overcome the obstacles. that prevent this. The Arab leaders have invited the Arab private sector to invest in the projects provided by the Sudanese president for Arab investments in Sudan to achieve Arab food security. At the opening session, Lebanese President Michel Aoun stressed that Lebanon has paid the high price of war and terrorism and that for years it has undergone the weight of the regional weight of small and medium-sized enterprises E international, the displacement of Syrian brothers, in addition to the appeal of the brothers of the Palestinians, which lasted for seventy years, so that their number corresponds to half the number of Lebanese, on a restricted area with unqualified infrastructures and limited resources, and the labor market weighted "in addition to" The Israeli occupation, which has persisted for seven decades in the aggression and occupation of the Palestinian and Arab territories and its contempt for international resolutions, has reached apex of its aggression judging Jerusalem and declaring it the capital of Israel. At the same time, he said, "The most dangerous of all this is the case of internal hesitations and dispersions experienced by the Arab world". Aoun stressed that "the first challenge we face today is to make all the painful events that have led us to work together to get out of the vicious circle of wars and their consequences and to advance the march towards a better future for our peoples. . " He offered ways to address the root causes of these crises internally through "To eradicate poverty, which generates inequality, wars and terrorism, as well as fight corruption and implement the necessary reforms at all levels and ensure the stability of legislation and justice of the judicial system to provide the confidence factor for "regional" investment through a joint work based on the construction of the Arab man, "He said in this context that he asked the institution of the Academy of human rights for meeting and dialogue ", which is a meeting point between human beings." The President of the Republic raised a series of questions in this context: "Where we are today from the common Arab market and the measures that contribute to unloading agricultural production in compliance with agricultural calendars and reciprocity that enable Arab integration? Where are the major projects such as interconnection between the Arab countries, including the electricity connection, as well as the Greater Arab Free Trade Area, and increasing the rate of intra-direct investment in Arab countries? "The international community must make every effort possible and provide the necessary conditions for the safe return of the displaced Syrians in their country, in particular towards stable and accessible areas, or low voltage, without linking it to a political solution, and providing incentives for return to contribute to the reconstruction and stability of their country ". The President of the Republic presented an initiative aimed at "adopting the reconstruction strategy for development", calling for "effective mechanisms to be brought into line with these challenges and reconstruction needs, in particular the establishment of a Arab Bank for Reconstruction and Development to help all Arab countries and peoples affected to overcome their situation, Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid Al-Hamad Al-Sabah delivered a speech in the opening session of the fourth session of the Arab Economic and Social Summit: "We are all aware of the scale of the challenges and risks we face, of the decline in our common work and our ongoing efforts to tackle it, but at the same time we are committed to giving priority to development and economic cooperation. Priority is a matter of future and destiny for the people of our nation. I am pleased to announce here at the Beirut Summit the initiative of the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to set up a fund to set up an investment fund in the fields of technology and the digital economy with a capital of 200 million US dollars with the participation of the private sector, where my country will contribute with 50 million dollars of the capital of this fund, which is equivalent to a quarter of its size, to be entrusted to the Arab Fund for Economic Development J and social responsibility for the management of this development initiative, and I look forward to your support for this generous initiative to help strengthen the joint Arab economy and create job opportunities for young Arabs promising. The general secretary of the Arab League, Ahmed Aboul Gheit, gave a speech during the opening session of the fourth Summit on Arab economic and social development, in which he said: "We have been occupied with the most difficult events, some of which have faced the various challenges of security, political turmoil and humanitarian crises However, these challenges, intensity and seriousness remain an extension and a reflection of the most serious challenge associated with achieving global development and responding the crises and social problems that often accompany the process of growth and modernization The facts of the Arab world in Tari The development of security and stability are all gaps in a single interconnected system: there is no continuous development without an umbrella of stability and security, which protects it from adverse returns and setbacks, ensures the continuity of its path without interruption … and raises and improve their quality. Despite the considerable efforts made in recent years in terms of improving the economic situation, particularly in the infrastructure, transport and communications sectors, the Arab region is still far from launching its potential and achieving its aspirations: more than half of world exports of Arab oil products is still active. There is still a need to diversify economies to protect them from the fluctuations associated with energy prices. There is also a need to improve the business environment, improve competitiveness and stimulate entrepreneurship and entrepreneurship Yes , there are progress we are seeing at these levels. The region, with few exceptions, does not yet have sufficient economic activity with high productivity and added value and remains unprepared for engaging in the digital economy. – Future Economy – based on innovation and creativity. For his part, Egyptian Foreign Minister Sameh Shukri stressed in his speech at the Beirut Economic Summit that "the energy issue is a top priority and Egypt is ready to transfer its expertise in the field of electricity.
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The Lebanese president organizes a lunch in honor of the participating delegations
BEIRUT (AFX) – President Michel Aoun met with the President of the Republic
An official lunch was held in Beirut yesterday afternoon in honor of the delegates who participated in the fourth Summit on Arab economic and social development held in the Lebanese capital, Beirut.