Egypt's Sisi urges debt cost cuts, tighter fiscal discipline, enhanced social justice    EGP swings vs. USD in early Sunday trade    EGX launches 1st phone app    Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Resumption of production at El Nasr marks strategic step towards localising automotive industry: El-Shimy    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    United Bank achieves EGP 1.51bn net profit in H1 2025, up 26.9% year-on-year    After Putin summit, Trump says peace deal is best way to end Ukraine war    Egypt, Namibia explore closer pharmaceutical cooperation    Jordan condemns Israeli PM remarks on 'Greater Israel'    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Kuwait Summit Supports Gaza without Tangible Mechanisms; Links Peace Initiative to Washington''s Integrity
Published in Almasry Alyoum on 21 - 01 - 2009

The Arab Economic Development Summit that has ended yesterday in Kuwait announced its support of the Palestinian cause, condemned the Israeli military aggression on the Gaza Strip and decided to contribute to the reconstruction of the sector. Yet the Arab leaders did not form a joint mechanism for the implementation of these resolutions.
The resolutions did not include any reference to the Arab initiative that a number of Arab leaders had different views on during the meetings of the first day.
 Qatar asked to refer to these views, but the Arab League Secretary-General Amr Moussa said the continuation of the Arab peace initiative is linked to Washington resuming the role of the honest mediator between the Arabs and the Israelis.
Despite efforts for Arab reconciliation, Moussa said the Arab situation is still tense and volatile, and extra effort should be made to restore Arab solidarity.
Denying Arab League bias towards certain Palestinian factions, Moussa said: “Such rumors are considered mental terrorism. I say Hamas is 100% wrong and Fatah is also 100% wrong.”
Kuwaiti Foreign Minister Sheikh Mohammad Sabah said the summit is a road map for the Arab economy because it focused on the development of the Arab citizens and on saving them from ignorance, poverty and disease through a two-billion-dollar Development Fund.
 
The summit called for establishing an Arab customs union as of 2010 and the completion of all its requirements by 2015 in preparation for an Arab common market.
The summit also decided to launch the Arab railway and power link projects, and adopted an emergency program for food security.
 
The Arab leaders admitted that the Arab world still faces challenges affecting its security and independence. They said that the unemployment, the poor living standards, the low intra-Arab trade, education, climate change and energy are behind the Arab crisis.
President Hosni Mubarak in his wrap-up speech that was delivered on his behalf by Prime Minister Dr. Ahmed Nazif said that inter-Arab trade is still weak at 10-12% of the total Arab trade and at US$ 126 billion according to statistics in 2007.
 He called for a joint Arab vision to address the challenges and the international financial crisis away from political differences.
Nazif invited the next development summit in Egypt in two years.


Clic here to read the story from its source.