ID :
205878
Wed, 09/07/2011 - 20:38
Auther :
Shortlink :
http://m.oananews.org//node/205878
The shortlink copeid
Extraordinary Meeting of Arab Finance Ministers Open in Abu Dhabi
Abu Dhabi, September 07 (QNA) -Deputy Ruler of Dubai and Minister of Finance Sheikh Hamdan bin Rashid Al Maktoum, on Wednesday opened the extraordinary meeting of the Arab Finance Ministers, hosted by Abu Dhabi.
Director General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF), Dr Jassim Al Mannai , a number of finance ministers of the Arab countries and senior officials from regional and international institutions are attending the meeting.
During their meeting, the ministers will discuss economic developments and the current developments facing the Arab countries, and ways of activating inter-Arab trade, and development of Arab financial policies, as well as opportunities that can be used to improve the common social and economic interests of the Arab states.
They arab finance ministers will also review economic and financial conditions in the global economy and the Arab region.
A number of other working papers dealing with regional integration, trade, direct investments, inter-Arab coordination of tax policies and other issues will also be presented at the meeting.
For his part, the Director General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF), Dr Jassim Al Mannai has conveyed deep thanks and appreciation to the president, government and the people of the UAE for hosting such a meeting which gains a special significance amid the accelerating political and economic changes occurring in the region plus the world ec onomic developments. Dr. Al Mannai made clear the meeting represents a key opportunity for consultations and working out a coordinated arab position toward such changes which would in turn embody and further enhance pan-arab economic cooperation and coordination for confronting the world economic consequences and their negative impacts on the arab economices in general. He highly praised the moves made by some arab countries to help the arab countries which suffered much of these economic changes such as the financial assistance the UAE and saudi arabia extended through urgent payments and financing of projects of urgent priority.
Later the Arab Finance Ministers commended the initiative presented by the UAE to the extraordinary meeting, on supporting the economic stability of the Arab region and called for more economic and financial reformations with the participation of the national, regional and international corporations.
The ministers called for finding a clear mechanism for following up the reformations, urging the local, regional and international agencies to support the proposals and projects referred to in the UAE initiative.
They underlined that the crises and events seen in some Arab countries require comprehensive tackling of issues of unemployment and review of implementation of some policies of sustainable development, creation of jobs for all community categories, indicating that multi- structural policies should be adopted for short and long terms to effect reformations that lead to enhancement of living standards.
They also called for tackling the socio-economic issues to maintain stability and encourage development. It also called for inter-Arab countries' investment.
Director General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF), Dr Jassim Al Mannai , a number of finance ministers of the Arab countries and senior officials from regional and international institutions are attending the meeting.
During their meeting, the ministers will discuss economic developments and the current developments facing the Arab countries, and ways of activating inter-Arab trade, and development of Arab financial policies, as well as opportunities that can be used to improve the common social and economic interests of the Arab states.
They arab finance ministers will also review economic and financial conditions in the global economy and the Arab region.
A number of other working papers dealing with regional integration, trade, direct investments, inter-Arab coordination of tax policies and other issues will also be presented at the meeting.
For his part, the Director General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF), Dr Jassim Al Mannai has conveyed deep thanks and appreciation to the president, government and the people of the UAE for hosting such a meeting which gains a special significance amid the accelerating political and economic changes occurring in the region plus the world ec onomic developments. Dr. Al Mannai made clear the meeting represents a key opportunity for consultations and working out a coordinated arab position toward such changes which would in turn embody and further enhance pan-arab economic cooperation and coordination for confronting the world economic consequences and their negative impacts on the arab economices in general. He highly praised the moves made by some arab countries to help the arab countries which suffered much of these economic changes such as the financial assistance the UAE and saudi arabia extended through urgent payments and financing of projects of urgent priority.
Later the Arab Finance Ministers commended the initiative presented by the UAE to the extraordinary meeting, on supporting the economic stability of the Arab region and called for more economic and financial reformations with the participation of the national, regional and international corporations.
The ministers called for finding a clear mechanism for following up the reformations, urging the local, regional and international agencies to support the proposals and projects referred to in the UAE initiative.
They underlined that the crises and events seen in some Arab countries require comprehensive tackling of issues of unemployment and review of implementation of some policies of sustainable development, creation of jobs for all community categories, indicating that multi- structural policies should be adopted for short and long terms to effect reformations that lead to enhancement of living standards.
They also called for tackling the socio-economic issues to maintain stability and encourage development. It also called for inter-Arab countries' investment.
