Arab Summit Seeks Economic Integration
World Bank News Headlines For Wednesday, January 21, 2009: Arab Summit Seeks Economic Integration
Summary:"Arab leaders Tuesday pledged 'all forms of support for the reconstruction of Gaza' ...as they wound up a two-day summit. The leaders of the 23-member Arab League, meeting in Kuwait City, approved a declaration calling for steps to accelerate the economic integration of their countries . The final session of the Arabs' first-ever economic summit gave a rundown of the agreements: To launch a customs union in 2010, to set up a pan-Arab power grid and a rail network project. The Kuwait Declaration called for 'adopting monetary and fiscal policies to enable Arab nations to face the consequences of the global financial crisis.'
Full Text
Summary:"Arab leaders Tuesday pledged 'all forms of support for the reconstruction of Gaza' ...as they wound up a two-day summit. The leaders of the 23-member Arab League, meeting in Kuwait City, approved a declaration calling for steps to accelerate the economic integration of their countries . The final session of the Arabs' first-ever economic summit gave a rundown of the agreements: To launch a customs union in 2010, to set up a pan-Arab power grid and a rail network project. The Kuwait Declaration called for 'adopting monetary and fiscal policies to enable Arab nations to face the consequences of the global financial crisis.'
Full Text
