Tuesday 22 January 2019

Arab economic summit concluded in Beirut

Arab economic summit concluded in Beirut


An economic development summit was held in Lebanese capital Beirut concluded on Sunday

Organized by the Arab League, the 4th Arab Economic and Social Development Summit is attended by three Arab leaders; the Lebanese President Michel Aoun, Qatar’s Sheikh Tamim bin Hamad Al-Thani and Mohamed Ould Abdel Aziz of Mauritania.


it was agreed that all donor countries and Arab funds should work shoulder to shoulder to ease the suffering of Syrian refugees.

A consensus was also reached on financing development projects in refugee-hosting countries, the declaration read.

About 20 countries took part in the summit and issued a joint statement called the Beirut Declaration

most Arab states are represented at the summit by delegations at the ambassadorial level.

The summit also focussed on redevelopment plans in Somalia and Yemen.

Syria, whose Arab League membership has been suspended since 2011, and Libya are not taking part in the meeting.

The last Arab economic summit was held in the Saudi capital Riyadh in 2013.

The next Arab economic summit would be held in Mauritania’s capital Nouakchott in 2023.

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