Member of the Finance Committee: one of the most important economic consequences of Arabic Arab Summit the establishment of banks for development
Member of the Finance Committee, the National Alliance Deputy//Abdul Hussein Al-yasseri, from the most prominent and important economic consequences of Arabic Arab Summit the establishment of banks for development, through the promotion of their economies, particularly Iraq, referring to Arab economic integration principle is very important.
Al-yasseri said in a press statement: Economic Conference has positive economic results will include both Arabic peoples through the development of strategies, plans and work towards economic integration, which will standardize Arabic markets and mergers of banks, as well as the establishment of an Arab banks for development, will contribute to the process of economic integration among Arabic States.
He added: the most important topics raised in the marine and brackish conference tourism and natural disasters, noting that water is one of the very important issues of concern to Iraq Arabic States in the foreground where water sources in Iraq, particularly the Tigris and Euphrates rivers come from Europe and Arab force consisting of (22) State all belonging to United Nations membership, which will affect positively on the benefit of Iraq.
He said there was an old project has been asked in previous economic conferences and perhaps introduce Arabic now benefit from Iraqi waters and not released into the sea water and must be saved for approximately (4) Arab countries and up to the Sultanate of Oman.
Al-yasseri referred to: that the principle is a very important Arab economic integration that contains Arabic States (600) million and where many working hands and some Arabic countries with enormous natural resources such as oil, which constitute (69%) Of the world's oil reserves, thus States with privileges to some Arabic countries Arabic which suffer from poverty and deprivation, benefit from the experience of the EU through market and common currency among themselves.
And the economic and Social Council adopted at its meeting Tuesday in Baghdad, in the presence of the Ministers of finance, economy and Arabs, three strategies on water security and tourism and disaster reduction to face future challenges and requirements for sustainable development.
The meeting concluded, inter alia, resolutions where Ministers decided at their meeting: adoption of Arabic tourism strategy and its implementation mechanisms, and requested the Arab Ministerial Council on tourism to take the necessary steps to implement the strategy and application of mechanisms of Arabic tourism and follow-up implementation processes.
The Ministers also adopted the strategy of water security in the Arabic region to meet the challenges and future requirements for sustainable development, and invited the Arab Ministerial Council on water to take the necessary steps and procedures for the implementation of the strategy for water security in the Arabic region to meet the challenges and requirements for future sustainable development in coordination with the Arab Centre for the studies of arid zones and dry lands (ACSAD).