Aboul Gheit: The Arab League is in the process of completing the draft of the new investment agreement – the seventh day

The Secretary -General of the League of Arab States, Ahmed Aboul Gheit, said that the university is in the process of completing the draft new Arab Investment Agreement aimed at increasing and encouraging investment in order to keep pace with the most effective new international changes.

Aboul Gheit added – in his speech during the 14th session of the “AIM” Investment Summit in Abu Dhabi in the United Arab Emirates – that “the Arab League is keen to continue efforts to support Arab economic integration, enhance the role of the private sector in development, and advance the wheel of sustainable investment that benefits Arab societies.”

He continued, “The key to the launch of the Arab region to catch up with the developed countries and developments in the global economy are mainly related to the ability to optimize the young energies of their energies, and to its strategic location that attracts investment … the residents of the Arab world are among the most youthful population of the world..and if we do not improve the rehabilitation and investment of this youth … it will turn from a starting point to achieve sustainable development into a burden on economies and a chanting element for investments.”

Aboul Gheit explained that it is not possible to talk about the future of investment in the Arab region without linking it to stability and sustainable development, as investment is no longer just a purely economic activity, but rather has become an essential element in achieving economic security and integration, especially in areas facing humanitarian challenges and extended crises.

“The enhancement of investment in the Arab region is to impose an eye and the necessity of survival, so there is no way but to invest to create millions of jobs that the youth of the region need, which will not start the economy, and stability is achieved without providing it.”

He pointed out that many Arab countries have taken great steps in developing the business environment by adopting legal and regulatory reforms that contribute to facilitating investment movement and enhancing transparency; Believing that investment is the best way to develop infrastructure and develop vital sectors such as: energy, technology and health.

He pointed out that this summit is a real opportunity to discuss new mechanisms to enhance cooperation and stimulate joint investment projects that keep pace with global trends in the fields of green economy, advanced technology, manufacturing industries and other priority sectors.

Aboul Gheit emphasized that the challenges facing Arab economies today require the formulation of a new approach based on cooperation and integration, not to compete and close, as the world is witnessing today new economic systems, emerging investment poles and waves of digital transformation and innovation, which requires us to be part of these transformations, expressing its aspiration that this year’s summit concludes with practical recommendations that contribute to strengthening Arab and international investments and achieving development The sustainable sought by our peoples.

He said, “We are living in an exceptional moment from contemporary world history … the moment of its liquidity and lack of certainty on the course of the international system, the nature of the rules governing it, and the form of the relationship between its main poles, which is a difficult moment, our world witnessed the same in the last century, and we hope that everyone has learned from the bitter historical experiences that avoids humanity. Peoples.

He added, “Our region lives in turn – and it is not far from the path of global interactions – a difficult moment full of accelerating changes and frequent challenges, as it is a moment that requires dealing with it wisely in determining, strengthening and defending national interests, and also requires a joint work that is closer to the Arab level.”

Aboul Gheit emphasized that the Palestinian people remained at home until the establishment of an independent Palestinian state on the borders of June 4, 1967 with its capital, East Jerusalem, noting that the extended massacre committed and is still committed by the Israeli occupation in the Gaza Strip, a witness, for a profound imbalance in the values ​​adopted by influential global powers.

He continued, “As if there is a standard that Israel is held accountable alone, it is allowed for the occupation to kill tens of thousands of civilians, besiege, destroys and uses starvation, and this passes without holding responsibility for the continuation of the tragedy in Gaza.”

Aboul Gheit pointed out that the Palestinian issue will remain for us, the Arabs, the issue of a people and the land, the land is being seized and confiscated, and the people are intended to be expelled and displaced, as it happened before, so the land will one day return within the framework of the two -state solution, while the Palestinian people remain on their land until the establishment of an independent Palestinian state on the borders of 1967..and our responsibility and our duty is to support its steadfastness and enhance its survival and preserve the elements of its judgment.

He thanked and appreciated the United Arab Emirates for the good hosting and organization of the work of this important event that brings together a group of decision makers, business leaders, investors and experts; To discuss ways to enhance economic cooperation and develop an investment environment to support national economies in facing challenges and obstacles that impede sustainable development.

The activities of the 14th session of the “AIM” Investment Summit in Abu Dhabi were launched today, Monday, under the slogan “The Future of the Future of Global Investment: the new trend of the global investment scene, towards a balanced global system”, and continues until April 9, at the Denyk Abu Dhabi Center, with the participation of more than 20 thousand participants from 180 countries around the world.

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