Arab-African trade forum starts in Tripoli

Tripoli- Libya (PANA) -- A high level forum on ways to enhance Arab-African coope ration in the fields of investment and trade began work Saturday in Tripoli on t h e sidelines and ahead of the Afro-Arab summit scheduled in Libya 10 October, wit h the theme: "Towards an Arab-African partnership".
It is to facilitate the exchange of ideas on policies and measures needed to enc ourage the private sector to fully play its role in supporting the flow of inves t ments and products between African and Arab countries and to contribute through i ts findings to the success of the second Arab-African summit devoted to the Afro - Arab cooperation in the areas of investment and trade.
The meeting also aims to discuss the reasons for the low flow of investment fund s between Arab and African countries and to discover opportunities for Afro-Arab cooperation in terms of trade and investment likely to consolidate the economic a nd social development in both regions.
The secretary of the Libyan General Authority for property and investment and ch airman of the preparatory committee of the forum, Dr.
Jamal Lammouchi emphasized the need to build an Afro-Arab economic power to enable the Arab and African cou n tries cope with contemporary challenges in the era of the formation of large spa c es and blocks in the world and take their proper place among other nations.
Lammouchi called for the implementation of the recommendations of Libyan leader Mouammar Kadhafi, urging for serious action for the optimal exploitation of reso u rces on the African continent and to block the organized looting of its huge wea l th, affirming the importance of building an Arab-African economic bloc to enhanc e a global economic integration.
The Director General of the Arab Bank for Economic Development in Africa, Abdela ziz Khalaf stressed the need to encourage the contribution of Arab and African c a pitals in the investment sectors in Africa and highlighted the enormous natural p otentials of the continent.
Khalaf called for the response to all the changes facing the world today and rea ffirmed the importance of assimilating all the transformations and novelties on t he international scene, with a view to achieving an economic complementarity and serving the common interests of the African and Arab populations.
He also called for the intensification of efforts to promote an Arab-African coo peration through the study of cooperation opportunities between both parties in t he fields of investment and trade and strengthened economic and social cooperati o n in the two zones.
The secretaries of the Libyan General People's Committees of Industry, Economy a nd Trade, Mohamed Haweij, and Planning and Finance, Abdelhafidh Zlitni, Algerian Minister of Trade, Mustapha Ben Bada, Secretary General of the Arab Maghreb Unio n (AMU), Habib Ben Yahia, Secretary of Arab Affairs with the Libyan General Peopl e 's Committee for External Relations and International Cooperation, Omran Boukraa , attended the inaugural session of the meeting.
Deputy Secretary General of the Arab League (AL), Mohamed Toueijri, the Commissi oner of the African Union (AU) infrastructure, Ilham Ibrahim and the President o f the Islamic Development Bank group, Ahmed Mohamed Ali, were also present at the launch of the work.
Chairmen of several Arab, African and international organizations interested in Afro-Arab cooperation, Arab and African companies, chambers of commerce, industr y and agriculture in the various African and Arab countries, experts and speciali s ts, academics and people interested in the issue as well as representatives of s e veral Arab and African countries also took part in the meeting, which was jointl y organized by the Arab League (AL) General Secretariat, the African Union Commis s ion (AUC), the Bank for Economic Development in Africa and the Libyan Jamahiriya .

26 september 2010 08:49:00

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