Kuwait FM stresses Arab economic summit to address social, economic issues.
Minister Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah said that the State of
Kuwait felt many years ago the sense of resentment entertained by Arab
citizens in general.
He also asserted that this prompted Kuwait to propose holding an Arab
economic summit biannually in order to address social, economic, and
development issues as well as all hurdles obstructing the progress of Arab
The previous remarks were made at an address delivered on behalf of Sheikh
Dr. Mohammad Al-Sabah by diplomatic attache at the Kuwaiti Foreign Ministry
Fahad Mohammad Al-Hajji to the sixth Arab world conference organized by
Harvard Arab Alumni Association (HAAA) in Damascus under the patronage, and in
the presence of Syrian first lady Asmaa Al-Assad.
Sheikh Dr. Mohammad made clear to the conference that was also attended by
Kuwait's ambassador in Damascus Aziz Al-Daihani that issues of education,
housing, infrastructure, and health care came high on the agenda of the first
Arab economic summit in Kuwait in 2009 that came off with flying colors.
He also said one of the most salient initiatives presented by HH the Amir
Shiekh Sabah Al-Ahmad Al-Jaber Al-Sabah is the establishment of a fund at a
total capital of USD two billion to which Kuwait contributed USD 500 million
with the aim of funding small and medium-sized enterprises.
Further, He said that though rates of Arab human resources development
edged up by 66 percent in what also applies to the domains of illiteracy
eradication, health care, and the general standards of living, the Arab world
is still short of high rate indicating soaring pace of economic and political
Sheikh Dr. Mohammad said that it was taken for granted that press is the
fourth esatate, though it became clear nowadays that technology has become the
fifth estate represented by the social networking websites of Facebook and
Twitter that worked as a means of communiation among youth who make up the
majority of the Arab population now.
All KUNA right are reserved 2011.
Provided by Syndigate.info an Albawaba.com company
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|Publication:||Kuwait News Agency (KUNA)|
|Date:||Mar 17, 2011|
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