Economic integration

Arab Parliament to Host Forum on Strengthening Economic Integration in Egypt May 23-25

CAIRO – May 19, 2022: The Arab Parliament will organize from May 23 to 25 in Egypt a forum to strengthen economic integration between Arab countries under the title: “Intra trade and the role of the public and private sectors”.

In a statement, the parliament said the forum will be held under the auspices of Prime Minister Mostafa Madbouli and with a high-level Arab presence.

Arab Parliament Speaker Adel Al-Asoumi said the forum aimed to discuss ways to achieve economic integration among Arab countries in light of the current challenges facing the region and the world.

He added that the forum will discuss the status of the Greater Arab Free Trade Area (GAFTA) and review Arab experiences in inter-trade trade and the role of the private sector in this regard.

The forum will aim to discuss the facilitation of trade outside the international orientation and Arab economic integration as the main means to strengthen solidarity among Arab countries and achieve the desired development and prosperity for the Arab people.

The forum will also discuss international and regional developments regarding the repercussions of the global crisis and its impact on economic conditions in the Arab region.

During the forum, Egyptian Prime Minister Mostafa Madbouli will deliver an opening speech. In addition, Asoumi and Arab Administrative Development Organization Director General Nasser Al-Qahtani will also speak at the forum.

For the first time, the forum will be held in the presence of high-level personalities, including ministers and representatives of Arab countries. This includes Egyptian Trade and Industry Minister Nevine Gamea and Finance Minister Mohamed Maait.

In addition, Sudanese Minister of Trade and Supply in Sudan Amal Saleh Saad, Libyan Minister of Labor and Rehabilitation Ali Al-Abed Al-Rida and Iraqi Minister of Communications and Information Technology Arkan Shehab Ahmed will be among the attendees.

This is in addition to the Secretary General of the Union of Arab Chambers, Khaled Hanafi and Talal Abu-Ghazaleh, founder and chairman of the Talal Abu-Ghazaleh organization.

Representatives of the League of Arab States, the World Trade Organization, the International Monetary Fund, Arab Federations of Industries and Chambers of Commerce and a number of Arab businessmen will also attend the forum.