Second Arab economic summit

Published January 20th, 2011 - 12:57 GMT

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SHARM ELSHEIKH, Jan 19 (KUNA) -- The Second Arab Economic and Social Development kicked off here on Wednesday with the aim of promoting Arab integration.

The Kuwaiti delegation to the Summit is headed by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, who will hand over the summit presidency to Egyptian President Mohammad Hosni Mubarak.

The Summit agenda includes a number of important decisions and projects in the fields of Arab development, economic, and social related.

Sharm El-Sheikh summit also aims towards activating and implementing resolutions of the first economic summit hosted by Kuwait in January in 2009, including the implementation of H.H. the Amir's initiative to establish a fund for small and medium projects, with a capital of USD 2 billion. Continue reading below »

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Egyptian President Hosni Mubarak chairs the opening session of the second Arab Economic Summit, with Kuwait's emir Sheikh Sabah al-Ahmad al-Sabah and Arab League Secretary General Amr Mussa.
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Image 1 of 7:  1 / 7Egyptian President Hosni Mubarak chairs the opening session of the second Arab Economic Summit, with Kuwait's emir Sheikh Sabah al-Ahmad al-Sabah and Arab League Secretary General Amr Mussa.

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Egyptian riot policemen stop protesters from approaching the parliament building in downtown Cairo during a demonstration. Arabic writing on placards reads 'No for economic suicide'.
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Image 2 of 7:  2 / 7Egyptian riot policemen stop protesters from approaching the parliament building in downtown Cairo during a demonstration. Arabic writing on placards reads "No for economic suicide".

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Crown Prince of Bahrain Sheikh Salman bin Hamad al-Khalifa (front) and Foreign Minister Sheikh Khalid bin Ahmed Al-Khalifa (2nd L).
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Image 3 of 7:  3 / 7Crown Prince of Bahrain Sheikh Salman bin Hamad al-Khalifa (front) and Foreign Minister Sheikh Khalid bin Ahmed Al-Khalifa (2nd L).

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Tunisian Foreign Minister Kamel Morjane addresses a preparatory meeting for the upcoming second Arab Economic Summit.
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Image 4 of 7:  4 / 7Tunisian Foreign Minister Kamel Morjane addresses a preparatory meeting for the upcoming second Arab Economic Summit.

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Arabic writing on placard (L) reads: 'Mr. President, we are not riggers nor smugglers nor monopolists and we are all Egyptians'.
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Image 5 of 7:  5 / 7Arabic writing on placard (L) reads: "Mr. President, we are not riggers nor smugglers nor monopolists and we are all Egyptians".

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Foreign Ministers from Jordan Nasser Judeh (L) and Iraq Hoshyar Zebari.
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Image 6 of 7:  6 / 7Foreign Ministers from Jordan Nasser Judeh (L) and Iraq Hoshyar Zebari.

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Arab country flags are displayed.
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Image 7 of 7:  7 / 7Arab country flags are displayed.

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Egyptian President Hosni Mubarak chairs the opening session of the second Arab Economic Summit, with Kuwait's emir Sheikh Sabah al-Ahmad al-Sabah and Arab League Secretary General Amr Mussa.

Image 1 of 7Egyptian President Hosni Mubarak chairs the opening session of the second Arab Economic Summit, with Kuwait's emir Sheikh Sabah al-Ahmad al-Sabah and Arab League Secretary General Amr Mussa.

2

Egyptian riot policemen stop protesters from approaching the parliament building in downtown Cairo during a demonstration. Arabic writing on placards reads 'No for economic suicide'.

Image 2 of 7Egyptian riot policemen stop protesters from approaching the parliament building in downtown Cairo during a demonstration. Arabic writing on placards reads "No for economic suicide".

3

Crown Prince of Bahrain Sheikh Salman bin Hamad al-Khalifa (front) and Foreign Minister Sheikh Khalid bin Ahmed Al-Khalifa (2nd L).

Image 3 of 7Crown Prince of Bahrain Sheikh Salman bin Hamad al-Khalifa (front) and Foreign Minister Sheikh Khalid bin Ahmed Al-Khalifa (2nd L).

4

Tunisian Foreign Minister Kamel Morjane addresses a preparatory meeting for the upcoming second Arab Economic Summit.

Image 4 of 7Tunisian Foreign Minister Kamel Morjane addresses a preparatory meeting for the upcoming second Arab Economic Summit.

5

Arabic writing on placard (L) reads: 'Mr. President, we are not riggers nor smugglers nor monopolists and we are all Egyptians'.

Image 5 of 7Arabic writing on placard (L) reads: "Mr. President, we are not riggers nor smugglers nor monopolists and we are all Egyptians".

6

Foreign Ministers from Jordan Nasser Judeh (L) and Iraq Hoshyar Zebari.

Image 6 of 7Foreign Ministers from Jordan Nasser Judeh (L) and Iraq Hoshyar Zebari.

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Arab country flags are displayed.

Image 7 of 7Arab country flags are displayed.

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The agenda also includes promoting economic and social integration, encourage inter-Arab investments, activating the role of funds and joint Arab financial institutions, developing health services, reducing unemployment and the empowerment of Arab women's role in society and the advancement of Arab youth, food security, water, transport and electricity, in addition to liberating telecommunications and information technology sectors.

The Summit will also highlight the role of the Arab League and its institutions in boosting Arab development in all fields.

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