Saturday 31 March 2012

Parliamentary Finance: The most important economic consequences for the Arab summit Arab banks to create a development

BAGHDAD - and babysit - A member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri, the most prominent and most important of the economic consequences of the establishment of the Arab summit Arab banks of development, noting that the principle of Arab economic integration is very important.

Yasiri said that the conference has had a positive economic results will include all the Arab peoples through the development of strategies and plans and to work towards economic integration, which will unite the Arab markets and the integration of banks, as well as the establishment of Arab banks of development, what will contribute to the process of economic integration among Arab countries.

He added that the most important issues that were raised at the conference salinity marine, tourism and natural disasters, pointing out that the water issue is an issue very important for the Arab States and of interest to Iraq in the lead as the sources of Iraqi waters, especially rivers, the Tigris and Euphrates come from Europe and there is an Arab force consists of ( 22) state, all belonging to the United Nations membership, which would reflect positively for the sake of Iraq's water.

He explained: There is an old project has been put forward in previous conferences of the Arab Economic and perhaps introduce now is to take advantage of Iraqi waters and not released into the sea water and the necessity of preservation for the benefit of approximately (4) Arab nations and up to the Sultanate of Oman.

The Yasiri to: that the principle of Arab economic integration is very important that the Arab states contain (600) million people and the labor are many and some Arab countries have abundant natural huge oil and which form (69%) of the oil reserves the world, so the Arab countries have the privilege to appoint some Arab countries that suffer from poverty and deprivation, calling to benefit from the experience of the European Union through the market and common currency among themselves ... p / i