Kuwait said Sunday it will host the first summit of the 10-year-old Asia Cooperation Dialogue (ACD) this week, bringing together economic powers China, Japan and leading energy producers. "The summit will discuss ways to activate the ACD, a mechanism to make it permanent and activate implementation of decisions," Foreign Minister Sheikh Sabah al-Khaled Al-Sabah told a news conference. Founded in Thailand in 2002, the ACD has a membership of 32 nations including China, Japan, India and South Korea in addition to major oil producers in the Gulf, Iran and Russia. "It is necessary to move forward to an advanced stage. This will be achieved if the summit approves a joint Thai-Kuwait proposal to make the ACD permanent with a secretariat," said Sheikh Sabah. Thai Foreign Minister Surapong Tovichakchaikul said the October 16-17 summit will discuss a variety of issues including energy supply, food security, financing of projects, IT and human resources development among others. The summit would review promotion of investments especially the role of sovereign wealth funds to invest in other Asian nations which have the potential, he said. Iranian President Mahmoud Ahmadinejad, current chair of the Non-Aligned Movement, will be among leaders to take part in the summit.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor