Arab Today, arab today uae initiative highlighted at marseille meeting
Last Updated : GMT 15:25:46
Arab Today, arab today
Arab Today, arab today

UAE Initiative highlighted at Marseille meeting

Arab Today, arab today

Arab Today, arab today UAE Initiative highlighted at Marseille meeting

Abu Dhabi - Arabstoday

Obaid Humaid Al Tayer, Minister of State for Financial Affairs headed the UAE’s delegation to participate in the G8 and Turkey Finance Ministers meeting held in Marseille, France from Saturday to Sunday. The UAE’s delegation included Younis Haji Al Khouri, Undersecretary of the Ministry of Finance (MoF), and Khalid Ali Al Bustani, Assistant Undersecretary of International Financial Relations Sector at MoF. During the meeting, the ministers of finance discussed the Deauville Partnership final statement, which was approved following talks by deputy finance ministers, including a delegation from the UAE, and were held on September 9, 2011. Headed by the Undersecretary of MoF, the UAE’s participants contributed in adding a number of amendments to the final statement which aimed at highlighting the role of Arab states in supporting economic and financial reform policies, and enhancing Arab and regional integration by activating the Greater Arab Free Trade Area and implementing decisions regarding the establishment of the Arab Customs Union in 2015. The G8 ministers of finance agreed on the Deauville Partnership final statement, which indicated that a sum of $38 billion would be collected from international and regional organisations, including Arab partner states, such as Saudi Arabia, Kuwait, Qatar, Egypt, Jordan, Morroco, and Tunisia. The UAE Initiative was another prominent topic highlighted at the meeting, where Al Tayer, in his capacity as President of the Council of Arab Ministers of Finance, elaborated on the initiative, which was previously presented during the council’s exceptional meeting in Abu Dhabi, on Sept7, 2011. The UAE suggested a new economic agenda, following a detailed analysis of the effects of the financial crisis and future expectations for Arab states. The agenda is based on the comprehensive financial policy for stability, trade financing, enhancing and developing investments and creating new job opportunities, increasing the Arab states’ ability to compete with global economies in addition to developing electronic clearing systems. He indicated that the Ministers of Finance commended the UAE’s initiative and considered it to be a roadmap for Arab development. They also asked the Arab Monetary Fund to prepare comprehensive documentation, in partnership with other regional financial institutions, to be presented at the next Ministers of Finance meeting at Marrakesh in April 2012.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae initiative highlighted at marseille meeting Arab Today, arab today uae initiative highlighted at marseille meeting

 



Arab Today, arab today
Arab Today, arab today Rabia Fatima reveals role of "Facebook" in her career

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday