Council of Arab Economic Unity holds its 60th meeting of specialized Arab unions in Cairo

The work of the 60th regular meeting of specialized Arab unions operating in Cairo began with the participation of the Arab Iron and Steel Union, in the presence of the permanent delegates of the member states of the Council, and the heads and secretaries-general of the specialized Arab unions. Ambassador Mohammadi Ahmed Al-Ni, Secretary-General of the Council of Arab Economic Unity, stated that the meeting comes in light of exceptional circumstances the Arab region is going through, and requires more effort to emerge from crises that hinder Arab economic integration. He highlighted that the Palestinian cause and ongoing conflict, with more than 43,000 martyrs and 100,000 injured Palestinians, makes the meeting of the specialized Arab federations responsible for supporting the Palestinian cause. He also noted that the global economy is controlled by a few powerful economies, and that Arab countries' GDP does not exceed about 2.4 trillion, calling for strengthening Arab economic blocs and major joint projects.