Launching Activities of the 133rd Session of the Board of Directors of the Union of Arab Chambers in Kuwait

  • Kuwait, State of Kuwait
  • 9 November 2022
2

The activities of the 133rd session of the Board of Directors of the Union of Arab Chambers will start today, as it will be held at the headquarters of the Kuwait Chamber of Commerce and Industry. Headed by the President of the Union, President of the Bahrain Chamber of Commerce and Industry, Samir Abdullah Nass, with the participation of heads and representatives of the Federations of Arab Chambers.

The agenda of the current session is full of prominent topics that have been divided into three main themes, namely, procedural and strategic, in addition to activities. The General Secretariat of the Union was keen to allocate a prominent space for economic affairs in order to discuss them and come up with recommendations that reflect the opinion of the Arab private sector to be submitted later to the concerned authorities in the Arab countries.

Among the important issues on the agenda are the "Unified Arab Investment Agreement", "Arab trade obstacles in light of digital transformation, sustainable development needs and global developments", “The role of Arab Chambers as a guarantor partner and their work as trust chambers for commercial operations”, and “The reality of transport and logistics in light of global challenges”. In addition to “Emerging challenges in global trade and the options and opportunities available to the global economy.” As well as "Examining how to support the Al-Quds Fund and Endowment", along with many important issues that had to be examined by the Arab private sector in order to adopt an economic vision that supports Arab countries and meets the aspirations of Arab youth.

Before starting to study and discuss the agenda of the 133rd session of the Board of Directors of the Union of Arab Chambers, His Highness the Crown Prince of Kuwait Sheikh Mishaal Al-Ahmad Al-Jaber Al-Sabah received this morning a delegation of heads and leaders of Arab chambers and the private sector.

During the meeting, the President of the Union of Arab Chambers noted with great pride and appreciation the warm welcome the delegation received from His Highness. This confirms the keenness and sincere and genuine desire on the part of the stakeholders in our Arab countries for the importance of cooperation with the private sector and building a true partnership with it, which would achieve well-being and prosperity for our Arab countries and peoples.

The work of the (133) session began with the meeting of the Executive Committee yesterday at the headquarters of the Kuwait Chamber of Commerce and Industry headed by the Vice-President of the Federation, President of the Federation of Chambers of Commerce, Industry and Handicrafts in Tunisia, His Excellency Mr. Samir Majoul.

Source (Union of Arab Chambers)