President of the Union of Arab Chambers, and President of the Bahrain Chamber of Commerce and Industry, Samir bin Abdullah Nass, confirmed that the Arab world possesses creative youth energies and competencies in various fields to build a sustainable economic future and lead the development of industries in light of the outcomes of the fifth industrial picture, making it a promising investment destination in the near future. He called for investing in the energies of Arab youth and enhancing effective and permanent participation to ensure that they are reflected in the overall Arab economic situation, whose value during the year 2024 will reach about 3.5 trillion dollars.
During the Arab-German Business Forum held under the slogan: “Doing Impactful Business: The Art of Building Lasting Relationships,” during the period from June 3 to 5 in the German capital, Berlin, Nass stressed that peace and stability are basic conditions for economic prosperity. He welcomed the call of Arab leaders at the Bahrain summit to establish regional peace as the cornerstone of achieving economic sustainability. Pointing out that the issue of establishing economic relations that serve Arab economies and provide mutual benefits is one of the most important issues facing joint Arab action, which we must pay attention to in light of global economic developments. He pointed out that the forum aims to enhance cooperation between the Arab world and Germany in various fields and advance sustainable development in both regions.
The President of the Arab Chambers renewed his complete rejection of wars and violence in all parts of the world due to their direct impact on economic and social stability, increasing the burden of inflation, and exacerbating tangible challenges at the level of economic policies. Expressing his full solidarity, as a representative of the Arab private sector, with the Palestinian people in their struggle for their right to establish their independent state. Calling for the necessity of accelerating the achievement of Arab economic integration to enhance opportunities for economic and trade cooperation and to revive development integration opportunities and then link it to global economic communities to achieve the greatest amount of economic gains for our Arab countries.
Source (Union of Arab Chambers)
