13-05-2025
Iraq Assumes Presidency of Arab Economic Council Ahead of Arab Development Summit
Baghadad-INA
Iraqi Minister of Trade Atheer Dawood Al-Ghurairi on Tuesday assumed the presidency of the Arab Economic Council at the ministerial level, ahead of the Fifth Arab Economic and Social Development Summit.
In his opening remarks, Al-Ghurairi described the event as a pivotal moment for the Arab world, urging unified efforts to transform regional economies into productive and sustainable systems.
'Today's meeting is not merely ceremonial; it is grounded in joint action to build a constructive and productive Arab economy,' Al-Ghurairi said during the Economic and Social Council's preparatory session.
He added that the upcoming summit would seek to convert political borders into 'bridges of cooperation' and stimulate a renewed assessment of development strategies across Arab nations.