18-05-2025
- Business
- See - Sada Elbalad
Mauritania's Foreign Minister Calls for Strong Economic Blocs in the Arab World
By Ahmad El-Assasy
Mauritania's Minister of Foreign Affairs, Mohamed Salem Ould Merzoug, emphasized the urgent need to establish robust economic blocs within the Arab world to drive unity and regional integration. His remarks came during the Arab Economic and Social Development Summit held in the Iraqi capital, Baghdad.
In his keynote address, Ould Merzoug highlighted that enhanced economic and developmental cooperation among Arab nations is a key pillar for strengthening inter-Arab ties and advancing shared prosperity.
He underscored Mauritania's commitment to accelerating regional economic integration, noting that stronger economic alliances can significantly boost Arab unity. 'The formation of powerful economic groupings is fundamental for achieving deeper cooperation and fostering sustainable development across the Arab world,' he said.
Ould Merzoug also stressed the importance of expanding investment partnerships across Arab countries, leveraging available opportunities to support comprehensive development and mutual well-being.
As part of this vision, the Mauritanian Foreign Minister proposed a new initiative focused on developing the "blue economy"—a sector he believes holds vast untapped potential for Arab nations. He called for enhanced regional collaboration to sustainably harness marine resources, which can become a long-term engine for economic growth and job creation.
'The Arab world possesses immense maritime wealth. Through coordinated efforts, we can transform these resources into sustainable growth avenues,' Ould Merzoug added.
His remarks reflect growing momentum among Arab states to diversify their economies, deepen regional ties, and leverage shared assets for collective benefit.
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