A three-day international conference of Joint Arab chambers of Commerce opened at a hotel in Attard on the island of Malta on Saturday (23 October).
GV Corinthia Palace, Malta (2 shots)
SV INTERIOR Malta's President Mamo entering conference hall an shakes hands with delegates
SV PAN FROM Delegates TO President speaking (3 shots)
SV Delegates applaud
SV Dr. Burhan Dejani speaking and delegates applaud (3 shots)
SCU Delegates at the first working session including Sicilian Arab, Swiss Arab, Italian Arab, Hungarian Arab, Polish Arab, Turkish Arab, US Arab, Bulgarian Arab, and USSR Arab (4 shots)
GV Delegates seated during conference
The conference has been organised at an important stage in the economic development of many of the Arab countries and in the growth of their markets. Soaring oil revenues have made it possible for many of the Arab countries to plan their economic development on sound financial foundations. But greater expansion in the various fields of their economies would continue to necessitate huge investments in infrastructure and other sectors, creating a substantial market for equipment, goods and materials.
Initials OS Script is copyright Reuters Limited. All rights reserved
Background: A three-day international conference of Joint Arab chambers of Commerce opened at a hotel in Attard on the island of Malta on Saturday (23 October).
SYNOPSIS: The conference is the first of its kind and was organised on the initiative of the Joint Maltese-Arab chamber. It was opened by the President of the maltese Republic, Sir Anthony Mamo. The Maltese-Arab Joint Chamber of Commerce, was established in 1973 in association with the Libyan Chamber.
Sir Anthony Mamo told the delegates that he hoped the conference would not only lead to discussion and debate, but also to possible action and practical results in the furtherance of common interests. The conference is of great significance because it represents the first collective effort on the part of the Arab countries and their trading partners to understand each other in the field of business.
The joint chambers of commerce which have been established in many countries, aim at laying the basis for the improvement of trade relations between those countries or regions and the Arab countries. Another speaker at the opening session was Dr. Burhan Dejani, Secretary General of the General Union of Arab Chambers of Commerce.
In addition to the delegations from countries which have already established Joint Chambers, a number of other countries sent observers. They included Bulgaria, Czechoslovakia, and the Soviet Union. among the official delegations were those from the Federal Republic of Germany, Hungary, Italy, Yugoslavia and the United States. There were also representatives from the Chambers of Commerce of all 19 Arab countries.