The Arab League secretary-General Mahmoud Riad, opened the Arab Economic Council's 18th Session at the League's headquarters in Cairo on Wednesday (6 December).
The Arab League secretary-General Mahmoud Riad, opened the Arab Economic Council's 18th Session at the League's headquarters in Cairo on Wednesday (6 December). In his opening address Mr. Riad said the Economic Council meeting was of significant importance as it came at a new stage of joint Arab action. He said League leaders had previously met to draw up a plan of joint Arab action for the mobilisation of all Arab military and economic forces to remove the threat of Israeli aggression.
The League of Arab States is a voluntary association designed to strengthen the close ties linking them and to co-ordinate their policies and activities. The League also directs the states towards a common good for all Arab countries. The League's Economic Council was formed in 1950 and held its first session in 1953. It is made up of the Ministers of economic Affairs or their representatives.
During this session, Kuwait's Finance Minister Abdul El Rahman Atiki stood down as chairman and the Lebanese Finance Minister, Anwar Sabah, was appointed.