Secretary-General of the Arab League Ahmed Aboul Gheit underscored on Monday the significance of the third Arab-British Economic Summit in enhancing economic cooperation between the two sides.
He called for an intensification of British investment in the region.
During his address at the opening of the third edition of the 2023 Arab-British Economic Summit in London, he underlined the deep-rooted ties between the United Kingdom and Arab countries.
These ties are a valuable foundation for strengthening mutual cooperation, especially in light of the significant opportunities presented by the developmental plan launched by Britain post-Brexit, in addition to Arab economic plans and initiatives encompassing developmental projects, he added.
According to a statement from the Arab League in Cairo, Aboul Gheit explained that Arab-British trade remains crucial despite facing substantial competition from both traditional and emerging economic powers.
The trade volume amounted to $57 billion by the end of 2021.
The Arab-British Chamber of Commerce, in collaboration with the Union of Arab Chambers, organized the third edition of the Arab-British Economic Summit under the theme “Sustaining an Emerging Vision.”
The summit aims to focus on expanding cooperation between the two sides across various sectors and industries.
