Arab Economic, Social and Development Summit issues "Kuwait Declaration" 3 Kuwait

As for investment, the declaration called for encouraging inter-Arab
investments, as well as providing a suitable environment and
protection for these investments, facilitating the movement of Arab
capital, and expanding the scope of the agreement for the investment
of Arab capital in Arab states.

In terms of finance and financial institutions, the declaration
called for boosting the role of joint Arab and national funds and
financial institutions, developing their resources, relaxing
conditions for granting loans, developing mechanisms for financing
main inter-Arab projects in order to contribute to Arab economic
integration, involving the private sector, providing credit
facilitations for small and medium enterprises.

On statistics, it called for making data and accurate statistics
available, saying that these were vital to planning and policy
making, as well as decision making in economic and social
development. It also called for developing and boosting the
capabilities and resources of statistical bodies.

Meanwhile for the private sector, the declaration called for
providing the economic and legal frameworks for the operation of the
private sector and removing all obstacles facing its active
participation in social and economic development in Arab states. It
also called for boosting its role in building Arab social and
economic integration, facilitating the movement of individuals,
especially businessmen, and removing all obstacles in the way of
transfer of capital among the Arab states.

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