Saudi Minister of Finance makes remarks on the Arab Economic and Social Council meeting`s discussions

Cairo, February 12, SPA -- Saudi Minister of Finance Dr. Ibrahim bin
Abdulaziz Al-Assaf, who led his country's delegation to the 83rd
ordinary session of the Economic and Social Council which started in
Cairo earlier today, said that the discussions focused on the
application of the Grand Arab Free Trade Zone and the obstacles
facing it.
He added that the meeting also held discussions resulting from a
follow-up of the Arab Economic Summit recently held in Kuwait.
In a statement to the Saudi Press Agency (SPA) here today, the
Saudi Minister said that the Arab Economic and Social Council
approved the formation of a ministerial committee in addition to the
Secretary-General of the Arab League to meet every three months to
follow-up the decisions and preparations for the upcoming economic
summit to be held in Egypt next year.
Al-Assaf also pointed out to the approval of the Arab investment
system, stressing that such decision would push forward the
inter-Arab investments.

--SPA