Adel Abdulrahman Al Asoomi, Speaker of the Arab Parliament, commended the announcement of a comprehensive industrial partnership between the UAE, Egypt and Jordan, during a meeting hosted by Abu Dhabi.
The partnership is a key step to achieving Arab economic integration, he added.
In a statement today, Al Asoomi stressed that the Arab region is in need of the presence of solid economic entities, to address any repercussions of crises such as COVID-19 and its negative results on the world’s economies, in addition to the Ukraine crisis, noting that the region has enormous economic potential to achieve advancement.
According to the Arab Parliament, the total value of intra-Arab trade is still short of expectations, so such partnerships will positively contribute to its development.
The launch of the partnership in the UAE underscores the country’s keenness to promote Arab economic and industrial integration, Al Asoomi said in conclusion.