Guyana pushes for strengthened economic ties with Arab states

[www.inewsguyana.com] – President David Granger has described Guyana’s participation at the Fourth Summit of the Arab and South American Countries (ASPA) as fruitful and a success.

He said that it is an important forum for Guyana to advance its interest with some of the major states in the Arab world and South America.

In his presentation at the summit, which ends today, the President called for the peaceful settlement of disputes and spoke of the importance of cooperation between Arab and South American countries. He also urged the leaders who were present, to work steadfastly on the implementation of the United Nations (UN) Sustainable Development Goals, which were agreed in September at the UN General Assembly.

“We support the thrust of the Arab and South American partnership, which was initiated by former President of Brazil, Lula Da Silva 12 years ago. We feel that it a very useful forum for building international cooperation,” President Granger said.

On the side-lines of the summit, the President and his delegation held a meeting with the Secretary General of the Organisation of Islamic Cooperation (OIC), Iyad Ameen Madani.

This is the second largest inter-governmental organisation after the United Nations which has membership of 57 states spread over four continents.

Among its main objectives, the OIC aims to promote respect the right of self-determination and non-interference in the domestic affairs and to respect sovereignty, independence and territorial integrity of each of its Member State and develop science and technology and encourage research and cooperation among its members.

He also added that Guyana is currently working to join the membership of the Islamic Development Bank. Last month, President Granger met with bank’s senior economist, Dr. Salman Syed Ali and its Division Manager of Advisory Services, Yahya Aleem ur Rehman, where he was updated on the bank’s activities in the region and discussions were held on Guyana’s potential for financing.

“These are two initiatives that we will continue to work on to strengthen economic relations,” President Granger said. [Extracted and modified from Ministry of the Presidency]