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Kuwaiti MP says hurdles in GAFTA need to clear
July 4, 2017, 5:37 pm
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It is imperative to eliminate all obstacles that could encumber business in the 'Greater Arab Free Trade Area' (GAFTA), a Kuwaiti MP said on Tuesday. Speaking to KUNA, Khaled Al-Otaibi, a member of the Arab Parliament's Economic and Financial Committee, said that decisions made during previous Arab development summits have yet to come to fruition, which represents a shortcoming.

He pointed out that structural flaws in Arab production has stalled trade development, adding that the just-concluded meeting of the committee yielded its agenda for the upcoming term.

Al-Otaibi also added that the meeting tackled various issues to be referred to the Arab Parliament's forthcoming session on Wednesday. The Arab Parliament has formed various ad hoc committees dealing with foreign, political, economic and legal affairs, in addition to other issues.

Source: KUNA

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