Lebanon calls to develop Arab stock market
Regional-Lebanon, Economics, 6/17/2005

Lebanon called on Thursday the Arab states to develop financial markets and catalyze Arab companies to allow them to include their shares in local stock markets to make use of available finance liquidity.

"The Economic forum is required to build partnership with various UN agencies and its organizations, and to concentrate by that on achieving aims of current millennium developing aims in a way that decreases poverty average and deal with deficit in the income, health and education as well encouraging trade and development aid and indebtedness," Lebanese Premier Najib Miqati addressed opening of the Arab Economic Forum.

Turkish Prime Minister Recep Taiyeb Erdogan as well Minister Of Trade and Economy, Amer Hosni Lutfi, attendee the forum.

Miqati called to draw lessons from Turkey's experience in field of liberating the economy and developing it as well getting an impulse to consolidate ties with the Turkish economic society via joint investment projects.

Chairman of Lebanon's Society For Banks, Joseph Tarbeih, called to open the Arab markets for trade movement and banking and investment as to increase growth and development in addition to integration of Arab economy saying "We call to accelerate opening of Arab stock markets in parallel with the banking expansion."

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