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Lebanon has the right to state that it has managed to host the fourth Arab Economic Summit in Beirut on 19 and 20 January 2019, despite the serious internal political crisis in Lebanon and the ongoing multilateral crises in all parts of the world. other Arab countries. However, those who read the points that were presented to summit participants, missed by the majority of Arab leaders and their results, can conclude without exaggeration that their results are too small. The same observation applies to the three economic summits that preceded the Beirut Summit – the Kuwait Summit in 2009, the Sharm el-Sheikh Summit in 2011 and the Riyadh Summit in 2013.
All of these summits have raised issues related to projects related to Arab economic integration or at least to the coordination of Arab policies in vital economic and development areas, including Arab food security, security of the Arab world, security and economic development. water in Arabic and Arab energy security. However, the results of the four economic summits have not exceeded the recommendations and the economic and development problems that have been in place for decades place the Arab world at the forefront of economic and development performance.
The words of the representatives of the Arab countries at the Beirut Economic Summit taking up the known observations and recommendations of Al-Qasimi and Aldani, as well as the speech of the Vice-President of the World Bank to the participants in the summit, is painful for the first time in the Arab countries, because it ultimately concludes that the lack of will The political situation in the Arab region is gradually turning into time bombs that will bring the debtor of small and medium size to provoke riots, disturbances and instability likely to paralyze any development effort. Those who read the speech of Mr. Mahmoud Mohiuddin, Vice President of the World Bank, to the participants of the Arab Economic Summit in Beirut said that this speech was clear, because it was clearly incumbent upon the political and economic decision-makers of the Arab countries of meet the growing challenges and intensify the resulting economic and development problems Country and they know the recipe for treatment for a long time. Among these challenges, there is the high unemployment rate, which is the highest in the world. This also applies to other development and economic indicators, including the index of wealth distribution methods. Mr. Mahmoud Mohieldin said that the Arab region ranks last in the equitable distribution of national wealth and that the region itself ranks first in the fight against growing poverty in the world.
Another Arab paradox that the Vice President of the World Bank pointed out to the participants at the Arab Economic Summit in Beirut was the lack of participation of Arabs, as it should be in the minimum possible framework of science, technology and technology. innovation to meet economic and development challenges. At the beginning of his speech, the speaker spoke as the NASA's US space agency, born of a political decision to provide human and financial resources and to make the United States the first investor in the United States. Space economy. Dr. Mahmoud Mohieddin quoted the house of the Egyptian poet Ahmed Shawki in a poem about 100 years ago to celebrate the launch of Misr Bank. The poet says at the beginning of this poem: science and money, people building their own king were built on ignorance and less.
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