ACD com­mu­nique to in­clude Amir’s pro­posal for Asia fund

Sum­mit en­dors­ing a per­ma­nent sec­re­tariat based in Kuwait

Kuwait Times - - LOCAL -

His High­ness the Amir Sheikh Sabah Al-Ah­mad Al-Jaber Al-Sabah’s par­tic­i­pa­tion in the 2nd Asia Co­op­er­a­tion Di­a­logue Sum­mit (ACD) re­it­er­ates Kuwait’s keen­ness to give im­pe­tus to the ini­tia­tive to re­al­ize its goals, As­sis­tant For­eign Min­is­ter for Asian Af­fairs Am­bas­sador Ali Al-Said, told KUNA yes­ter­day.

The 2nd ACD Sum­mit kicks off in Bangkok, today for three days. The first ACD sum­mit was held in Kuwait in 2012 upon His High­ness the Amir’s ini­tia­tive as part of his in­ter­est in Asian eco­nomic de­vel­op­ment, and keen­ness on mak­ing Asia one of the main axes in paving the way for Kuwait to be a fi­nan­cial and com­mer­cial hub in the re­gion.

Among the first achieve­ments of the ACD was en­dors­ing a per­ma­nent sec­re­tariat, to be based in Kuwait, in recog­ni­tion of the coun­try’s lead­ing role in Asian joint ac­tion, Al-Said said. He added that they look for­ward to fur­ther con­ver­gence among the Asian coun­tries through the sum­mit.

On His High­ness the Amir’s pro­posal for es­tab­lish­ing a fund to sup­port de­vel­op­ment projects in the ACD mem­ber states, Al-Said said that the 2nd Sum­mit com­mu­nique will in­clude an item on the is­sue.

It will wel­come the pro­posal, and en­trust the sum­mit’s sec­re­tary gen­eral with tak­ing the nec­es­sary mea­sures for a work mech­a­nism for the would-be fund.

The sum­mit, is held un­der the theme “One Asia, Di­verse Strengths: En­hanced Part­ner­ship to­wards New Dy­namism.” The sum­mit agenda in­cludes as­pects of co­op­er­a­tion among Asian coun­tries in eco­nomic, en­vi­ron­men­tal and hu­man­i­tar­ian do­mains. Kuwait’s As­sis­tant For­eign Min­is­ter for Asian Af­fairs Am­bas­sador Ali Al-Said rep­re­sented his coun­try in the meet­ing.

At­tract­ing the lead­ers of 33 coun­tries, the sum­mit fo­cuses on a host of ma­jor is­sues the Asian con­ti­nent is fac­ing in po­lit­i­cal, eco­nomic, trade, so­cial and en­vi­ron­men­tal ar­eas.

Es­tab­lished in Thai­land in 2001, the ACD Fo­rum has held 10 meet­ings at the level of for­eign min­is­ters, the last of which was hosted by the State of Kuwait in 2012 un­der the aus­pices of His High­ness the Amir. —KUNA

His High­ness the Amir Sheikh Sabah AlAh­mad Al-Jaber Al-Sabah

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