Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

GCC pact in harmony with Kuwaiti laws'   Join our daily free Newsletter

MENAFN - Arab Times - 16/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) Secretary General of the Gulf Cooperation Council (GCC) Abdullatif bin Rashid Al- Zayani has affirmed that the GCC Supreme Council "has tackled Kuwait's reservation regarding some terms of the GCC Security Pact, in harmony with the Kuwaiti laws and legislations." Al-Zayani, in an exclusive interview with Kuwait News Agency (KUNA), said the treaty, which had been proposed a long time ago, would "contribute to coordination among the GCC police and security apparatuses and bolster joint security effort" among the Council countries. "Joint GCC action is governed by certain strategies and accords "that regulate the work, and help in realizing the aspired integration (of the member states) at the economic, security and defense levels," he said. Consultations are proceeding among the Council members regarding establishment of the GCC federation "which has drawn applause on part of the (top) leaders," Al-Zayahi said, adding that result of the final consultations would be referred to the top leaders at the Riyadh summit. Al-Zayani indicated that the GCC is important for the regional stability, particularly in shadow of current surrounding disturbances, noting "the sagacious policy it adopts" towards these dramatic events. GCC states' external policies are based on non-intervention in the others' domestic affairs, renunciation of violence, resolving disputes with peaceful means, according to international laws, and clearing the region of weapons of mass destruction



Regarding the GCC role toward the regional developments, he said the council had given support to Yemen, through the GCC Initiative, affirming that due to this initiative, as well as wisdom of the Yemeni leaders, the nation has been spared being mired in a civil war. Yemen has passed a crucial stage in implementation of the initiative and its executive mechanisms after concord was reached on the document, released by the national dialogue convention, he said, expressing hope that the country would succeed in restoring stability and development. On Syria, he said the crisis file is in the hands of the Arab League, and reaching a solution to the problem rests with the international community, namely the United Nations Security Council, stressing on necessity of taking effective steps to resolve it and halt the bloodshed. He expressed regret for the heartbreaking events in Syria and hoped the Geneva conciliation talks would end up with peaceful solutions; at least by securing safe corridors for the stranded civilians



Rhetori

On Iran, Al-Zayani called on Tehran "to translate its rhetoric into facts and express good intentions toward the regional states." He also urged it to stop meddling in internal affairs of other countries, pull its forces from Syria and end its occupation of the UAE islands "so that it could address positive signals of its desire to ensure the region security and stability." The GCC has repeatedly urged Iran to withdraw from the UAE islands; Abu Moussa, Greater and Lesser Tunbs, which it occupied in 70s of the past century. As to the international accord regarding the Iranian nuclear file, he affirmed that the GCC states welcome the agreement noting that this file is not only linked to the military aspects but also to security and safety issues



Affirming the GCC countries concerns due to the controversial safety of the Iranian nuclear installations, he expressed hope that the accord between Iran and the super powers would help in assuring the GCC countries. He also hoped Iran would join the international nuclear safety conventions. Turning to Lebanon, the GCC chief held Hezbollah responsible for the country security deterioration, affirming that the organization intervention in neighboring Syria drew problems to the country. He affirmed the Palestinian cause would remain the core issue at the regional level and expressed gratitude to US Secretary of State John Kerry for the efforts he has been exerting to try resolve it. The United States is a great power and has interests in the region, thus it must play an effective and strategic role to resolve the regional crises, the GCC secretary general affirmed. With respect of Egypt, Al-Zayani said its security is crucial to all regional countries hoping the "road map" would be fruitful and help the nation restore its regional leading role.



Asked whether the GCC holds contacts with the Iraqi government, Al-Zayani indicated that Baghdad is in touch with some of the Council member countries. Whether the GCC would support Djibouti, he affirmed such an approach at the security and development levels. Last week's visit by the Kuwaiti Foreign Minister, Sheikh Sabah Al-Khaled Al- Sabah, to Djibouti, on behalf of the GCC, was intended to "specify the mechanism to execute the Gulf support for Djibouti." The GCC, at the GCC summit held in Kuwait last December, allocated USD 200 million to fund development ventures in Djibouti. He praised Sheikh Sabah Al-Khaled, in his capacity as the chairman of the current GCC session, for the efforts he had exerted at various levels, namely his missions to China and Djibouti




 


Arab Times




  MENA News Headlines
 Mar 2 2015 - Oman's Napco plans USD18.11m capacity expansionMENAFN
(MENAFN) National Aluminium Products Co (Napco) plans to spend USD18.11 million to boost its capacity to basically increase volumes and market share, Muscat Daily reported.The company will install ...

 Mar 2 2015 - Dubai's real estate investors shift to low cost UK propertyMENAFN
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business ...

 Mar 2 2015 - Etihad-staked Air Serbia logs USD3.02m net profit in 2014MENAFN
(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.In its first year of operation, Air Serbia logged ...

 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

more...


 






Google

Internatinal Property Show

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help