Ceasefire boost for Arab Economic Summit...

As Kuwait prepares to host a first-ever regional economic summit, Israel's decision to cease its offensive on Gaza may provide a boost for the meeting to seriously focus on economic and social development issues besetting the Arab world.
Described as the first-of-a-kind, the Arab Economic, Social and Development Summit which opens Monday is seen as a platform to pave the way for future and growing cooperation between governments and the private sector.
The two-day summit, called by Kuwait two years ago, had garnered the involvement of experts from various economic sectors.
It is taking place at a time when the Arab world is reported to have suffered some USD2.5 trillion within four months due to the global financial meltdown.
Kuwaiti Deputy Prime Minister, Foreign Minister and acting Oil Minister Sheikh Dr. Mohammad Al-Sabah said the summit would address daily concerns of Arab citizens like poverty, hunger, health, education, railway network and electricity linkage.
At a forum held yesterday as a prelude to the summit, Arab government and business leaders agreed that economic and social development could be achieved with greater cooperation between governments and civilian sectors.
They stressed the importance of the involvement of the people in the Arab world's development, not only as a tool for success, but also as steps towards a stronger democracy.
The summit is expected to produce key resolutions dealing with the development of education, improving health care, fighting unemployment and poverty.
It was also expected to establish the custom union and linking the Arab countries' networks of roads and railways, as well as food and water security.
The Israeli aggression on Gaza which had drawn international concern would still be high on the agenda.
The leaders will address the situation in Gaza, which has seen a slight progress with Israel embarking on a unilateral ceasefire after declaring victory in its three-week offensive that has cost 1,200 Palestinian lives.
But despite the ceasefire, Israeli troops would remain in Gaza for the time being with orders to return fire if attacked.
Officials said the Arab leaders will be discussing two draft resolutions which include showing support for the Palestinian people through establishing a fund for the rebuilding of Gaza, opening of border crossings, lifting the siege, urging the UN Security Council to ask Israel to stop its aggression and backing the Egyptian ceasefire initiative.
All 22 Arab League countries are expected to attend the summit.
United Nations secretary general Ban Ki-moon, who is on a tour of the region to deal with the Israeli offensive on Gaza, is also scheduled to attend the summit.