Arab Summit Hails OPEC+ Efforts in Securing Stability of Global Markets

  • Date: 02-Nov-2022
  • Source: Asharq AL-awsat
  • Sector:Oil & Gas
  • Country:Egypt
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Arab Summit Hails OPEC+ Efforts in Securing Stability of Global Markets

Arab leaders on Wednesday concluded the 31st Arab League summit. The first Arab League gathering in three years took place against the backdrop of rising inflation, food and energy shortages, drought and the soaring cost of living across the region.

The gatherers stressed the centrality of the Palestinian cause and the absolute right of the Palestinian people to freedom and the establishment of a sovereign state according to the 1967 border with East Jerusalem as its capital.

They underscored their commitment to the 2002 Arab peace initiative that would lead to fair and comprehensive peace and end the Israeli occupation of all Arab territories, including the Syrian Golan Heights and Lebanese Shebaa Farms and Kfar Shouba Hills.

They called an end to the Israeli siege on the Gaza Strip, condemning Israel’s use of force against Palestinians and all of its barbaric acts, such as assassinations and arbitrary arrests. They demanded the release of all prisoners, especially minors, women and the elderly.

The gatherers backed Palestinian efforts to obtain full membership at the United Nations, calling on countries that do not recognize the state of Palestine to do so.

They welcomed the reconciliation meeting that was held by rival Palestinian factions in Algeria ahead of the