Beirut venue of Arab Economic And Social Development Summit 2019

The Arab Economic and Social Development Summit held in the Lebanese capital Beirut, in which the Arab leaders and officials issued a joint statement called Beirut Declaration. The declaration calls for the establishment of an Arab free trade zone. It also urged the International community to support nations hosting Syrian refugees and take steps to minimise the impact of the refugee crisis. The declaration stated that the refugee crisis in Arab countries is the worst humanitarian problem since World War II. It points out that the crisis leads to an economic slowdown, increases the expenditure and deficit, imposes burdens on public sectors and infrastructure and poses risks to the society. At the conclusion of the 2019 summit, Arab leaders have agreed a 29-item economic agenda in addition to encouraging the safe return of Syrian refugees to their homeland.

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