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Jagdeo to attend Arab American Summit in Peru

Jan 25, 2011 News

LIMA, Peru- President Alan Garcia said the Third Latin American and Arab Countries (ASPA) summit next month here will be an unprecedented step towards bridging two cultures and an excellent opportunity to explore investment prospects between the two regions.
Guyana’s President, Bharrat Jagdeo, and Suriname’s Head of State, President Desi Bouterse, have both reportedly confirmed their presence.
“This is the first time we draw the attention of countries with highest capital and savings rates in the world. Reserve funds from Qatar, Kuwait, Saudi Arabia, and Libya are very important. South America must benefit from them and forge alliances to attract investments and exploit resources from around the country and continent,” Garcia said.
Garcia urged Peruvian entrepreneurs to organise exhibitions and projects in order to stimulate the interest of Arab countries while the summit takes place in Lima, Peru’s capital.
Meanwhile, United Nations Secretary General Ban Ki Moon will pay an official visit to Peru to attend the ASPA summit, Foreign Minister Jose Garcia Belaunde said.
Ban’s visit to Peru will be from February 14 to February 16 and comes with an invitation extended by Garcia, he said.
The third ASPA Summit, expected to draw delegations from 34 Arab and South American countries, is a forum for policy coordination among countries in the two regions and a platform for cooperation in economy, culture, education, science and technology, he said.
Other issues on the agenda include preservation of the environment, tourism and topics concerning the sustainable development of the countries and their contribution to world peace.
The third ASPA Summit will also be the most important event of the year because for the first time Peru will have the opportunity to promote its potential in a little-known but hugely interesting region in terms of trade, he added.
In addition, Emirati companies have shown interest in investing in the oil, gold, timber and housing sectors of Suriname.

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