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DR. AL-ASSAF ARRIVES IN BAHRAIN

 Manama 11th May 2001

  THE MINISTER OF FINANCE AND NATIONAL ECONOMY DR. IBRAHIM BIN ABDUL AZIZ AL-ASSAF ARRIVED HERE TODAY AT THE HEAD OF THE DELEGATION OF THE KINGDOM OF SAUDI ARABIA TO THE 54TH SESSION OF THE COMMITTEE FOR FINANCIAL AND ECONOMIC COOPERATION AT MINISTERIAL LEVEL IN THE COUNTRIES OF ARAB GULF COOPERATION COUNCIL (GCC) DUE TO START LATER TODAY .

THE SESSION'S AGENDA COMPRISES ECONOMIC INTEGRATION AMONG MEMBER STATES , PROBLEMS OF TRADE EXCHANGE AND CUSTOMS UNION .

THE MINISTERS OF FINANCE AND ECONOMY AND THE GOVERNORS OF MONETARY AGENCIES AND CENTRAL BANKS IN GCC WILL HOLD A JOINT MEETING FOR FOLLOWING-UP IMPLEMENTATION OF THE DECISION OF THE SUPREME COUNCIL OF GCC TO WORK OUT A WORKING PROGRAM ACCORDING TO A TIME TABLE TO UNIFY THE GCC CURRENCIES.

ON THE FRINGES OF THE MEETING, THE MINISTERS OF FINANCE AND ECONOMY AND THE GOVERNORS OF MONETARY AGENCIES AND CENTRAL BANKS OF GCC WILL HOLD AN ANNUAL CONSULTATIVE MEETING WITH THE DIRECTOR GENERAL OF THE INTERNATIONAL MONETARY FUND HURST KOHLER WHO IS VISITING THE REGION TO DISCUSS WORLD AND REGIONAL ECONOMIC DEVELOPMENTS .

THE SAUDI DELEGATION ACCOMPANYING THE MINISTER COMPRISES THE GOVERNOR OF SAUDI ARABIAN MONETARY AGENCY HAMAD AL-SAYYARI , THE DIRECTOR GENERAL OF THE CUSTOMS AUTHORITY SALIH AL-BARRAK , THE UNDERSECRETARY OF THE MINISTRY FOR ECONOMIC AFFAIRS DR. HAMAD AL-BAZI' AND OTHER OFFICIALS.

Source: SPA©

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