IDB and ASEAN Launch Strategic Partnership |
|
Text Size 
Jeddah, October 03, SPA -- A Memorandum of Understanding (MoU) between the Islamic Development BankIslamic Development Bank
and the Association of Southeast Asian Nations (ASEAN) was signed recently outlining the framework of partnership between the two institutions for the promotion of economic and social development and alleviation of poverty in their common constituencies. The MoU specifies that cooperation between the institutions includes capacity building in the areas of Health, Education, Halal Food Supply and Agriculture; investment promotion and economic cooperation.
ASEAN Secretary-General Dr. Surin Pitsuwan and IDBIDB
President Dr. Ahmad Mohamed Ali signed the MoU at IDBIDB Group headquarters in Jeddah after discussing the bilateral relations between ASEAN and IDBIDB in order to finalize the areas of cooperation. Dr. Pitsuwan expressed his enthusiasm with working alongside IDBIDB
to strengthen one another and emphasized the mutual benefit that will materialize from partnering."ASEAN can be one of the vehicles IDBIDB
can use to implement its 1440H vision, " said Dr. Pitsuwan. Dr. Ali was hopeful that the bilateral cooperation efforts between ASEAN and IDBIDB
will bring about substantial improvements within the common constituents. "There is great potentials for cooperation between our institutions, " said Dr. Ali, "we appreciate your continuous help and support to IDBIDB
and look forward to building a very strong and active partnership." In its (41) years of existence, the ASEAN is establishing its Charter to provide the grouping a solid legal foundation. The member countries of the ASEAN together has a population of 570 million people and is unique in its diversity of constituents, half of which are Muslim. Common member countries in ASEAN and IDBIDB
Group include Indonesia, Malaysia and Brunei. The other countries in ASEAN are Thailand, the Philippines, Singapore, Laos, Cambodia, Vietnam and Myanmar, according to a latest press release of IDBIDB.
© Saudi Press Agency 2008
Community Comments (0) - 
Comment on this article 
Comment on this article
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
Loading ...
Zawya Comment Policy:
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Community Buzz
Stories
Companies
Most viewed companies by Community in the last 24 hrs
| Company Name | Country | Industry |
| Qatari Diar Real Estate Investment Company | Qatar | Landlords and Developers |
| Dynasty Al Zarooni Real Estate | UAE | Agents and Brokers |
| Nakheel | UAE | Landlords and Developers |
| Mubadala Development Company | UAE | Investment Firms and Funds |
| Emaar Properties | UAE | Landlords and Developers |
| Investment Corporation of Dubai | UAE | Investment Banking |
| Global Investment House | Kuwait | Investment Banking |
| Emaar the Economic City | Saudi Arabia | Landlords and Developers |
| Qatar Investment Authority | Qatar | Investment Firms and Funds |
| Abu Dhabi Investment Council | UAE | Investment Firms and Funds |
Projects
Most viewed projects by Community in the last 24 hrs
| Project Name | Country | Sector |
| Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| Qatalum Aluminum Smelter | Qatar | Industry |
| QP - Al Shaheen Refinery | Qatar | Oil and Gas |
| KNPC - Al Zour Refinery | Kuwait | Oil and Gas |
| Dubai RTA - Dubai Metro - Purple Line | UAE | Infrastructure |
| Qatar Foundation - Sidra Hospital | Qatar | Real Estate |
| WDEPC - Abu Qir Power Plant Expansion - Civil Works | Egypt | Power and Water |
| ADCO - SAS Field Development | UAE | Oil and Gas |
| Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1) | UAE | Real Estate |
| IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP) | UAE | Oil and Gas |