Common Contracts
1 similar Agreement Establishing the Arab Fund for Economic and Social Development contracts
The Agreement Establishing the Arab Fund for Economic and Social DevelopmentAgreement Establishing the Arab Fund for Economic and Social Development • June 1st, 2009
The proposal of establishing an "Arab Fund for Economic and Social Development" was submitted to the Conference of Arab Ministers of Finance, Economy and Petroleum convened in Bagdad in August 1967. The Conference accepted the proposal and submitted a recommendation on the same, which was adopted by the Summit Conference convened thereafter in Khartoum. The Conference of the Undersecretaries of the Ministries of Economy and Finance, which was convened in Algiers in October 1967, prepared a draft of an agreement establishing the proposed Arab Fund, as a regional financial institution to be formed with a capital amounting to one hundred million Kuwaiti Dinars.
