Arab League and UNCTAD Sign Memorandum to Support Trade and Investment

The General Secretariat of the League of Arab States and the United Nations Conference on Trade and Development (UNCTAD) have signed a memorandum of understanding to support trade and investment.

The memorandum brings together the Arab League’s secretariat and the UN body responsible for trade and development issues.

Trade and investment are the stated focus of the agreement, though the brief announcement did not outline specific projects or areas of cooperation.

No details were provided on the signing date, the officials involved or a timetable for implementing the memorandum.