Abbas arrives in Saudia Arabia for Arab economic summit

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January 21, 2013 00:55




Palestinian Authority President Mahmoud Abbas arrived in Saudi Arabia on Sunday to attend the Third Arab Economic, Social and Developmental Summit.

At the summit, Arab leaders are expected to discuss economic and social issues in their countries, including railway land linkage, increase of investment, trade and aviation.

Abbas will seize the opportunity to renew his call on Arab countries to provide the Palestinians with urgent financial aid, a PA official in Ramallah said.

Arab League members have thus far failed to fulfill their promise to give the PA $100 million each month in compensation for Israel’s decision to confiscate Palestinians’ tax revenues to pay their debt to the Israel Electric Corporation.

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