Arab World, Latin America, and the Caribbean come together for a sustainable dynamism
The Arab world is regarded as an essential, vibrant, fast-pacing region for its abundant capital means, unquestionably essential and rich cultural heritage, and its global energy reserves. The majority of its population is fresh and active, making its mark in the global economy and public field.
The Latin American region exhibits the same characteristics with the Arab world. A great share of its population of 550 million is accounted for the Arab people. Around seventeen million people outside the MENA region are of Arab ancestry. These people are those who have blended with the culture and community in Latin America. They have achieved remarkable accomplishments in several specializations especially in research and development, commerce and also politics. Having these advantages, mutual cooperation between the Arab world and Latin America is both feasible and considered necessary for the reinforcement of unbreakable economic, political and cultural relationship.
The background of Latin America for the past few years engaging in the brisk socio-economic and political variation can be the subject of the discussion and support with the Arab world which now undertaking major makeover and improvement across the social, political and economic record.
Both the Arab world and Latin America are exhibited as the favorable place for investments, economic progress and empowerment of the societies. They have robust opportunities that could complement and benefit one another, and the prospect of stronger bilateral relations between them is huge.
Building genuine and strong relations between the Arab world, Latin America, and the Caribbean is now emerging into the spotlight. The international equality and cooperation have turned out to be a most important matter as much as economic and socio-economic progress are on the line.
Globally speaking, the strong ties between the regions reinforce the need for sustainable development, poverty reduction, securing global and regional steadiness, addressing climate change, security intensification, creating effective international financial strategies and parameters. With their combined efforts, they can easily carry out their individual and group programs and projects that will improve the various concerns of both regions in international and level.
The birth of the Council for Arab Relations with Latin America and the Caribbean (CARLAC)
The Arab-Latin American Forum is a summit attended by more than one hundred high-level delegates and former ministers from both regions to talk about economic relations. It was held in 2012 in Abu Dhabi, U.A.E., organized by the United Arab Emirates University and Global Foundation for Democracy and Development under the sponsorship of Sheikh Nahyan Mubarak Al Nahyan who was the Minister of Higher Education and Scientific Research of U.A.E. at that time.
The forum is being organized every year in different countries to discover new investment opportunities and build up more agreements. The first forum was held in the Dominican Republic in July 2010. The second forum was hosted by Costa Rica in 2011 while the third edition took place in Columbia.
The delegates from the Forum held in Abu Dhabi suggested the formation of the Council for Arab Relations with Latin America and the Caribbean (CARLAC) to design, lead and aid in the strengthening of the Arab-Latin American relations.
The council underscores the impact of the commitment for economic and socio-cultural development which can be attained by acknowledging its common benefits for the peoples of both regions. Societies must be aware that they are constrained by a mutual common ideology and principles
The inspiration to enforce a well-rounded world in the course of mutual aid is what the CARLAC is aiming to achieve. CARLAC is organized to boost sustainable development in the Arab countries and South America by developing a bona fide mutual understanding for the progress and benefit of both regions.
CARLAC is a not for profit and non-biased association formed to look for different effective means of developing the appropriate set of networks to look into a comprehensive chain of dialogues and combined support on some concerns of mutual interests related to investment, trade and commerce, social development, higher education, and cultural talks.
In February 2014, the introductory convention of the Council was held in the Dominican Republic, and this event also marked the real organization of CARLAC. The affair was overseen by His Excellency His Highness Sheikh Nahyan Mubarak Al‐Nahyan and the former President of Dominican Republic.
At the culmination of the meeting, the council has decided to build two bases each for LAC and MENA region which will perform the mission of the council and to achieve its objectives effectively. The branches will be set up for the purpose of program and strategy design, and assessment and research development. These stations are expected to enhance the state of the economy, civil society and government of both regions.
A plan to set up an Investment bank dedicated to both region and further establishments was also tackled during the meeting. The said financial institution would assist and build up investments and trade relations between the regions.
There are many parts of the Arab world and Latin America that have reached economic progress regardless of the global financial predicament and could gain from stronger commercial, trade and business collaboration to work as one to keep themselves and each other from local and international economic difficulties.
CARLAC underscores development of different sectors to boost commercial and investment opportunities between Arab countries and Latin America
Food security and agriculture, education and culture, investment, trade and commerce, Renewable energy, tourism and travel, environment, mining, infrastructure development and information technology are some of the target sectors of CARLAC which would provide beneficial effects to the Arab countries and Latin America.
Much better programs for scientific research and development, support and plans would assist in the assembly of synergies in several disciplines such as management and renewable energies, biotechnologies, natural resources governance. The development of Arab-Latin American substitution and communication in the subjects of education, culture and the arts would promote a better mutual perception of each region’s society, language and olden times. In detail, wide student swap over programs can put down the foundation and produce synergies for the long-term development of much deeper levels of comprehension and cooperation.
Official Website CARLAC: http://carlac.net/
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