Agreement between the Council of Arab Economic Unity and OECD to support the Arab Digital Economy

31 October 2018, Seoul – South Korea

Dr. Ali Al-Khouri, the Advisor to the Council of Arab Economic Unity (CAEU) and Chairman of the Arab Federation for Digital Economy met with Ms. Marie Kiviniemi, Deputy Secretary-General of the Organisation of Economic Co-operation and Development (OECD) during the E-Leaders working group organized by OECD in Seoul, South Korea on 30 & 31 October 2018.

The meeting is part of the efforts of CAEU to cooperate with international organisations to meet the sustainable development goals and stimulate the tools of the 4th industrial revolution in favor of strengthening the Digital Economy in the Arab world.

Prospects of cooperation to support the efforts of the Arab vision for digital economy and building knowledge-based technological infrastructure for sustainable development in the Arab countries were discussed. The two parties agreed that the Arab world has enormous opportunities to enhance its economies through digital economy.

The Council of Arab Economic Unity presented the Council’s shield of appreciation to Ms. Kiviniemi for her contribution to International Development, promoting inclusive growth and supporting global digital economy.

Ms. Kiviniemi is also responsible for the strategic oversight of the OECD’s work on Efficient and Effective Governance; Territorial Development; Trade and Agriculture, Statistics; for advancing the Better Life Initiative; as well as Entrepreneurship, SMEs’, Local development and Tourism.

OECD works with governments to understand what drives economic, social and environmental change with a mission to promote policies that will improve the economic and social well-being of people around the world.

Since its establishment in 1961 in Paris, OECD has been engaged in helping governments improve their border procedures, reduce trade costs, boost trade flows, and reap greater benefits from international trade, the OECD developed a set of Trade Facilitation Indicators (TFIs) that identify areas for action and enable the potential impact of reforms to be assessed covering the full spectrum of border procedures for over 160 countries.