Jordanian Parliamentary Delegation Attends 6th Arab Parliament Conference in Cairo

A parliamentary delegation from Jordan, led by the Speaker of the House of Representatives Ahmed Safadi, participated in the 6th Arab Parliament Conference held in Cairo. The conference brought together representatives from 16 Arab member countries of the Union of Arab Securities Authorities (UASA).

During the conference, Safadi met with Mubarak bin Mohamed Al Kuwari, the Chairman of the Cultural Affairs and Media Committee of the Qatari Shura Council, along with other committee members. The discussions focused on strengthening parliamentary ties between Jordan and Qatar and aligning positions on Arab and international parliamentary platforms.

Safadi emphasized the importance of coordinating efforts to advance the interests of their respective peoples and address pressing issues, particularly the Palestinian cause. He stressed the need for cooperation to effectively tackle challenges facing the Arab world.

Al Kuwari echoed Safadi's sentiments, highlighting the necessity of enhancing parliamentary cooperation and revitalizing joint parliamentary committees. He expressed that such collaboration would benefit both nations and their citizens.

The conference also featured a speech by Dr. Tamy bin Ahmad Al Binali, the CEO of the Qatar Financial Markets Authority (QFMA). Al Binali addressed the opportunities and challenges faced by financial markets and regulators due to global economic, political, and technological changes. He called for innovative approaches, high capabilities for innovation and creativity, and the use of modern technologies to effectively address these challenges.

The UASA Board meeting, held during the conference, discussed various topics including the 2023 annual report, initiatives under the 2023 working plan, anti-money laundering and combating the financing of terrorism (AML/CFT), crowdfunding, sustainability, cybersecurity, and financial technology (fintech). The meeting also explored the possibility of signing a memorandum of understanding with the International Capital Market Organization (ICMA) and fostering cooperation with IOSCO regional committees.

Why this matters: The 6th Arab Parliament Conference serves as a platform for Arab nations to strengthen parliamentary ties, align positions on critical issues, and address common challenges. The discussions and initiatives undertaken at the conference have the potential to shape the future of Arab cooperation and impact the lives of citizens across the region.

The Jordanian delegation's participation in the conference underscores the country's commitment to fostering strong parliamentary relations with Arab nations, particularly Qatar. As stated by Speaker Safadi, "Aligning positions on Arab and international parliamentary platforms is crucial to advance the interests of our peoples and address pressing issues, particularly the Palestinian cause." The conference's focus on financial markets, innovation, and modern technologies highlights the collective effort to navigate the evolving global landscape and drive economic growth in the Arab world.

Key Takeaways

• Jordanian parliamentary delegation participated in 6th Arab Parliament Conference in Cairo.
• Discussions focused on strengthening parliamentary ties between Jordan and Qatar.
• Conference addressed opportunities and challenges faced by Arab financial markets and regulators.
• UASA Board meeting discussed initiatives, AML/CFT, crowdfunding, sustainability, and fintech.
• Conference aimed to align positions on critical issues and address common challenges.