Economic Resources
Main article: Economy of the Arab League See also: List of countries by GDP (PPP) and List of countries by GDP (PPP) per capitaThe Arab League is rich in resources, with enormous oil and natural gas resources in certain member states; it also has great fertile lands in southern Sudan, usually referred to as the food basket of the Arab World. Another industry that is growing steadily in the Arab League is telecommunications. Within less than a decade, local companies such as Orascom, and Etisalat have managed to compete internationally.
Economic achievements initiated by the League amongst member states have been less impressive than those achieved by smaller Arab organisations such as the Gulf Cooperation Council (GCC). Among them is the Arab Gas Pipeline, that will transport Egyptian and Iraqi gas to Jordan, Syria, Lebanon, and Turkey. Significant difference in wealth and economic conditions exist between the rich oil states of the UAE, Qatar, Kuwait, and Algeria, and poor countries like the Comoros, Mauritania, and Djibouti. The Arab League agreed to support the Sudanese region of Darfur with US$500 million.
Read more about this topic: Arab League
Famous quotes containing the words economic and/or resources:
“... feminism is a political term and it must be recognized as such: it is political in women’s terms. What are these terms? Essentially it means making connections: between personal power and economic power, between domestic oppression and labor exploitation, between plants and chemicals, feelings and theories; it means making connections between our inside worlds and the outside world.”
—Anica Vesel Mander, U.S. author and feminist, and Anne Kent Rush (b. 1945)
“The future author is one who discovers that language, the exploration and manipulation of the resources of language, will serve him in winning through to his way.”
—Thornton Wilder (1897–1975)