12 Hrs
Source:
بوابة الفجر
Source: بوابة الفجر
12 Hrsبوابة الفجر
Source: بوابة الفجر
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Khaled Hanafy, Secretary-General of the Union of Arab Chambers, said at the Arab-Austrian Economic Forum in Vienna on November 10 and 11, 2026, that the Arab-Austrian partnership should move beyond exchanging products toward creating shared value by turning dialogue into projects, securing financing at an early stage, and investing in human resources. He noted that trade in goods between Austria and the Middle East and North Africa reached €6.2 billion last year—about 1.6% of total Arab trade with the world—and called for diversifying partners and supply routes to reduce risks. On food security, he said Arab countries import about two-thirds of their grain needs, and that drought has halved the areas in Iraq where wheat is grown using river water. He stressed the importance of cooperation in sustainable agriculture and smart water technologies.
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