ARAB, SOUTH AMERICAN REGION TO CREATE GEOPOLITICAL SPACE OF GLOBAL IMPORTANCE

Lima, February 2- The integration of the Arab region with South America will create a new geopolitical space of global importance, as they control over 50 percent of the world's natural resources, the Arab Federation in Peru vice president, Yassin Kaoud, said.

"Both regions account for more than half of the planet's resources and its production exceeds 4 trillion dollars a year," he told Andina.

Kaoud stressed the III Summit of Heads of State and Government of South American and Arab Countries (ASPA), to be held in Lima from February 13 to 16 this year, which will promote a more fluid relationship between the two groups of nations.

The ASPA includes 34 nations, 22 of the League of Arab States and 12 of the Union of South American Nations (UNASUR).

He also indicated that the conditions for a greater migratory movement and of integration between the Arab region and South America already exist, as Brazil is home for 12 million Arabs and Argentina for 6 million, as well as other countries in the region.

Meanwhile, Kaoud estimated a population of 20 thousand Arabs living in Peru, from which 95 percent are Palestinians.

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