LYCOS RETRIEVER 
Arab League: Cairo Summit
built 181 days ago
The summit's pledge of solidarity with the Palestinians, in conjunction with a repetition of the 2002 Arab League offer of peace with Israel in return for a withdrawal from all Arab lands, belongs under the rubric of idle chatter. The vapidity of the members' stance was evident in their refusal to increase last year's commitment to contribute $55 million per month to the Palestinian Authority. The Palestinians are asking for $170 million.
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At the Cairo Summit of 1964, the Arab League initiated the creation of an organization representing the Palestinian people. The Palestinian National Council convened in East Jerusalem on 29 May 1964. The Palestinian Liberation Organization was founded during this meeting on 2 June 1964.
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The Arab League free-trade zone went into effect on January 1 and covered 94% of Arab trade volume. In May the league ... explored new trade and investment cooperation opportunities at the Arab–South American summit.
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Palestinian foreign minister Mahmud Zahar told fellow ministers at an Arab League emergency meeting in Cairo that the costs of rebuilding the north Gaza town of Beit Hanun after deadly Israeli shelling amounts to 50 million dollars. Arab countries decided to lift the financial blockade on Palestinians in response to a US veto on a UN Security Council draft resolution condemning Israel's military offensive in the Gaza Strip. The Hamas-led Palestinian government agreed to an international peace conference with Israel.
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