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Ghobash calls for sober tackling of World Financial Crisis effects

posted on 07/04/2009: 987 views

UAE Labour Minister HE Saqr Ghobash has called for tactful dealing with the effects of the Global Financial Crunch on the labour markets through taking exceptional and urgent measures to protect private sector and cut job losses amid the economic pressures.

Speaking at the 36th Arab Labour Conference, which commenced in Jordanian capital, Amman, Sunday, Ghobash said that "the convention of this conference comes at times of complicated international economic and social circumstances", adding that the current financial crisis affected advanced and developing countries.

He warned about the job losses as it would aggravate unemployment, citing the International Labour Organisation (ILO) report issued early this year on the employment horizons and rising of a number of unemployed in North Africa to two millions and Middle East to about three millions.

The UAE Labour Minister called for "practical partnership with private sector and cooperation with the regional and international organisations, notably ILO and the Arab Labour Organisation for Development of Creative Solutions".

He reiterated that the UAE has taken a series of policies and measures, aiming at achieving stability of the labour market, among others, encouragement of labour flexible models and facilitation of Arab labour transfer among the Arab countries. "The UAE is open to benefit from the Arab countries' experiences in this respect".

Ghobash noted that dealing with the repercussions of the economic crisis should not be confined on tackling its current effects, but also extend to after crisis phase.

He added that the UAE was keen to retain skilled Arab workforce and encourage private sector.

Ghobash stressed the need for preparing Arab workforce through strategising educational policies and training to become genuine partner in development. He noted that inter migration among Arab countries represent 18 per cent of total Arab migration, adding that the brain drainage is continuing.

He added he was looking forward to the conference to constituting first Arab step to formulate Arab vision and mechanism for facilitating of transfer of workforce among Arab countries. – Emirates News Agency, WAM


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