Sun 17 July 2022:
The Gulf Cooperation Council (GCC) and the United States announced on Saturday that they will provide $11 billion in assistance to address regional and international food security challenges.
The US welcomed the “decision by the Arab Coordination Group (ACG), which includes 10 Arab and national specialized financial developmental institutions, to provide a minimum of $10 billion in response to food security challenges,” according to Saudi Arabia’s state news agency, SPA, that cited a statement by the GCC and the US following a US-Arab summit in the Saudi city of Jeddah.
The statement said GCC countries welcomed the US announcement of $1 billion in new near- and long-term food security assistance for the Middle East and North Africa region.
The GCC also expressed appreciation for “the establishment of Combined Task Force 153 and Task Force 59, which will enhance joint defense coordination between the GCC member states and the US Central Command to monitor maritime threats better and improve naval defenses by utilizing the latest technologies and systems,” it added.
US President Joe Biden returned to the United States on Saturday after a four-day trip to the Middle East that included stops in Saudi Arabia, Israel, and the West Bank.
The tour is seen as an attempt by the US to assert US leadership in the region in the face of Russia and China.
Biden, as well as the leaders of the GCC countries, Egypt, Iraq, and Jordan, attended a summit on Saturday.
SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES
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