By ITP
Arab League Summit held in Baghdad
Regional leaders from GCC and wider Middle East gather in Iraqi capital

Iraq’s Foreign Minister Hoshiyar Zebari (L) welcomes Lebanon’s Foreign Minister Adnan Mansour before Arab foreign ministers meeting at Baghdad’s airport as part of the Arab League Summit on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Iraqi Trade Minister Khairallah Hassan Babiker attends the Arab League attends the Arab economy, finance and trade ministers meeting as part of the Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Kuwait’s Deputy Prime Minister and Minister of Finance Mustafa al-Shamali (R) attends the Arab economy, finance and trade ministers meeting as part of the Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Rashid bin Abdulrahman Al Khalifa Bahrain kingdom’s Ambassador Extraordinary and Plenipotentiary to Egypt attends the Arab economy, finance and trade ministers meeting as part of the Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Osama Youssef Qaradawi, Deputy Permanent Representative of Qatar to the Arab League attends the Arab economy, finance and trade ministers meeting as part of the Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Director General of economic relations in the Saudi Ministry of Finance Husain bin Shuwesh attends the Arab economy, finance and trade ministers meeting as part of the Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Kuwaiti Finance Minister Mustafa Alshamali attends the Arab economy, finance and trade ministers meeting as part of the Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Arab League Secretary General Nabil Elaraby (3-L) and Libyan Minister of Economy Ahmad al-Kushali (2-R) attend the Arab economy, finance and trade ministers meeting as part of Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

UAE Ambassador to Iraq Abdullah al-Shihy looks on during Arab economy, finance and trade ministers meeting as part of Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Yemen’s deputy Minister of Industry & Trade Salem Mohammad Salman attends the Arab economy, finance and trade ministers meeting as part of Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)

Leaders attend the Arab economy, finance and trade ministers meeting as part of Arab League Summit at Ishtar Sheraton Hotel on March 27, 2012 in Baghdad, Iraq. The Arab leaders will meet in Baghdad for the 23rd regular session of Arab summit on March 29. (Getty Images)