As Arab economic integration is a dream of President of Mubarak, he gave directives for the quick implementation of the second phase. The project is the cornerstone of the Arab common market on the one hand and regional cooperation among neighboring countries on the other. The three leaders discussed means of formulating a unified Arab strategy during the next Arab summit to combat the Israeli intransigence and provocative policies of the new Israeli government under Prime Minister Ariel Sharon, leader of the extremist Likud Party. As such an Arab strategy cannot be materialized without unifying Arab ranks, President Mubarak saves no effort to resolve Arab conflicts especially after the last US-UK air strikes on radar sites near Baghdad and in light of the continuation of embargo against the Iraqi people for more than 10 years. While military confrontation or negotiating coordination in the peace process unified Egypt, Syria, Jordan and Lebanon, economy together with policy form the model the confrontation countries can offer for the rest of Arab brethren and the starting point for the long-awaited great dream, namely the establishment of the Arab common market.
Economy is the weapon in the face of which all other weapons are useless.
The triple summit touched on the agenda of the coming Arab summit with a view to coordinating Arab stances. The development of peace process on the Palestinian, Syrian and Lebanese tracks and means to push the staled peace process ahead were also discussed. The Middle East peace stalemate is not acceptable now that the US and Israeli elections are over. There is no justification for the US, being the key peace sponsor, or the Israeli side for not pushing the peace process ahead. During the first meeting of the new Israeli Cabinet the atmosphere between Israeli Prime Minister Ariel Sharon and his deputy Shimon Peres was cordial.