POOR COUNTRIES AND BOOSTING FLOW OF DIRECT FOREIGN INVESTMENTS , AND TRANSFERENCE OF TECHNOLOGY TO THE DEVELOPING COUNTRIES AS WELL AS TO SERIOUSLY WORK FOR THE LIBERATION OF INTERNATIONAL TRADE. PRINCE MISHAL NOTED THAT THE KINGDOM HAS JOINED THE INTERNATIONAL EFFORTS FOR FIGHTING POVERTY AND FAMINE, AND HAS EXTENDED SO MANY ECONOMIC ASSISTANCES THROUGH ITS NATIONAL FUNDS AND THROUGH THE REGIONAL AND INTERNATIONAL AGENCIES AS WELL AS THROUGH BILATERAL AGREEMENTS WITH THE DEVELOPING COUNTRIES. 'THE KINGDOM BELIEVES IN COEXISTENCE AND HUMANITARIAN SOLIDARITY AS WELL AS IN CONSTRUCTIVE COOPERATION FOR THE SAKE OF THE ENTIRE PEOPLE', HE SAID. HE POINTED OUT THAT THE KINGDOM HAD EXTENDED AS NON-REPAYABLE ASSISTANCE AND SOFT HUMANITARIAN ASSISTANCE THROUGH BILATERAL CHANNELS AND MULTI-PARTY CHANNELS MORE THAN $83.7 BILLION. HE ADDED THAT THE AFORESAID FIGURE CONSTITUTES FOUR PERCENT OF THE KINGDOM'S GROSS NATIONAL PRODUCT (GNP), WHICH IS CONSIDERED AS THE HIGHEST RATE. PRINCE MISHAL SAID MORE THAN 87 DEVELOPING COUNTRIES IN THE VARIOUS CONTINENTS HAD BENEFITED FROM THE ASSISTANCES EXTENDED BY THE KINGDOM. 'THE ASSISTANCES AIMS AT BOOSTING ECONOMIC AND SOCIAL DEVELOPMENT, AND HELPING THESE COUNTRIES IN DEVELOPING THEIR INFRASTRUCTURE PROJECTS', HE NOTED. MOREOVER, PRINCE MISHAL SAID THE KINGDOM HAD PARDONED MORE THAN $6 BILLION DEBTS ON THE POOR COUNTRIES. --MORE
