SHARM EL-SHEIKH: Arab and European leaders ended their first summit on Monday pledging to launch a “new era” of cooperation on issues ranging from counter-terrorism to migration. About 40 Arab League and EU leaders stressed at their two-day summit in Sharm El-Sheikh how their challenges were interlinked and required joint efforts to meet them. In a final statement, the leaders pledged to “embark on a new era of cooperation and coordination” that would boost stability and prosperity in both regions and beyond, all within a rules-based international order. Egyptian President Abdel Fattah El-Sisi, the summit host, highlighted common interests on counter-terrorism, migration, economic development and efforts for peace in Yemen, Syria, Libya as well as between Israel and the Palestinians. However, there were differences on how to deal with Iran. One Western diplomat said several Arab countries wanted a firmer position on Tehran in the final summit statement, but the Europeans refused. Both sides agreed on the need to work together to manage migrant and refugee flows as well as fight extremists, though Europe is itself divided on migration. Luxembourg Prime Minister Xavier Bettel said the summit was important for acknowledging cultural, religious and other differences while trying to find “joint solutions,” such as in Syria. He said the summit was a way to establish personal contacts and lay the groundwork for future talks. German Chancellor Angel Merkel said: “The fate of the European Union depends to a significant degree on the fate of the countries of the Arab League. “We saw this in the context of migration, of refugees, and therefore the task is to nurture multilateral cooperation, even if at times there are very different viewpoints.” Belgian Prime Minister Charles Michel repeated an EU admission that it should have long ago held full summits with leaders of a neighboring region whose fates are linked. “The situations in this region cause instability, insecurity, first of all for the region itself,” Michel said. “There are countries that have numerous refugees following conflicts in the region, in Syria for example, but that also has an impact in Europe.”