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Saudi Minister of Economy: The special meeting of the World Economic Forum in Riyadh represents a unique opportunity to redraw development paths

Riyadh (UNA/SPA) - Saudi Minister of Economy, Faisal bin Fadel Al-Ibrahim, confirmed that the special meeting of the World Economic Forum in Riyadh represents a unique opportunity to redraw development paths in all countries, and adopt a new model of international cooperation, aiming to move forward towards overcoming divisions and achieving common prosperity. .

This came during his participation in the first press conference of the special meeting of the World Economic Forum, alongside the President of the World Economic Forum, Borg Brende, which was held at the King Abdulaziz International Conference Center today, prior to the launch of the special meeting over the course of the days of April 28 and 29, under the slogan “International Cooperation.” Growth and energy for development,” in the presence of a number of heads of state, and more than 1000 senior officials, international experts, opinion leaders and thinkers, from governmental and private sectors, international organizations and academic institutions from 92 countries.

The Saudi Minister of Economy said: “The global economic landscape is volatile and witnesses many challenges. Climate change has become a major challenge to the future of all humanity, and technologies are changing the form of life as we know it very quickly.” Therefore, addressing these challenges requires a systematic transformation, a fundamental re-evaluation of plans and policies, in addition to a re-evaluation of economic ties and models that are less solid than they were before.”

Regarding the importance of Saudi Vision 2030 and its local and cross-border impact, he said: “Eight years after the launch of Saudi Vision 8, we have demonstrated our readiness to lead the path towards an advanced model of growth based on transformation, characterized by innovation and sustainability. “Our vision is to chart the path towards a prosperous economy based on knowledge and innovation, a path that unleashes the enormous potential of our human capital.”

It is noteworthy that the holding of the special meeting of the World Economic Forum in Riyadh comes with the aim of supporting global dialogue and finding solutions to common global challenges in light of the complex economic turmoil and challenges that destabilize the world, as the meeting will work according to an agenda aimed at enhancing methods of future thinking in dealing with crises.

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