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PM Shehbaz Sharif in Saudi Arabia to attend special meeting of World Economic Forum

PM Shehbaz Sharif in Saudi Arabia to attend special meeting of World Economic Forum
April 27, 2024 Web Desk

LAHORE (92 News) – Prime Minister Shehbaz Sharif on Saturday reached Saudi Arabia to attend a two-day special meeting of the World Economic Forum (WEF) on ‘Global Collaboration, Growth and Energy for Development’.

Riyadh Deputy Governor Prince Mohammed bin Abdulrahman bin Abdulaziz welcomed the prime minister at the airport. Pakistan Ambassador Ahmed Farooq and other officers were also present.

The prime minister is accompanied by the key members of the federal cabinet. He was invited to attend the WEF meeting by Crown Prince and Prime Minister of Kingdom of Saudi Arabia Mohammed bin Salman Al Saud and WEF Founder and Executive Chairman Professor Klaus Schwab.

During the meeting, the prime minister would spell out Pakistan’s perspective on health, financial technologies, information technology, comprehensive development, regional cooperation and an equitable and sustainable use of energy for the global progress.

On the sidelines of the WEF meeting, he is also expected to hold bilateral meetings with the global leaders, head of world bodies and other important personalities. About 1,000 leaders from business, government and academia will participate in the Special Meeting on Global Collaboration, Growth and Energy for Development.

The meeting, 28–29 April 2024, will focus on new pathways to reinvigorate growth globally amid the challenges posed by an increasingly fragmented geopolitical and economic environment. The event will bridge the growing North-South divide, which has further widened on issues such as emerging economic policies, the energy transition and geopolitical shocks. The meeting’s programme includes a variety of pressing global issues. Other topics include geopolitical upheavals notably the conflicts in Ukraine and Gaza; defining and designing new types of economic growth and job creation to improve living standards globally; advancements in artificial intelligence and other emerging technologies; the restructuring of supply chains; and the need to advance an equitable and sustainable energy transition.