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PM Abbasi to participate in World Economic Forum’s meeting

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi will participate World Economic Forum’s meeting in Switzerland.
According to foreign office statement, the premier will also participate in a number of important events and hold bilateral meetings with world leaders and Chairpersons and CEOs of fifteen leading multinational organizations from the US, Europe, China and Japan.
He will interact with Heads of States and Governments in a Special Session of the Informal Group of World Economic Leaders. He will also participate in a WEF session titled “the Belt and Road Impact” being held tomorrow.
The Prime Minister will interact with major international media outlets including the Wall Street Journal, Nikkei and FT Group, the Washington Post, CNN, and the Reuters.
Participation of the Prime Minister in the Forum Annual Meeting 2018 provides an opportunity to project Pakistan as prime destination of business, investment and trade. He will highlight Pakistan’s upward economic trajectory and its huge potential.
According to Managing Director IMF, GDP growth of Pakistan will tough new heights in 2017-18 and Pakistan’s economy will be strengthened in 2018 as compared to 2013.
Pakistan is selected as the new head of the Group of 77 (G77) and China Group of Developing Countries in Geneva for 2018.
The charge was transferred by Ambassador James Alex Msekela of Tanzania to Ambassador Farukh Amil in the presence of United Nations (UN) Conference on Trade and Development (UNCTAD) secretary general Mukhisa Kituyi and other UN officials.
The delegates, while speaking on the occasion, said that it was more important than ever to stay united now in the face of threats to the multilateral system maintained by the UN.
Ambassador Amil, addressing the attendees, urged for the reinvigoration of the G77 and for the UNCTAD to address present-day challenges.
He also stressed on the need for developing countries to adapt to and focus on emerging technologies, as they have significant implications on the economic and social development.

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