Jordan Times
Tuesday, May 3, 2005

WEF to tackle key issues facing Arab world

DUBAI (Petra) — Finance Minister Bassem Awadallah said on Monday that this month's meeting of the World Economic Forum (WEF) at the Dead Sea will launch a reform initiative for the Arab world comprising administrative, economic and educational reforms.

At a press conference held in Dubai, Awadallah said this year's event, to run from May 20-22, will include renowned experts who will present a vision of reform at the WEF in cooperation with 20 Arab scholars in order to draft an Arab agenda for reforms.

Reiterating His Majesty King Abdullah's desire that the Arab world should adopt an active role in the reform process, by drafting its own plans and programmes, Awadallah said Jordan is proud to host the event for the third consecutive year.

Addressing the WEF Asia's Roundtable meeting in Singapore last week, the King said, “deep change cannot succeed unless it responds directly to its own society. It must reflect public priorities and concerns. No action imposed from outside will generate that public buy-in.”

The meeting will host regional leaders, ministers and high-ranking officials from Europe, Asia and the US. In addition, 1,000 guests will attend from different world countries to address the region's political, economic and social changes.

We are looking forward to a large contribution from the private sectors of different world countries, particularly the US, Europe and Arab countries, said Awadallah.

The WEF meeting will provide a chance to meet with world leading businessmen and financial key figures. It will also represent a platform for the world leaders and high-ranking officials to exchange viewpoints, he added.

Education ministers from the Arab countries and the G-8 countries will be attending. They will discuss educational reforms, said Awadallah, who stressed that these reforms form the basis for comprehensive regional reform.

Among the topics to be discussed is the relationship between education and sustainable development, the role of education in promoting religious understanding and gender equality, and the relationship between educational institutions and modernised and diversified economies.

The meeting will also look into ways to boost cooperation between the Arab countries and non-Arab Asian countries, which have adopted successful economic reform policies, said Awadallah, highlighting the example of Singapore.

In relation to the significance of the Kingdom's role in playing host to the forum, Awadallah said the event helps promote the Kingdom's culture and tourism sectors as well as its investment environment.

The latest developments in Lebanon, Iraq and Palestine, the increase in oil prices and ways to create new job opportunities in the region will also feature on the meeting's agenda.

The WEF describes itself as an independent international organisation committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.


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