Jordan Times
Wednesday, May 5, 2004

Planning minister outlines WEF agenda
Awadallah urges Arab private sector to participate in force to convey their messages to the world

By Rami Abdelrahman

AMMAN — Planning and International Cooperation Minister Bassem Awadallah on Tuesday urged the Arab private sector to participate in force at the forthcoming World Economic Forum (WEF) to be held for the second time at the Dead Sea.

“This is an opportunity for Arabs to convey their messages to the world and to show the world what was achieved and what is planned,” Awadallah told a press conference.

“His Majesty King Abdullah is keen on providing leeway to Arab private sector businessmen to participate in the meetings,” stressed Awadallah, also the head of the WEF-Jordan Coordination Committee. “The King believes that the private sector is a key component in achieving development goals.” He said the WEF plenary and parallel meetings, due to take place between May 15-18 on the eastern shore of the Dead Sea, are going to put under the spotlight Arab reforms, the Arab- Israeli conflict, security and other major challenges hampering development in the Arab region.

He added that the forum will look into Iraq's rebuilding, as the meetings are held weeks ahead of transferring sovereignty to an interim government in Baghdad.

The minister announced more than 450 businessmen, 450 officials and 350 media persons from most parts of the world are going to participate in the meetings to be held under the slogan “Facing the Real Challenges: Partnering for a Renaissance.” “More than 1,000 participants, including leaders, ministers, top executives and academics are going to discuss the role of economy in reinforcing world stability,” he indicated noting that the leaders of major world corporations in the energy, pharmaceuticals, tourism and information communication technology fields will hold talks in this regard. He pointed out that “high level” delegations are expected to participate from the US, EU, Syria, United Arab Emarites, Egypt, Libya, Bahrain, Tunis, the occupied Palestinian territories among other delegations.

Success story

Awadallah told reporters the meetings highlight “Jordan as a success story” of reforms, economic growth, and community participation.

“Despite all difficulties and regional challenges, the Kingdom was a leader in social, political, and economic reforms and development,” the minister said, adding that Jordan “has a lot to teach and much to learn.”

“We want the international community to know what we have been doing, and we want to promote our plans to the world... Jordan has a lot to give and achieve,” Awdallah emphasised.

Awadallah indicated that the King, Prime Minister Faisal Fayez, ministers, central bank governor, Aqaba Special Economic Zone commissioners and other senior officials in addition to private sector representatives are going to be involved in the proceedings.

The minister added that the government has been studying introducing different initiatives such as investment, trade, finance and tourism in the coming WEF meetings like last year's Education Initiative,” he elaborated.

According to Awadallah, the Arab Business Council, which was established in Jordan during last year's WEF meetings, will be responsible in the follow-up of initiatives on the regional level.

He also announced that the Kingdom will sign a Free Trade Agreement with Singapore.


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