PM Shehbaz in KSA to attend WEF special meeting in Riyadh

PM Shehbaz in KSA to attend WEF special meeting in Riyadh

Riyadh (Web Desk/Agencies): Prime Minister Shehbaz Sharif on Saturday arrived in Riyadh, Kingdom of Saudi Arabia (KSA), to participate in a special meeting of the World Economic Forum (WEF) on ‘Global Collaboration, Growth, and Energy for Development’, being held on April 28-29.

Deputy Governor of the Riyadh region Prince Mohammed bin Abdulrahman Bin Abdul Aziz, Pakistan’s ambassador to Saudi Arabia and embassy staff received the premier and his delegation at the Riyadh Royal airport.

The prime minister 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.

According to a press release issued by Prime Minister’s Office Media Wing, during the meeting, the PM Shehbaz 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, the premier is also expected to hold bilateral meetings with the global leaders, head of world bodies and other important personalities.

As per a statement by the WEF, 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 will focus on new pathways to reinvigorate growth globally amid the challenges posed by an increasingly fragmented geopolitical and economic environment.

It will revolve around three themes: revitalizing global collaboration, a compact for inclusive growth, and catalysing action on energy for development, the statement added.

The event bridges the growing North-South divide, which has further widened on issues such as emerging economic policies, the energy transition and geopolitical shocks.

The statement further says that the meeting’s programme includes a variety of pressing global issues. 

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.