Foreign Minister Bilawal Bhutto Zardari will represent Pakistan at the World Economic Forum (WEF) annual meeting in Davos, Switzerland on Monday.
Minister of State for Foreign Affairs Hina Rabbani Khar will accompany him.
Bilawal will discuss threats to the security and stability of the area as well as Pakistan’s stance on the economic and social effects of changing geopolitical realities.
The foreign minister is anticipated to emphasise the viewpoint of the developing world on topics such as food and energy security, social vulnerability during periods of high inflation, and sluggish economic growth.
Along with participating dignitaries like political figures, business executives, leaders of international organisations, prominent members of the media, and members of civil society, the foreign minister and the minister of state will also meet with them.
The 53rd annual meeting of the World Economic Forum (WEF), which runs from January 16 to 20, aims to emphasise the importance of discussion and public-private cooperation in navigating current problems as well as fostering long-term transformation.
The WEF meeting in Davos today
The WEF claims that the meeting’s main goals will be to restore a feeling of collective agency and transform defensive measures into proactive, vision-driven policies and commercial strategies.
The current energy and food problems, the “high inflation, low growth, high debt economy,” current industry challenges, societal vulnerabilities, and geopolitical concerns are thus the focus of the conference.
Important heads of state and government will speak at the gathering, and numerous geo-economic and geopolitical discussions will also take place. Business leaders, celebrities from around the world, including those from the G7 and G20 countries, and leaders of international organisations will attend.
In the WEF’s annual risks report from the previous year, respondents ranked climate change as the greatest threat. The severe rains that hit Pakistan later that year served as confirmation of this.
The WEF study sees extreme weather as the world’s biggest danger in the short term and failure of climate action in the medium and long term, or two to 10 years.