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The Minister of International Cooperation meets the President of the World Economic Forum to discuss cooperation


Dr. Rania Al-Mashat, Minister of International Cooperation, held a session of bilateral talks with Mr. Borge Brende, President of the World Economic Forum, as part of the activities of the St. Petersburg International Economic Forum 2021, which was held from June 2-5, to discuss global economic issues.


During the meeting, Dr. Rania Al-Mashat referred to the cooperation between the Ministry of International Cooperation and the World Economic Forum in many activities and fields, especially the launch of the catalyst to bridge the gender gap, during the past year, and the launch of its implementation plan last February.


Egypt is the first country in Africa and the Middle East and North Africa region to launch a catalyst to bridge the gender gap, in partnership between the Ministry of International Cooperation, the World Economic Forum, and the National Council for Women, with the aim of taking executive steps and encouraging policies to bridge the gender gap, empower women, and stimulate their participation in Labor market.


The Minister of International Cooperation stated that the forum provided unique platforms that bring together all relevant parties, to exchange views and experiences among leaders from all over the world, and advance the reform agenda in various fields, through global and regional summits and annual meetings, where the spotlight is shed on on topics that pose a pressing global challenge at the economic level, and convene discussions between policy makers and leaders at the political, commercial, cultural and other levels to shape a global and regional agenda.


At the beginning of 2020, the Minister of International Cooperation was chosen to chair the first board of directors of the Middle East and North Africa Future Group, on the ministerial side, which was formed to celebrate the 50th anniversary of the launch of the World Economic Forum, along with Alain Bijani, CEO of Majid Al Futtaim, co-chair of the council. For the private sector, which included representatives of relevant parties from the governmental and private sectors and international economic experts from the region, to be a participatory platform for studying international economic developments and their effects on the economies of the region, and formulating important initiatives.


Then it was developed, to become the Regional Working Group for the Middle East and North Africa, which was launched in April 2020, to advance the agenda and discuss the re-launch of building strategies in the region after the Corona pandemic, and the working group included in its membership Dr. Rania Al-Mashat, Minister of International Cooperation, and a number of The region’s leaders include Saudi Finance Minister Muhammad Al-Jadaan, UAE Minister of Economy Abdullah bin Touq, UAE Minister of State for Foreign Trade Thani Ahmed Al-Zeyoudi, Jordanian Finance Minister Muhammad Al-Isas, Oman’s Minister of Trade and Industry Ali Al-Sunaidi, and others.


And the regional working group for the Middle East and North Africa issued a document of the economic and social system inclusive of the relevant parties, which is based on seven principles aimed at a comprehensive, sustainable and flexible economic recovery and achieving cooperation between the governmental and private sectors, to reshape societies and economies, allowing a stronger exit from the epidemic. More flexible than before, the document is based on seven principles: formulating comprehensive economic policies and a new social contract, stimulating economic integration, reshaping education systems, harnessing the Fourth Industrial Revolution, promoting environmental sustainability, mitigating global health risks, and commitment to good and flexible governance.


It is worth noting that the annual report of the World Economic Forum for 2020, entitled “We are committed to developing the world”, included a speech by Dr. Rania Al-Mashat, Minister of International Cooperation, about her various activities with the forum since she was nominated in 2014, to join the list of young international leaders, and her continued participation. In the platforms, activities and discussions of the forum during the various positions, Dr. Rania Al-Mashat also highlighted the important initiatives launched with the forum during 2020.


The World Economic Forum is an international organization that works to enhance cooperation between the governmental and private sectors, through an annual economic forum, in which the most prominent political, economic and other leaders of the public from various countries of the world participate; The Forum was established in 1971 in Geneva, Switzerland.

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