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January 20, 2023

India Meets with World Economic Forum to advance Progress in addressing Socioeconomic Challenges and G20 Agenda




World Economic Forum


Photo: Smriti Zubin Irani, Minister of Women and Child Development of India, speaking in the “Economics of Women’s Health” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 17, 2023. Image provided by & Copyright © World Economic Forum/Manuel Lopez.


World Economic Forum


Photo: Gita Gopinath, International Monetary Fund (IMF), speaking during the “Fiscal Expansion: A Welcome Return or Ticking Bomb?” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 18, 2023. Image provided by & Copyright © World Economic Forum/Ciaran McCrickard.


World Economic Forum


Photo: Participants at the “30x30 Ambition: Next Steps after Montreal” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 19, 2023. Image provided by & Copyright © World Economic Forum/Manuel Lopez.


World Economic Forum


Photo: Gurudev Sri Sri Ravishankar, Founder, Art of Living Foundation, India, speaking in the “Renaissance of South Asia?” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 19, 2023. Image provided by & Copyright © World Economic Forum/Manuel Lopez.


World Economic Forum


Photo: Rahul Kanwal, News Director, India Today and Aajtak, India Today Group, India, speaking in the “Renaissance of South Asia?” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 19, 2023. Image provided by & Copyright © World Economic Forum/Manuel Lopez.


World Economic Forum


Photo: Claudia Romo Edelman, Founder, and CEO, Hispanic Star, USA, speaking in the “Press Conference: The Hispanic Promise 2.0” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 17, 2023. Media Village, Press Conference Room. Image provided by & Copyright © World Economic Forum/ Greg Beadle.


World Economic Forum


Photo: Participants at the “Reversing the Tide of Global Inequality” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 19, 2023. Congress Centre - Spotlight. Image provided by & Copyright © World Economic Forum/Sandra Blaser.


World Economic Forum


Photo: Ashwini Vaishnaw, Minister of Railways; Minister of Communications; and Minister of Electronics and Information Technology of India, speaking in the “Learning from Semiconductor Supply Shocks” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 19, 2023. Image provided by & Copyright © World Economic Forum/Sikarin Fon Thanachaiary.


World Economic Forum


Photo: Hina Rabbani Khar, Minister of State for Foreign Affairs, Ministry of Foreign Affairs of Pakistan, speaking in the “Renaissance of South Asia?” session at the World Economic Forum Annual Meeting 2023 in Davos-Klosters, Switzerland, January 19, 2023. Image provided by & Copyright © World Economic Forum/Manuel Lopez.


Davos, Switzerland, January 20, 2023 - In Davos, world leaders continue to progress on solutions for the most pressing crises affecting the world. The World Economic Forum Annual Meeting 2023 comes as multiple concerns deepen divisions and fragment the geopolitical landscape. As a result, governments and businesses must address people’s immediate, critical needs while laying the groundwork for a more sustainable, resilient world by the decade’s end.

The program simultaneously addresses immediate crises and future long-term challenges and helps set the scene for India’s G20 presidency.

“I had the pleasure of meeting the Indian ministerial delegation and many of its top business leaders,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “I commend the country’s decisive action on the climate case for renewables, its contribution to the global healthcare ecosystem, the focus on an economic model for women-led development, and its leadership on digital public infrastructure. India remains a bright spot amid global geoeconomics and geopolitical crises.”

The World Economic Forum shares a 38-year history with India and looks forward to continued partnership with the country during its G20 presidency under the leadership of Prime Minister Narendra Modi.

India is promoting just and equitable growth for all in the world during its G20 presidency.

“India’s G20 presidency comes at a crucial time. Prime Minister Modi’s leadership is critical in this fractured world,” Schwab said.

World leaders had gathered at the World Economic Forum Annual Meeting 2023 in the first major international gathering to address ongoing economic, energy, and food crises while laying the groundwork for a more sustainable, resilient world.

While many economists forecast recessionary risks in 2023 and see geopolitical tensions continuing to shape the global economy, there are glimmers of hope that pressures on food, energy, and inflation may be peaking.

“A perfect storm plagues our world on several fronts,” said United Nations Secretary-General António Guterres. He called for urgent action on many interconnected challenges, including the global economic crisis, climate, income and gender inequality, US-China relations, Russia’s invasion of Ukraine, and the lingering effects of the COVID-19 pandemic. “Now more than ever, it is time to forge the pathways to cooperation in our fragmented world,” he concluded.

Cooperation is becoming more virtual, and the Forum’s Global Collaboration Village showed how we could harness the metaverse for inclusive and effective international action. With the golden age of artificial intelligence underway, technology will provide more ways to bring people together.

“We can turn challenges into opportunities through collaboration, innovation, human goodwill, and ingenuity. It is the spirit of solving problems through mutual respect and cooperation. This is the spirit of Davos,” said Klaus Schwab, Founder and Executive Chairman World Economic Forum.

As crises converge, so too must the solutions. As a result, the Annual Meeting emphasized connections across significant systemic challenges. With over 480 sessions, more than 2,700 leaders - including over 350 public figures, government leaders, and 47 heads of state - came together at the Annual Meeting 2023 to address the world’s most pressing challenges.

Source: World Economic Forum

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Edited & Posted by the Editor | 1:30 PM | Link to this Post






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