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EBRD president to co-chair World Economic Forum meeting on Saturday — statement


The Jordan Times


AMMAN — The European Bank for Reconstruction and Development’s President Suma Chakrabarti will co-chair a meeting of the World Economic Forum (WEF) in Jordan this weekend when leaders gather to discuss challenges facing the MENA region. 
The meeting, titled: “Building New Platforms of Cooperation”, will serve to give participants a platform to exchange views on the global economy and the Fourth Industrial Revolution, which is being driven by the impact of new technology, according to a statement sent to The Jordan Times. 
The meeting in Jordan will be dedicated to opportunities and challenges for development in the MENA region, and the cooperation that is needed to ensure that the benefits of development are distributed equally among all aspects of society.
More than 1,000 decision makers from government, business and civil society will convene at the Dead Sea in Jordan, including leaders from the Gulf Cooperation Council countries, the Levant and North Africa, as well as key international stakeholders from the US, Europe, East Africa and other regions, according to the statement.
EBRD President Chakrabarti will take part in the World Economic Leaders’ Panel on Saturday discussing “The Middle East in a Multiconceptual World”. He is expected to emphasise the key role the private sector has in economic development as an engine for growth, innovation and jobs, the statement said.
The bank president will outline how growth must not only be strong, but sustainable and inclusive. The creation of jobs and opportunities, especially for women and young people, can provide a boost to the economies in the MENA region, according to the statement.

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