Davos-2018: main issues of World Economic Forum

Source : 112 Ukraine

The World Economic Forum opens today in Davos. It will be the 48th meeting of the influential people from all over the worlds
13:01, 23 January 2018

World Economic Forum

The World Economic Forum takes place this year within the topic ‘Creating a Shared Future in a Fractured World’. Davos will accept 2,500 guests from more than 100 countries of the world: representatives from business, political leaders, heads of the international organization, journalists and representatives of the civil society.

Related: Poroshenko, Juncker discuss creation of Anti-corruption court by phone

‘Ten years ago, when leaders gathered in Davos, we were at the beginning of the global financial crisis. I predicted that the financial crisis would be followed by an economic, and ultimately by a social crisis. Now, ten years later, we look once again with optimism at our future, having managed the financial crisis and returned to strong economic growth. But still, we are stuck in a social crisis and there is no doubt that we are living in a fractured world. The big concern is that our optimism lets us forget that economic growth without restoring the social contract will not be sustainable’, Klaus Schwabe, the founder of the WEF claimed in his statement to the forum’s participators.

More than 70 leaders of the states and governments, including Petro Poroshenko, the President of Ukraine, Emmanuel Macron, the president of France, Andrzej Duda, the President of Poland, Angela Merkel, the Chancellor of Germany, Theresa May, the Prime Minister of the UK, Justin Trudeau, the Prime Minister of Canada, Jean-Claude Juncker, the President of the European Commission and Benjamin Netanyahu, the Prime Minister of Israel will visit the 48th session of the forum. Also, the organizers claimed that Donald Trump, the President of the US will visit the forum this year, however, the shutdown in the US brought his visit under the question.

Related: Ukraine’s Vice Prime Minister to visit Warsaw, - Klimkin

The participators will visit more than 400 sessions that will be dedicated to the frontmost issues of today’s world. A few hundreds of the issues from the economic up to gender inequality are announced on the agenda. One of the sessions will be dedicated to the sexual harassment. It is expected that the Chancellor of Germany will speak on the future of Europe and the President of France will propose his view of the ‘tomorrow’s world’.

The co-chairmen of the forum this year are women. Christine Lagarde, the Managing Director of the IMF, Ginni Rometti, the CEO of the IBM and Erna Solberg, the Prime Minister of Norway are included on this list.

Related: Normandy Four meeting at ministerial level can take place in Munich, - Ukrainian Foreign Minister

The security provision of the Davos Forum will cost 9.34 million dollars for the authorities. Davos was covered up with snow and many roads were closed before the forum. However, the WEF claimed that it will not hinder the beginning of the forum.

The sidelines of the World Economic Forum 

This year, a lot of meetings at the sidelines of Davos Forum are planned for the Ukrainian delegation. Firstly, the meeting of the Presidents Poroshenko and Trump announced by Foreign Ministry is expected. Trump will be the second president in the US history, who took part in the forum. Earlier Bill Clinton came to Davos. The US President will deliver a special speech on the last day of the forum on January 26.

Also, Christine Lagarde, the Managing Director of the IMF plans to meet the President Poroshenko. IMF supposed that the sides will discuss 'the recent events and the perspectives of the reforms in Ukraine'. It is not excluded that Lagarde and Poroshenko will discuss the draft law on the Anti-corruption court earlier criticized by the IMF.

Related: Poroshenko made 26 visits to 18 states in 2017: France was visited most

Totally, 20 meetings at the sidelines of the forum are planned for the Ukrainian president.

Moreover, the Ukrainian House will be opened for the first time at the forum. Its topic is ‘Ukraine: creativity, innovations, possibilities’. The organizers note that the investment possibilities to the Ukrainian IT sphere and innovations will be presented to the leaders of the world business, technologies, and investments.

Related: Winter session of PACE to be held on Jan. 22-26

Also, the traditional ‘Ukrainian breakfast’ will take place at the WEF. It is planned for January 25 and it is expected that President Poroshenko will be a special guest at it. Ukrainian leader did not visit this event last year.

The program of the work trip of the president is not published yet.


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