ISTANBUL, Turkey โ Regional connectedness will lead to greater economic and political stability, Arab leaders said in the opening plenary of the World Economic Forum on the Middle East, North Africa and Eurasia in Istanbul, Turkey. The meeting, convening under the theme โBridging Regions in Transitionโ, marks the first time in its 42-year history that the Forum has gathered leaders for a special cross-regional meeting.
โAny problem in one country has something to do with another country,โ said RecepTayyip Erdoฤan, Prime Minister of Turkey. When war, conflict, migration and terror take place in a neighbouring country, those events have an effect on oneโs own country, he added.
Turkeyโs active engagement in regional affairs as well as its growth model, combining democratic governance and economic stability in the face of pronounced global challenges, could offer lessons for other nations in the region. Political turmoil in Syria and the on-going stalemate in the Arab-Israeli peace process are two issues that underscore the need for regional cooperation.
โToday, we are not at war or at peace [with Israel],โ said Mahmoud Abbas, President of the Palestinian National Authority. โThis could go on for decades.โ Abbas called on Israel to accept the Arab Peace initiative, particularly in the face of rapid changes in the region since the Arab Spring. โThis opportunity might not stay on the table for long because the region is currently in turmoil,โ he said.
Tunisia, which served as a โcradleโ for the Arab Spring, has become the focus of international attention as it transitions to democracy. Hammadi Jebali, Prime Minister of Tunisia, observed that the nationโs political turmoil was inextricably linked to its economic difficulties. Rebuilding a strong foundation for democracy and prosperity will require significant economic development. Jebali issued a call to Arab businesses in particular: โYou need to invest in democracy. We all need to invest in democracy. We need to support this Tunisian modelโ.
The diversity of the region is reflected in the Co-Chairs of the meeting:
Frederico Curado, President and Chief Executive Officer, EMBRAER, Brazil
Ibrahim S. Dabdoub, Group Chief Executive Officer, National Bank of Kuwait, Kuwait
Muhtar A. Kent, Chairman of the Board and Chief Executive Officer, The Coca-Cola Company, USA
Andrey L. Kostin, Chairman and Chief Executive Officer, VTB Bank, Russian Federation
Giuseppe Recchi, Chairman, Eni, Italy
Gรผler Sabanci, Chairman and Managing Director, Haci รmer Sabanci Holding, Turkey
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- Turkey's active engagement in regional affairs as well as its growth model, combining democratic governance and economic stability in the face of pronounced global challenges, could offer lessons for other nations in the region.
- ISTANBUL, Turkey โ Regional connectedness will lead to greater economic and political stability, Arab leaders said in the opening plenary of the World Economic Forum on the Middle East, North Africa and Eurasia in Istanbul, Turkey.
- The meeting, convening under the theme โBridging Regions in Transitionโ, marks the first time in its 42-year history that the Forum has gathered leaders for a special cross-regional meeting.