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Climate change & global trade talks at World Economic Forum agenda

Jan '07
The World Economic Forum Annual Meeting 2007 has opened with a call from leaders to make progress on resolving climate change and restart the Doha round of global trade negotiations.

The Annual Meeting Co-Chairs joined Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, in urging participants to confront “The Shifting Power Equation” and use the five-day meeting to shape the 2007 global agenda.

Some 2,400 participants from 90 countries are participating in the Annual Meeting 2007, including 24 heads of state or government, 85 cabinet ministers, religious and media leaders, and heads of non-governmental organizations. Around 50% of the participants are business leaders drawn principally from the Forum's membership – 1,000 of the foremost companies from around the world and across all economic sectors.

“In some ways, we are living in a schizophrenic world. On the one hand, we have an economy that is doing well and the prospects for this year are very promising; on the other hand, we have so many underlying imbalances, inconsistencies, weaknesses and fragilities."

"So what we want to do at the Annual Meeting is to highlight the need to address those global challenges. I feel at the top of the agenda will probably be climate change, globalization, of course the WTO discussions will play a role, and the situation in the Middle East will be very much at the forefront of concerns. These are only some of the key aspects,” said Professor Schwab.

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