UAE Government signs Sustainable Global Strategic Partnership agreement with World Economic Forum at Davos 2022
The UAE government and the World Economic Forum (WEF) have signed a sustainable global strategic partnership agreement that aims to boost the exploration of future opportunities, while augmenting integration and cooperation in supporting global efforts to achieve mutual objectives and develop comprehensive future plans and strategies.
The UAE-WEF Sustainable Global Strategic Partnership was unveiled during a high-level meeting between His Excellency Mohammad Abdullah Al Gergawi, UAE Minister of Cabinet Affairs, and Prof. Klaus Schwab, WEF Founder and President. The bilateral meeting was held on the sidelines of the WEF Annual Meeting in Davos.
The UAE-WEF global partnership encompasses numerous levels of cooperation, partnerships, bilateral initiatives and programs. The agreement seeks to bolster the UAE’s national strategies and achieve its future visions across different fields. It also supports achieving WEF’s objectives by leveraging innovation, technology, artificial intelligence (AI), and Fourth Industrial Revolution solutions and tools across various vital sectors.
His Excellency Mohammad Al Gergawi highlighted that the UAE is positioning itself as a hub for positive future change, through the insights of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. He added that the new partnership agreement embodies the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance the position of the UAE as a hub for future government practices, and a platform for pioneering partnerships that inspire futureproofing.
Prof. Klaus Schwab praised the joint efforts of the UAE and the forum, which contribute to strengthening the global capability to deal with challenges at various levels by utilizing technology and innovation.
He said, “The UAE shares a remarkable vision of innovation for the global common good. The World Economic Forum is proud of our many partnerships together which aim to mobilize public and private sector action to address global food security, climate resiliency, trade innovation and responsible technology innovations as some of the world’s most challenging issues.”
The UAE-WEF strategic sustainable global partnership agreement strives to support and boost cooperation and integration through four main pillars: the Centre For The Fourth Industrial Revolution UAE; reinforcing public-private sectors partnerships; supporting the participation of UAE ministers and government officials in meetings, conferences and events organized by WEF regionally and globally; and launching a special summit that focuses on future opportunities and defining challenges for which the world must prepare.
The UAE government, in partnership with the World Economic Forum, will launch the global network of international accelerators. The global cooperative village will also be launched in partnership with global organizations, governments, the private sector, and community institutions around the world. It is a village in the world of metaverse for working together and cooperating in finding solutions to the urgent challenges facing the world, shaping new sectors, and setting a new vision for the regional and global agenda.
The UAE government also signed a strategic partnership agreement that focuses on organizing the annual meetings of the Global Future Councils, in partnership with the World Economic Forum, in the next two years. These meetings will host more than 300 government officials, experts and specialists to discuss new trends and future changes in 20 major councils.
The Global Future Councils contribute to strengthening the position of the UAE as a knowledge hub, gathering the elite of Arab minds and thinkers with the aim of developing a new vision for the future, creating the future, enhancing opportunities for generations and enabling them to face various challenges and find successful solutions. The latest annual meetings in 2020 have attracted more than 1,000 experts and specialists in 31 sectors from more than 80 countries to contribute to the development of a global joint effort in 40 global councils.
The UAE is participating in the activities of the annual meeting of the World Economic Forum in Davos with a high-level delegation, which includes a number of ministers and officials in the federal government, and senior officials in the government of Abu Dhabi and the government of Dubai. Seven ministers in the UAE government will speak in key sessions covering the most vital future sectors.
