Remarkable Saudi Participation in Davos 2020

The World Economic Forum’s annual meeting begins on Tuesday © AP
The World Economic Forum’s annual meeting begins on Tuesday © AP
TT

Remarkable Saudi Participation in Davos 2020

The World Economic Forum’s annual meeting begins on Tuesday © AP
The World Economic Forum’s annual meeting begins on Tuesday © AP

The forthcoming World Economic Forum (WEF) annual meeting in Davos, Switzerland, will witness remarkable Saudi presence among international delegations.

Saudi officials from various economic and development backgrounds, including ministers and government chief executives, were invited to the event.

Saudi officials are expected to review the Kingdom's successes pertaining to the ambitious national transformation project known as “Vision 2030.”

“Vision 2030” contributed to accelerating the pace of development in the Kingdom and helped in achieving goals of the national transformation project.

Saudi officials participating in the upcoming forum sessions will be sharing visions about the future of the world related to the economy, environment, society, and politics.

It is noteworthy that Saudi Arabia has assumed the G20 Presidency, leading up to the Leaders' Summit in Riyadh on 21–22 November 2020. The Kingdom’s capital, Riyadh, and other cities are hosting hundreds of meetings, workshops, and preparatory sessions ahead of the G20 leaders ’summit.

On that note, the Davos forum devoted a separate session on its own to talk about the priorities of the G20 hosted by Saudi Arabia this year.

In another session, the Saudi Minister of Energy, Prince Abdulaziz bin Salman, will partake in discussions related to the future of fossil fuels. This comes at a time of uncertainty and turmoil sweeping oil and gas markets amid a slowdown in the growth of the global economy.



Saudi, Brazilian Foreign Ministers Sign MoU to Establish Coordination Council

Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA
Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA
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Saudi, Brazilian Foreign Ministers Sign MoU to Establish Coordination Council

Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA
Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA

Saudi Foreign Minister Prince Faisal bin Farhan has met with Brazilian Foreign Minister Mauro Vieira in Rio de Janeiro on the sidelines of the G20 Summit.

The two officials reviewed relations and discussed regional and international developments.

During Tuesday’s meeting, the ministers signed a memorandum of understanding (MoU) to establish a Saudi-Brazilian Coordination Council, building on the agreement reached between the two countries' leaders during Brazilian President Luiz Inácio Lula da Silva's visit to Saudi Arabia on November 30, 2023.

Director-General of the Office of the Foreign Minister Abdulrahman Aldawood and Saudi Ambassador to Brazil Dr. Faisal bin Ibrahim Ghulam were in attendance.