Botswana: Masisi Attends Forum

Davos-Klosters — President Dr Mokgweetsi Masisi is expected to arrive in the mountainous village of Davos-Klosters, Switzerland today to attend the 50th World Economic Forum (WEF) slated for 20 to 24 January.

First Lady, Neo Masisi, Minister of Investment, Trade and Industry, Ms Peggy Serame and other officials are accompanying the President.

The meeting is held under the theme: Stakeholders for a Cohesive and Sustainable World, with a focus on renewing the concept of stakeholder capitalism to overcome income inequality, societal division and the climate crisis.

Other than contributing to various topics such as Champions for Nature; the road to 2030, Dr Masisi will hold bilateral meetings including one with Executive Chairman and brainchild behind WEF, Professor Klaus Scwhab.

In his quest to turn around the economy, President Masisi has alluded to the importance of forging alliances with like-minded partners across the globe with a view to seek solution to problems faced by Botswana such as rising levels of unemployment especially among the youth.

He vouched during Botswana's maiden attendance of WEF that the nation would bring in a larger delegation in 2020 to exploit countless opportunities that had the potential to improve the livelihoods of its people.

To this end Botswana Innovation Hub (BIH) as well as Botswana Investment and Trade Centre (BITC) are in attendance.

The 2020 WEF will bring together 3000 participants from around the world and aims to give concrete meaning to stakeholders' capitalism, assist governments and international institutions in tracking progress towards the Paris Agreement on climate change and the sustainable development goals.

The 50th annual meeting will also facilitate discussions on technology and trade governance, climate and environmental challenges, transformation of industries with a view to achieve more sustainable and inclusive business models as well as how to govern technologies.

The US President, Donald Trump, United Nations (UN) Secretary General Antonio Guterres, Prime Minister of Italy Giuseppe Conte, Prime Minister of Spain Pedro Sanchez and some Presidents from Africa among them Felix Tshesekedi of Democratic Republic of Congo, Nana Akufo-Addo of Ghana are expected to attend the forum.

<i>Source : BOPA</i>

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