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Dubai to host Regional Organizations meet

Geneva, Switzerland, Oct 11 (RDI) The Government of the United Arab Emirates together with the World Economic Forum will host the inaugural Meeting of Leaders of Regional Organizations on Nov 12-The meeting will take place in Dubai in conjunction with the Summit on the Global Agenda 2012, which will take place on Nov 12-14.

Regional organizations are emerging as key vehicles to address major gaps in international cooperation.

Today, over 50 major regional organizations worldwide address key challenges including trade and finance, climate change, trans-border security and economic development. They therefore represent an important platform for discussion for both regional and global agendas.

"The global economy is facing deep systemic and structural changes, fuelled by fiscal imbalances, widening income gaps, geopolitical risks and growing resource constraints. This has a direct impact on developments in different regions and only underscores the significance and mandates of the world's regional organizations," said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

"We are therefore delighted to work with the Government of the United Arab Emirates represented by H.H. Sheikh Abdullah Bin Zayed Al Nahyan, Minister of Foreign Affairs in bringing together leaders of key regional organizations for their first global meeting," said Schwab.

This year, the Summit will focus on new strategies for sustainable growth through improvements in inclusiveness, innovation and governance in a networked, hyperconnected age.

Outcomes of the Summit will be integrated into the programme of the World Economic Forum Annual Meeting 2013 in Davos-Klosters, Switzerland, for further discussion and action.

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