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Davos is between two stations, is Iraq the third?
Economical 05/05/2024
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From Amman to Riyadh, he landed in Davos, and I wonder if Iraq will be his third stop?
The Davos Forum is one of the most important opportunities aimed at strengthening economic relations between countries and creating investment partnerships through their companies seeking opportunities.
This comes at a time when Iraq has the greatest undisputed opportunities due to the extent of the need to rebuild a country that possesses enormous and uninvested wealth.
In the year 2019, on the sidelines of the Davos Forum meetings in the capital, Amman, I wrote an article titled (Davos and others...!), in which I called for Iraq to have a loud voice in this forum based on the countries’ need for promising investment opportunities in it.
Then, in my article, I made a call for Iraq to seek to embrace Davos in the future, but we were not lucky.
Today, his second stop was Riyadh, and of course I mean the Davos Forum, which realized the importance of this major economic forum as an effective means of marketing the size of the Saudi economy and developing and expanding its horizons, as this interest comes from its awareness of the importance of this most prominent economic event at this stage.
I am still monitoring the details of the broad activities that the forum discussed, which came at the heart of countries’ need for each other. Congratulations to our sister Saudi Arabia for this achievement and victory in hosting the Davos Forum in its second leg, and I mean Arab, of course.
I also follow the great effort shown by the Iraqi delegation, headed by the Sudanese, in investing in the opportunity to participate and presenting Iraq’s opportunities for investment. Apparently, the man succeeded in selecting the joints that Iraq needs in its investment priorities, and I mean the energy sector, which is the most important artery of the national economy and the engine of its progress. We hope that these agreements will be strengthened by implementation on the basis of Ground.
However, we need to take stock of the role played by Iraq during its participation in the Davos meetings during these days, starting from the beginning of the year 2024 until now.
We note for the second time that the second station also apparently lacked the participation of an important element, namely the Iraqi private sector, and there may be participations that our media covering the event overlooked.
This point of view stems from the fact that the organization of the Davos Forums was not purely official, meaning that the attendance of governments was symbolic, while the private sector (large companies in particular) took care of all the details and arrangements for the organization.
Therefore, it was necessary to know whether the Iraqi delegation included representatives of businessmen who own (companies), that is, a real private sector, in order to know the government’s directions, the country’s need, and the countries’ needs for investment, on the basis that when international companies decide to invest in developing countries, their first requirement is to search for local partners ( Private sector) to help implement their projects. Here the importance of my observation about the nature of participation emerges.
In conclusion, and given the importance of this most prominent event (Davos), I renew my call for it to be the third Arab stop, in embracing Davos, Iraq, being the center of attraction for the world’s economies through its “Development Road” project, which serves the global economy and all its countries.
Today, the sound and correct foundations are being laid for rebuilding Iraq in a way that lives up to its potential, history and future.
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