President to lead Indonesia’s delegation to 41st WEF in Davos

Thursday, 20 January 2011

ANTARA News Agency

President Susilo Bambang Yudhoyono will lead Indonesia`s delegation in the 41st World Economic Forum (WEF) in Davos-Klosters, Switzerland next January 26-31, Trade Minister Mari Elka Pangestu said on Thursday.

The annual forum was an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

The minister said she would accompany President Yudhoyono to the forum with several senior officials such as Coordinating Minister for the Economy Hatta Radjasa, Finance Minister Agus Martowardojo, Foreign Affairs Minister Marty Natalegawa, Investment Coordinating Board` (BKPM) chair Gita Wirjawan and leaders from national enterprises namely Bank Mandiri, BNI, Garuda Indonesia, Bhumi Resources, Indorama and Gunung Sewu.

"Indonesia will use this year`s WEF to increase cooperation between Indonesia and other countries. We will also make use of the meeting to attract more investors to Indonesia," the minister said.

She added President Yudhoyono in January 27 or second day of WEF event in Davos-Klosters was scheduled to deliver a speech about trade and development. "President Yudhoyono is one among five speakers scheduled to deliver speech during the meeting," she said.

The 41st World Economic Forum Annual Meeting in Davos-Klosters, Switzerland will take the theme of Shared Norms for the Reality. Over the five-day Meeting, over 2,500 leaders from over 100 countries will convene in Davos-Klosters, representing business, government, civil society, academia and culture.

The theme of the World Economic Forum Annual Meeting has four interconnected pillars namely responding to the new reality, the economic outlook and defining policies for inclusive growth, supporting the G20 agenda and building a risk response network

A major focus of this year`s meeting will be how to deal with global risks, develop risk mitigation strategies and capture related opportunities. The World Economic Forum will present its Risk Response Network at the Annual Meeting, which will serve as a preparatory, analytical and highly practical framework for the global community in the service of improving global risk management. The Risk Response Network is a platform designed to better understand, manage and respond to complex, interdependent risk.