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Forum discusses economy, trade & technology

Kuwait, June 23, 2009

The World Economic Forum on East Asia, which recently concluded in Seoul, South Korea, gathered business leaders to discuss topics related to the economic downturn, trade relations and green technology.

Tarek Sultan, the chairman and managing director of Agility, one of the world’s leading providers of integrated logistics to businesses and governments, was the co-chair of the forum held on June 18 and 19.

“Most business and political leaders are focused on the current economic crisis but it also important that we can discuss shaping the post-crisis world and how we plan for the recovery,” said Sultan.

“In the logistics sector Agility is investing in building our network to increase our presence and also on taking advantage of intra-regional trade flows,” said Sultan, who is also chair of the logistics committee of the forum.

During the event, Sultan joined discussions on Asia and the green environment, business opportunities during the economic downturn, and the next steps for Asia in global redesign, among others.

Commenting on environmental initiatives in Asia, Sultan noted that “many countries in Asia are making major investments into building and promoting environmental initiatives, which could lead to developing new technologies, generate new jobs, and lead to healthier living environments.”

“It is important that we allow for the creation of new ideas and initiatives to be shared amongst the global community,” he said.

At discussions on the subject of the ‘Next Steps for Asia in Global Redesign’, Sultan stressed the “importance of education and skills-training to prepare local talent for the upturn.”

The forum closed with a dinner hosted by the President of the Republic of Korea, Lee Myung-bak, where Sultan had a private meeting with the President and other co-chairs of the summit. – TradeArabia News Service




Tags: World Economic Forum | Agility | Kuwait | Seoul | Tarek Sultan |

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