Over 500 Top Leaders to Gather in WEF Cancun, Mexico

Over 500 Top Leaders to Gather in WEF Cancun, Mexico

Special to ag-IP-news Agency

MEXICO CITY - The World Economic Forum (WEF) released on April 9, 2008 more details during a press conference on the eve of its regional meeting in Latin America.

The World Economic Forum on Latin America, scheduled to take place in Cancún, Mexico, April 15 - 16, 2008, will bring together over 500 top global leaders from business, politics, government, academia, civil society and the media from 46 countries.

Under the theme “Securing a Place in an Uncertain Economic Landscape”, the meeting will be co-hosted by the Government of Mexico under the patronage of President Felipe Calderón, who will be participating in the event.

The meeting in Mexico will focus on discovering and highlighting business opportunities brought about by the successful execution of a priority reform agenda.

A globally attuned agenda that secures Latin America’s place in a shifting global landscape will be built around five core pillars:

• Global Trends and Economic Shifts
• Asia and Latin America
• Merging Business and the Environment
• Growth through Critical Investments
• Enhancing Innovation in Business and Social Issues

"Mexico has changed, economically, politically, and socially. Our country's economic stability is patently clear in many indicators; our democracy and political plurality is stronger than ever; but above all, we have legal instruments that lend absolute certainty to business relationships,” CEO ProMéxico Bruno Ferrari said.

“Mexico's work force is young and well-trained. We have a logistical platform and outstanding geographic location, with access to 44 countries through trade agreements and treaties that bring us closer to a market of one billion potential consumers,” he added.

“Mexican President Felipe Calderón has said that this country is an opportunity for all who want to invest, because we are determined to diversify, and because we want 'more of Mexico in the world, and more of the world in Mexico,” Ferrari continued.

“Mexico is committed to diversifying opportunities for investment and trade with the entire world, but particularly with Latin America, given our geographic and cultural proximity,” Mexico’s Minister of Economy Eduardo Sojo noted.

“Mexico aspires to be a global leader in logistics and connectivity, and the World Economic Forum in Latin America is an invaluable platform for promoting this effort and bringing concrete, short-tem results to the entire region,” Sojo pointed out.

“Latin America is closing an important cycle of five years with annual GDP growth of over 5% and GDP per capita growth of over 3% per annum. This has allowed the region to reduce poverty, but clearly much more is needed,” Head of Latin America and Global Leadership Fellow, World Economic Forum Emilio Lozoya Austin stated.

“To continue these positive trends, the region needs to deepen its intercontinental ties and work more on different areas to address the slow regional interaction process,” he highlighted.

“Maintaining internal peace, advancing institutional reforms, investing more in education, health and infrastructure, as well as supporting the productive sector rather than focusing on ideologies seem to be the main priorities for the regional leaders in the context of the uncertain global economic landscape,” Austin concluded.

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