JEDDAH: The president of the Inter-Parliamentary Union (IPU), Gabriela Cuevas Barron, has praised Saudi efforts to promote joint action with the international community on Arab, Islamic and international issues.
Following her meeting with Dr. Abdullah Al-Asheikh of the Saudi Shoura Council, as part of her current visit to the Kingdom, Barron said that the IPU sees Saudi Arabia as an important partner for progress, especially given its role as a leading provider of global energy.
She also stressed that the Kingdom is an important player in countering international extremism, and that Saudi Arabia is among the most vociferous supporters of the IPU and its agenda.
Barron said that the world is facing serious challenges and needs more sound and sensible voices that believe in reason, dialogue and joint action under the umbrella of IPU.
Al-Asheikh highlighted the importance of these meetings in promoting joint action between the Shoura Council and IPU to strengthen the Shoura Council’s role in this important inter-parliamentary forum, reflecting the Kingdom’s international status and convey its views on many regional and international issues.
Barron thanked Al-Asheikh for his continued support for the work of IPU, stressing the need for combining the efforts of the different parliamentary councils to promote cooperation between states.
During the meeting, they discussed a number of topics that target improving cooperation between the Shoura Council and IPU.
Barron also met with several other politicians and dignitaries at the meeting in Riyadh.
The IPU is a global forum for parliamentarians, with 178 members that meet annually to discuss global issues.
‘Saudi Arabia an important partner for stable, prosperous world’ — President of IPU
‘Saudi Arabia an important partner for stable, prosperous world’ — President of IPU
- The IPU is a global forum for parliamentarians, with 178 members that meet annually to discuss global issues
- Gabriela Cuevas Barron stressed that Saudi Arabia is an important player in countering international extremism, and that the Kingdom is among the most vociferous supporters of the IPU and its agenda
Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference
- Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
- Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan
RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.
The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.
Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.
Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.
Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.
“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.
Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.
“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.
“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”
