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  • Ahmed Saleh

DCO plays vital role at Davos 2024, advancing global digital cooperation

Riyadh, January 14, 2024, The Digital Cooperation Organization (DCO) is gearing up for a prominent role at this year's World Economic Forum Annual Meeting (WEF) in Davos, embodying its crucial position as a key facilitator and partner in advancing multilateral cooperation to shape the global digital economy. With a resolute aim of achieving digital prosperity for all, the DCO's participation in this esteemed global economic forum will be spearheaded by Secretary-General Deemah AlYahya.

AlYahya is set to contribute as a panel member in several high-profile sessions, engaging alongside senior international government ministers and influential digital decision-makers from the private sector. The discussions will revolve around unlocking innovation and tapping into the trillion-dollar potential of digital trade.

Expressing pride in the DCO's partnership with the World Economic Forum, Secretary-General AlYahya emphasized the organization's commitment to leveraging this platform to promote its growing role in fostering global multilateral cooperation. The DCO's inclusive framework aims to bring key stakeholders from the digital economy together, actively shaping the trajectory of the global digital landscape.

During the WEF sessions, the DCO plans to share insights from its latest reports, offering recommended actions for both the public and private sectors. These reports aim to contribute to the shared goal of establishing an inclusive global digital economy. Secretary-General AlYahya stressed the determination to ensure that discussions on shaping a collaborative, inclusive, innovative, and sustainable digital economy remain integral to the global economic discourse.

Participating in a session titled "TradeTech's Nine Trillion Dollar Promise," the Secretary-General will join a distinguished global panel, including the Prime Minister of Pakistan, Anwaar-ul-Haq Kakar; Nigeria's Minister of Industry, Trade, and Investment, Doris Anite; UAE Minister of State for Foreign Trade, Dr. Thani Ahmed Al Zeyoudi, and Muller-Maersk Chief Executive Officer Vincent Clerc. The discussion will focus on how technological, regulatory, and business model innovations can overcome obstacles to digitalizing global trade and foreign direct investment, potentially increasing trade by nearly nine trillion dollars by 2026 within the G7 alone.

In addition to these discussions, the Secretary-General will play a pivotal role in a closed session led by the DCO with Bahrain, Pakistan, Rwanda, and Saudi Arabia on "Driving Digital Development Through Investment." This session will delve into insights on barriers to the digital economy, emphasizing the importance of helping countries attract investments for their digital initiatives to accelerate progress towards the UN Sustainable Development Goals.

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