This year’s meeting of the World Economic Forum (WEF) in Davos has been overshadowed by ongoing wars in Syria and Afghanistan as well as a bleak economic situation in many African countries bringing many thousands of refugees to the western world. The looming Brexit and the government shut-down in the US have sent alarm bells ringing for the world economy. The ongoing trade war between the US, China and Europe have not brightened the outlook either. The growth forecast of the IMF has just been diminished and Chancellor Merkel in her speech at the WEF on Wednesday warned that the global financial system has been damaged significantly. Climate change is another dangerous development threatening our global economy.

In his opening remarks at the Pakistan Breakfast Marik Dusik of the WEF, Deputy Head for Geopolitical and Regional Affairs, Minister of the Executive Committee WEF, underscored the importance of this event for WEF. The Pakistan Breakfast, now for the 18th time in a row at Davos and entirely funded by private corporate entities, had become an integral part of the WEF Annual Meeting at Davos. Sponsored and organised initially by Pathfinder Group, this unique presentation of Pakistan in this global forum has for many years been a tremendous platform for both current and past leaders Pakistani to attempt to improve the image of Pakistan. This unique event is now co-sponsored for the last four years by the Founding Chairman of Martin Dow Group late M. Jawed Akhai.

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Image Credit: "Waving the flag" (CC BY-NC-ND 2.0) by Imtiaz Ahmed's Photography