Baku hosts Verona Eurasian Economic Forum
15th Verona Eurasian Economic Forum has begun its work in Baku, and its participants are focusing on discussion of a wide range of topical issues in the field of economics and finance, healthcare, ecology, energy and technological innovations in Greater Eurasia untied by a key theme: Eurasia on its Path to a New Geopolitical, Social and Economic Order. Transition to a New, Human-Centred Economy
A greeting – sent by Russian President Vladimir Putin to the forum participants and guests – was read out by Igor Sechin, the Chief Executive Officer of Rosneft PJSC, “The forum is held in Baku for the first time this year. Over its history, the event has gained high prestige and become a platform for a serious and meaningful conversation about the development of multifaceted co-operation in Greater Eurasia. Such open communication enjoys special demand in the current conditions, when the world is going through an era of revolutionary transformations and formation of a just world order. The importance of Eurasia is increasing from year to year, and new centres of economic growth are being strengthened. Co-operation between the states of the region is based on the principles of sovereignty, equality, mutual trust and respect.”
Azerbaijan’s Deputy Prime Minister Shahin Mustafayev noted in his opening speech, “This forum will open up new economic prospects and make an important contribution to development of trade and economic exchange. In recent years, the globe has been experiencing a pandemic, and this has created many challenges for the whole world.”
In turn, Russia’s Deputy Prime Minister Aleksei Overchuk stressed that the holding of the forum in Baku is a signal indicating the transition of the global axial model of East-West development to the North-South model. “In this sense, Russia ceases to be the east of Europe, but it starts to comprehend itself as the north of Eurasia. It is in this vein that a new logic of our development will be built upon. Baku was chosen as the forum venue not accidentally: construction of an international North-South transport corridor is underway in the Caspian Sea.”
On the first day of the forum, sessions devoted to global challenges in the energy sector, issues of energy security in Europe, the role of business in global geopolitics and creation of the economy of co-operation from the Atlantic to the Pacific will take place. In addition, a special session is planned: Azerbaijan – a Major Hub for Eurasian Economic Co-operation and Its Prospects for Relations with the EU and EAEU. As part of it, experts will share views on the prospects and opportunities of Azerbaijan and its growing economy in the current situation.
On October 28th, the forum participants will discuss the work of the financial sector in the face of new geopolitical challenges, development of transport and infrastructure, as well as food security issues.
