Peres, OECD present global economic initiative
Plan intends to create economic organization made up of global companies, world leaders aiming to increase investment in Mideast.
Shimon Peres 521 Photo: MARC ISRAEL SALEM
President Shimon Peres and the secretary- general of the OECD have presented a
plan to create an economic organization made up of global companies and world
leaders that aims at increase investment in the Middle East.
become an important contributor to the OECD’s work,” OECD Secretary- General
Angel Gurria said.
“Its knowledge on key areas for the viability of our
economies, like water management, clean-techs and entrepreneurship, is becoming
a source of best practices.”
Peres met with Gurria on Friday at the
organization’s headquarters in Paris and presented the initiative, which would
join leading global companies and will assist in the progress and economic
development of Middle Eastern countries.
“Israel will continue to share
the knowledge it has gained in the fields of technology, renewable energy and
agriculture and continue to lead, within the OECD, new international initiatives
that will provide solutions for the Middle East and developing countries,” said
Peres said that the main problems in the Middle East are
instability, terrorism and unemployment, and that the initiative will provide a
solution for the issues of hunger and joblessness in the region. The new
organization will provide a coordinating mechanism that, through the global
companies, will put in place projects for economic investment and development,
building of infrastructure and new technologies in the Middle East and
The president stressed that Israel is an example of
the fact that “the key to prosperity and economic independence is not natural
resources but investment in technology and hi-tech.”
The two presented
the initiative to the senior forum of the OECD, which includes hundreds of
representatives of global companies and senior world leaders.