WEF: Ramaphosa on significance of G20 presidency

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WEF: Ramaphosa on significance of G20 presidency
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Ramaphosa first met with the founder and chairman of the board of trustees of the World Economic Forum (WEF), Klaus Schwab.

Ramaphosa first met with the founder and chairman of the board of trustees of the World Economic Forum , Klaus Schwab.annual meeting in Davos on Tuesday afternoon, delivering a special address about the economic priorities of South Africa’s government of national unity and

“Cooperation has been one of the key markers of human development, touching on many aspects of life, from survival and social organisation to technological and cultural progress, which is what the G20 was established for: to foster cooperation to deal with the challenges the world faces. Cooperation is the bedrock of human civilisation.”He emphasised that without cooperation and collaboration between individuals, groups, peoples, and nations, humanity cannot progress.

“Yet, this is a moment when we should stand together as a global community to resolve the problems that confront humanity by ending the wars and conflicts causing such hardship and misery to many people around the world. “We will seek to get the G20 to focus more on how we can enhance solidarity through collective efforts to ensure that in the pursuit of progress for all, no person and no country is left behind. The rights and freedoms of one people cannot be separated from the rights and freedoms of all peoples.”

“For nations to flourish, equality and prosperity must be available to everyone—regardless of gender, race, religious beliefs, or economic status.”He emphasised that countries must meet the needs of the present without compromising the ability of future generations to meet their own needs.

“The increasing rate of climate-induced natural disasters is affecting countries that can least afford the costs of recovery and rebuilding. Special financing and insurance mechanisms must be made available to scale up funding for post-disaster reconstruction.

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