RIYADH: Participants in the “Sovereignty vs. Globalization” session during the ninth edition of the Future Investment Initiative conference stressed that the world needs to diversify supply chains, achieve greater energy self-sufficiency, invest in data centers, technology and artificial intelligence, and conclude more joint trade between allied and neighbor countries.
The dialogue session was attended by Qatari Minister of Finance Ali bin Ahmed Al-Kuwari, UK Chancellor Rachel Reeves, and Turkish Minister of Finance Mehmet Simsek, the Saudi Press Agency reported.
They discussed the importance of globalization, trade, artificial intelligence, and cooperation between countries, signing technical agreements and direct partnerships to find solutions to economic crises, while highlighting the importance of working to strengthen the work of multilateral organizations, especially with the work over the years to build a rules-based system based on participation and joint cooperation.
UK Chancellor of the Exchequer Reeves said: “One of the UK government’s priorities is to develop the economy. To achieve this, a solid foundation of stability is required, as is building relationships with important allies.”
