President arrives Geneva to attend WIF summit

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GENEVA, Switzerland, Oct 22, 2018 (BSS) – President M Abdul Hamid arrived Geneva on a five-day official visit to Switzerland for joining the summit of the ‘World Investment Forum (WIF)-2018’.

An Emirates flight carrying the President and his entourage members landed at Cointrin Airport, Geneva, at 7:45 pm (local time) on October 22. Earlier, he made a stopover in Dubai for over 10 and half an hour till 3:00 pm local time on the day.

Earlier, an aircraft (EK 585) of Emirates Airline carrying the President and his entourage members took off from Hazrat Shahjalal (R) International Airport at 2:03 am (BdST) on Monday.

The five-day summit will be held on October 22-26 at Palais des Nations in Geneva, the United Nations Headquarters in Europe and a global hub for diplomacy and banking, under the theme “Investing in Sustainable Development”.

Later, Bangladesh Ambassador to Switzerland and Permanent Representative to the UN Office Shameem Ahsan and representatives from the Cantonal Government of Geneva and the United Nations Conference on Trade and Development (UNCTAD) welcomed the President at the airport.

From the airport, the President, in a ceremonial motorcade escorted to Grand Hotel Kempinski, where he will be staying during his visit to Switzerland.

“The President will deliver his speech as the first speaker at the global leaders Investment Summit (session-1) on “Investment in a new era of Globalization” at about 10 am local time Tuesday,” President’s press secretary told BSS.

The investment summit convenes heads of state and government, ministers and CEOs of global companies to share their vision for the future. The WIF is a high-level, biennial, multi-stakeholder gathering designed to facilitate dialogue and action on the world’s key emerging investment-related challenges. It will focus on global challenges for international investment
in the new era of globalization and industrialization.

Its mission is to provide a platform to debate and discuss “investment for development,” ultimately to promote investment flows that contribute to sustainable and inclusive development.

With its ties to UN member states, the World Investment Forum is able to bring together a broad coalition of investment stakeholders at the highest level who can influence the global investment landscape. It biennially gathers more than 4,000 investment stakeholders from 160 countries.

On the sidelines of the forum, President Hamid is also expected to hold bilateral meetings with leaders of different countries.

Wrapping up his five-day tour, the head of the state is expected to return home on October 27.