UAE’s Minister of Future: Imagination, ideas are the commodities of the future

UAE’s Minister of Cabinet Affairs and the Future Mohammed Al-Gergawi delivers his opening remarks. (Screengrab)
Updated 10 February 2019
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UAE’s Minister of Future: Imagination, ideas are the commodities of the future

  • World Government Summit 2019 kicks off in Dubai
  • UAE Cabinet Affairs Minister says governments need to change

DUBAI: Imagination and ideas are the commodities of the future, UAE’s Minister of Cabinet Affairs and the Future Mohammed Al-Gergawi said during the opening speech at Dubai’s World Government Summit on Sunday.

“Whoever owns these ideas and this imagination, will own the future,” Gergawi said, adding that “the wars of the future will be on ideas.”

Gergawi highlighted many factors that have put governments in the backseat of development as private sectors invest more and more into research and development programs. 

“Government, in their old form, cannot impact on the future, the private sector now impacts the future and we see this in the different economic and livelihood sectors,” he said.

The Emirati minister also touched on data protection, he said private companies know “when we eat, when we sleep, when we wake up, where we travel and even how many beats our heart’s beat.”

Speaking alongside Gergawi was the World Economic Forum’s executive chairman Klaus Schwab who also spoke of the danger of a global system “spinning out of control.”

“Global growth is slowing down, but global risks are increasing,” Schwab told a packed conference hall at Dubai’s Mina A’Salam hotel, “it is a system under stress, and the consequences are very dire.”

Schwab spoke of the need to move forward with globalization, and to be “more sustainable, more inclusive, to be a more multi-stakeholder globalization, and to be re-moralized.”

“All stakeholders of society must play a role in globalization, not just governments,” Schwab said.

On Saturday, the International Monetary Fund’s chief, Christine Lagarde, spoke of the challenges facing the Middle East, with rise in corruption, poor governance and lack of transparency. 

The World Government Summit, in its seventh edition, runs for three days of high-level discussion and debate by world thought leaders from the worlds of public policy, business and entertainment.

Pakistan's Prime Minister Imran Khan, actor Harrison Ford and Lebanese Prime Minister Saad Hariri are among 4,000 delegates who will attend the three-day event, along with Estonia’s prime minister Jüri Ratas and President of Rwanda Paul Kagame.

Apart from the politicians, the summit also brings in more than 30 global organizations such as the World Bank, the International Monetary Fund, and Organization for Economic Cooperation and Development.


India suspends Kashmir border trade with Pakistan

Updated 19 April 2019
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India suspends Kashmir border trade with Pakistan

  • Kashmir has been on edge since a February suicide attack that killed 40 Indian paramilitaries
  • India said it had reports that trade on the border was being “misused by Pakistan-based elements for funnelling illegal weapons, narcotics and fake currency”

NEW DELHI: India has suspended trade across its disputed Kashmir border with Pakistan, alleging that weapons and drugs are being smuggled across the route, as tensions simmer between the nuclear-armed neighbors.
Kashmir has been on edge since a February suicide attack that killed 40 Indian paramilitaries and brought the two countries to the brink of war with cross-border air strikes.
On Thursday, India’s government, which is in the middle of a tough national election, said it had reports that trade on the border was being “misused by Pakistan-based elements for funnelling illegal weapons, narcotics and fake currency.”
It also said many of those trading across the Line of Control, which divides Kashmir into zones under Indian and Pakistani control, had links to militant organizations.
The home ministry said trade would be suspended until a stricter inspection mechanism is in place.
The cross-border trade is based on a barter system, with traders exchanging goods including chillies, cumin, mango and dried fruit.
It began in 2008 as a way to improve strained relations between New Delhi and Islamabad, who have fought two of their three wars over the disputed region.
The Indian Express newspaper said Friday that 35 trucks carrying fruit traveling from the Indian side of the border had been stopped after the government order.
Trade on the border has been suspended before, including in 2015, when India accused a Pakistani driver of drug trafficking.
The latest move comes after India withdrew “Most Favoured Nation Status” — covering trade links — from Pakistan after the February attack, which was claimed by the Pakistan-based Jaish-e-Mohammed Islamist group.
Islamabad has denied any involvement in the attack.
India’s Hindu nationalist Prime Minister Narendra Modi has made national security a key plank of his re-election campaign, pointing to the recent flare-up of violence as he battles the center-left opposition Congress party.
He is seeking a second term from the country’s 900 million voters in the mammoth election which kicked off on April 11 and runs till May 19. The results will be out on May 23.