World Economic Forum (Davos)

April 25, 2022
Prime Minister Kishida and Professor Schwab greeting each other Prime Minister Kishida receiving a courtesy from Professor Schwab (Photo: Cabinet Public Affairs Office)

On April 25, commencing at 11:50 a.m., for approximately 15 minutes, Prime Minister Kishida received a courtesy call from Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum(WEF). The overview is as follows.

  1. At the outset, Prime Minister Kishida, after welcoming Professor Schwab’s visit to Japan, pointed out that as a result of Russia’s aggression to Ukraine, in addition to the pandemic, economic and social transformation of countries is more important than ever and that unity is required to create global political trends which give a boost to economic and social transformation.
  2. Furthermore, Prime Minister Kishida emphasized his determination to lead the global discussions while looking ahead to Japan’s G7 presidency in the year of 2023 and his hope toward the WEF now that there have been concrete cooperation initiatives underway such as on the Centre for the Fourth Industrial Revolution Japan.
  3. Professor Schwab, after expressing his gratitude for Prime Minister Kishida’s special address on New Form of Capitalism at the Davos Agenda 2022 meeting which was held last January, pointed out the importance of Stakeholder Capitalism which attaches importance not only to corporate profit but also to people, nature and the environment. He also stated that WEF’s annual meeting 2022 (Davos meeting) will be an excellent opportunity to discuss current issues, including those related to Ukraine and post-Covid19, and expressed his determination to work closely with Japan based on long-lasting cooperative relationships between Japan and the WEF, looking ahead to the G7 Summit in 2023.

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