CEOs to Govts.: Rise above geopolitical tensions, protectionism for trade reforms
The Hindu
Convened by the WEF's Trade and Investment community, business leaders called for higher global ambition for trade cooperation.
Governments across the world must rise above geopolitical tensions to re-engage on trade reforms while refraining from protectionism, a group of nearly 30 CEOs said in a joint call to action on Friday.
The group of CEOs and chairpersons from some of the world's biggest companies spread across 17 countries, brought together by the World Economic Forum (WEF), said the trading system must adapt to address new concerns of global resiliency, sustainability and inclusivity.
The signatories included Mastercard's Ajay S. Banga, John Keells Holdings' Krishan N Balendra, Zilingo Pte Ltd's Ankiti Bose, Dolf van den Brink of HEINEKEN NV, Al Kelly Jr. of Visa Inc, Schneider Electric's Jean-Pascal Tricroire, Standard Chartered Bank's Jose Vinals and Noel Quinn of HSBC Holdings Plc.
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