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olaf scholz – Photo: ANI
Expansion
With Donald Trump becoming the US President for the second time at the World Economic Forum conference on Tuesday, the rash decisions taken were discussed everywhere, but India’s growing dominance on the world stage was also clearly visible. German Chancellor Olaf Scholz said he is hopeful of success in talks on free trade agreements (FTAs) with India and some other countries. At the same time, European Commission President Ursula von der Leyen also said that she will soon visit India to upgrade the strategic partnership.
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Describing cooperation from every part of the world as necessary for Europe, Scholz said that FTA negotiations must be more successful now than before. It would help if Europe made more free trade agreements with other countries and regions. Scholz also targeted billionaire businessman Elon Musk over his alleged Nazi salute gesture during Trump’s inauguration. He said that Europe is in favor of freedom of expression. But the far-right stance cannot be supported.
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Klaus Schwab, Founder and Chairman of the World Economic Forum, advocated for stronger global cooperation to prepare the world for the knowledge age. In his inaugural address welcoming world leaders to the WEF annual meeting, he said trust in our society must be restored, with no room for pessimism and negativity. He said that the world is rapidly moving from the industrial age to the knowledge age, which requires working together with constructive optimism.
