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Uk Prime Minister Tony Blair will address the Annual Meeting |
This weekend Franz Krejs will attend his eighth EBRD Annual Meeting. As
manager of an Austrian venture capital firm with millions of euros invested
across central Europe, he returns time and time again to the EBRD annual
gathering to make contacts and get all the information he needs on this region.
Dr Krejs is one of around 2500 guests – from government officials and business
people to journalists and members of non-governmental organisations –
attending the EBRD’s 13th Annual Meeting and Business Forum on Sunday and
Monday. Here, 27 countries from central Europe to Central Asia are the centre
of attention.
The Business Forum, which starts Sunday, will provide panel discussions on the
very latest economic, political and business developments in the region. The
panels include figures such as George Soros, globally-known business figure
and founder of the Open Society, who will discuss whether natural resources
build strong economies. Other Forum topics include home-grown growth (the
region investing within itself); small business; corporate social
responsibility; and competition/unfair trade practices.
Individual country presentations also kick off on Sunday, with a regional
presentation by the Baltic states that morning.
Monday is the core of the EBRD Annual Meeting, when the Board of Governors
meets to reflect on the Bank’s activities in the previous year, and guide its
work moving forward. Many challenges remain for this Bank.
The accession of eight EBRD countries to the European Union is cause for
celebration while also leading the Bank to reflect on how to help these
countries to further develop and achieve western European living standards.
With a renewed focus on the least advanced countries of the region, the EBRD
will add resources and take more risk in the poorest countries having
difficulty attracting foreign direct investment.
The two-day event will cater for all participants. For some, the main focus
may be the Jacques de Larosiere closing lecture on Monday evening, delivered
by by Daniel Yergin. Mr Yergin is an energy expert, geopolitical analyst and
author of The Prize, a history of the global petroleum industry. For others
the focus could be the opportunity to meet EBRD bankers and Board members or
to take part in the two-day NGO programme.
As Dr Krejs says: “It is an opportunity to speak with key players in the
region, especially the EBRD. It’s also an opportunity to speak with others.
They could be future business partners.”
Contact: Kate Dunn Senior Writer, Communications Dept. European
Bank for Reconstruction and Development Tel: +44-207-338-6930
16 April 2004
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