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WEF chief tells Davos Cyprus a ‘ray of hope’ in troubled world

WEF Executive Chairman and founder Klaus Schwab

Founder and Executive Chairman of the World Economic Forum (WEF) , Klaus Schwab on Thursday described Cyprus as a ray of of hope in a world that was falling apart in many ways.

Addressing President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci at a joint panel event titled ‘Reuniting Cyprus’, Schwab said Cyprus was one of the few international disputes that seemed to be moving in the right direction.

“So much is at stake. We are living in a world that is falling apart in many ways. In the middle of all of it a ray of hope has inspired us all,” he said.

Schwab praised Anastasiades and Akinci for their leadership, great courage and dedication throughout eight months of negotiations. “We are every much aware that still important issues remain,” he said, adding that international players were keen to hear what a united Cyprus would look like and what it would bring to the region, Europe and the world.

He said a solution would also bring prosperity and that the world’s business leaders were “looking with great interest on what you are doing”. “You both represent the best source of hope,” Schwab said, addressing the two leaders.

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