Breaking the impasse in the Middle East

The situation in the Middle East is grave. War in Syria threatens to drag the region into prolonged conflict. Sectarian strife is tearing countries and communities apart. Fully 85 million – some 30 percent – of Middle Eastern youths are in need of a job that will enable them to build themselves and their families a future.

Amidst all this, peace talks between Israel and the Palestinian Authority have been at an impasse for over a decade. However, there remains one powerful motivating force for optimism: the yearning of the majority of people on both sides for a durable solution. Beyond national, religious and political concerns, a fundamental human driver is the need for peace and stability, the ability to provide for ourselves and our families, to fulfil our potential, and to build something for our futures.

Resolution of the conflict

That is why hundreds of energetic, motivated businesspeople from Israel and the Palestinian territories have come together to push political leaders back to the negotiating table. The Breaking The Impasse initiative, nurtured and supported by the World Economic Forum, is not a political movement. It is the manifestation of a sincere yearning for a durable two-state solution from the business leaders of Israel and the Palestinian territories.

The majority on both sides of the Israeli–Palestinian conflict yearn for peace and prosperity, and the Breaking The Impasse initiative provides a focus for this energy.

Klaus Schwab

These leaders recognize that resolution of the conflict is the single most important means to create jobs, and generate growth and prosperity, throughout the Middle East. They also recognize that making a durable two-state solution a reality is beyond their remit.

The leaders of the BTI, Yossi Vardi and Munib Masri, have brought together their compatriots and colleagues in an active show of support for their political leaders, to emphasize to them that “the silent majority will no longer be silent.” By providing a platform for this initiative, the WEF hopes to help amplify the voices of those who want to encourage compromise, and the development of a political settlement that all sides will stick by.

The majority on both sides of the Israeli–Palestinian conflict yearn for peace and prosperity, and the BTI provides a focus for this energy. In the end, peace will bring with it stability, growth and enterprise, together with new hopes, expectations and livelihoods for current and future generations, sorely needed in these two countries, and in the region beyond.

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Professor Klaus Schwab is founder and executive chairman of the World Economic Forum. Schwab was Professor of Business Policy at the University of Geneva from 1972 to 2002. He is the author of several books. Since 1979, he has published the Global Competitiveness Report, an annual report assessing the potential for increasing productivity and economic growth of countries around the world, written by a team of economists. From 1993-1995, Schwab was a member of the U.N. High-Level Advisory Board on Sustainable Development. From 1996-1998, he was Vice-Chairman of the U.N. Committee for Development Planning.

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Last Update: Wednesday, 20 May 2020 KSA 09:40 - GMT 06:40
Disclaimer: Views expressed by writers in this section are their own and do not reflect Al Arabiya English's point-of-view.
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