Details added: first version posted on March 13, 15:05

BAKU, Azerbaijan, March 13.​ Geoeconomics will
be unstable without stable geopolitics, Chairman and Managing
Director of ARTOC Group for Investment and Development Shafik Gabr
said at the panel discussion on “Geopolitical Shifts: Responsible
Partnerships versus Rivalry” within the framework of XII Global
Baku Forum in Azerbaijan, Trend reports.

“Our generation was unable to make the world a more beautiful
place. However, the younger generation is building bridges between
the West and the East. I am both an optimist and a realist,” he
said.

He emphasized that geopolitical changes have been occurring
throughout history.

“World War II, the Cold War, the pandemic — all of these events
changed our world. However, now the processes are becoming even
more polarized. Some forces are trying to influence through mass
media, which leads to a weakening of soft power and a strengthening
of hard power. International organizations are focusing more on
military spending.

However, we must understand that as geopolitical changes occur,
so will the geo-economics. This will affect the entire world.
Instability in geopolitics will inevitably lead to instability in
geo-economics,” he added.

The XII Global Baku Forum is scheduled to take place from March
13 through 15, 2025.

The forum is organized by the Nizami Ganjavi International
Center and will be held under the theme “Rethinking World Order:
Turning Challenges into Opportunities”.

Discussions will focus on key global issues, including
geopolitical shifts, multilateralism, the global health crisis,
recovery and regional stability, COP29, and more.

The forum is expected to bring together over 300 world leaders
from more than 60 countries, including more than 25 former
presidents, over 15 former prime ministers, around 10 UN and
international agency heads, and over 25 former ministers and deputy
ministers.

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