Vienna: a driving force in peace, security and sustainable development

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Mayor of Vienna Michael Ludwig recently met with Dr. Abdulhamid Al Khalifa, the Director-General and Chief Executive Officer of the OPEC Fund for International Development.

Mayor Ludwig stated on social media: ‘’OFID has been based in Vienna since 1976. The goal of the Fund has been to strengthen financial cooperation between OPEC states and other developing countries by providing financial assistance for their socio-economic development.’’

‘’The central mission of the organization is to promote South-South cooperation with other developing countries worldwide with the aim of overcoming poverty together,’’ he continued.

The OPEC Fund has invested over US$22 billion in development projects in over 125 countries to date, according to the organization’s website. The twelve member countries are Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates and Venezuela.

Mayor Ludwig also said on social media that the Austrian capital plays a very important role globally, not only in areas such as peace and security, but also in sustainable development.

He stated: ‘’With more than 50 international organizations, Vienna is one of the most important headquarters cities in the world and acts as a hub for peace and security, but also for sustainable development, such as poverty reduction. Other priorities are disarmament and the non-proliferation of nuclear weapons.’’

Along with New York, Geneva, and Nairobi, Vienna is one of the United Nations’ four headquarters. Being home to numerous international organizations and enterprises also makes Vienna an highly diverse and international city where more than 180 different nationalities live. Vienna is, therefore, not only the economic heart of Austria but also an important global city.

‘’Vienna is very popular among international organizations and companies as a location due to its high-quality infrastructure, social security and public services,’’ mayor of Vienna Michael Ludwig also stated. (photo credit: Dimitry Anikin/Unsplash)