Eurasia Group Co-Hosts First Annual Eurasia Summit with BCUN and UNDP

- Secretary of Treasury O'Neill to Keynote -

Sep 10, 2002, 01:00 ET from Eurasia Group

    NEW YORK, Sept. 10 /PRNewswire/ -- The Eurasia Summit will convene on
 17 September, marking the largest event on Eurasia ever hosted in the United
 States.  The one-day program will include foreign ministers and heads of state
 from over 30 countries, and will feature keynote addresses from US Secretary
 of Treasury Paul O'Neill, Russian Foreign Minister Igor Ivanov, and Iranian
 Foreign Minister Kemal Kharazzi.  By day's end, the Eurasia Summit will have
 brought leading Eurasian and US policymakers together with an expected
 250 CEOs and senior investors for dialogue on this critical region.
     Ian Bremmer, president of Eurasia Group, brought the concept of the
 Eurasia Summit to BCUN and UNDP a year ago.  Coinciding the meetings with the
 United Nations General Assembly plenary, the three Eurasia Summit partners are
 seeking to advance US and Eurasian mutual interests around economic
 development, political stability, and international security.
     According to Bremmer, the opportunity presented by Eurasia is a recent
 development.  He states, "Eurasia has for years been a source of US policy
 contradiction, with Washington's central focus on Caspian energy and an
 on-again, off-again friendship with (then Russian President) Boris Yeltsin.
 However, the war on terror has made Eurasia the focus of global attention.  A
 budding alliance with Russia and key security interests in the Caucasus and
 Central Asia have linked together with natural resources, making Eurasia a key
 priority for US foreign policy."
     Secretary of Treasury O'Neill is expected to outline US economic policy
 towards Eurasia--and the importance of US-supported economic development
 throughout the region. George Soros, Joseph Stiglitz, and Mark Malloch-Brown
 will debate during a luncheon focused on Eurasian sustainable development.  As
 Bremmer explains, "We hope the Eurasia Summit will create an opportunity for
 policymakers and investors alike to understand the link between economic
 development and long-term political stability."
      Eurasia Group is a political risk consultancy, with 35 New York-based
 experts and a network of over 480 political analysts worldwide.  Eurasia
 Group's co-chairs for the summit are the Business Council for United Nations
 (BCUN) and the United Nations Development Programme (UNDP).
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SOURCE Eurasia Group