His Majesty King Abdullah II opened on Saturday deliberations of the World Economic Forum, which bring together 1350 world figures including five state leaders, and ten foreign ministers including the US Secretary of State Colin Powell.

In remarks at the WEF, His Majesty said that "We in Jordan have been working tirelessly for reform, development and peace, noting that the Arab world is poised to achieve significant growth in the coming period. "For our region, there is, clearly, further to go. And progress will demand more than simply renewing our efforts," he said, adding that it is time for a fresh commitment to shared values-equality, human dignity, tolerance and freedom.

His Majesty went on to say that it is time to reenergize our global partnership- a partnership of ideas and relationships that can help our region achieve its potential.

"Perhaps most important, it is time to find new approaches to achieving the future we seek-effective new approaches that provide answers to Palestinian children who are asking about their future, that rekindle hope among Iraqi mothers, that fuel energy of Arab youth.

Approaches that will reserve the skepticism of Israeli society and build bridges across divides," the King said in his remarks before the participants in the forum.