Diplomats, business leaders discuss future of global economic cooperation at Sydney forum

On April 20, Sydney played host to a high-profile forum that brought together senior diplomatic representatives and top business leaders from across the globe, all gathering to deliberate on the evolving trajectory of global economic collaboration and the future framework of international trade. Organized by the Australian Business Summit Council Inc., the gathering also functioned as an advance preview event for the seventh edition of the Council’s flagship industry publication, EKONOMOS, which is scheduled for an official public launch on May 29 this year.

The guest list for the forum included a slate of distinguished diplomatic figures, among them Arjaree Sriratanaban, Ambassador of Thailand to Australia; Diego Felipe Cadena Montenegro, Ambassador of Colombia to Australia; and Doris Adzo Denyo Brese, High Commissioner of Ghana to Australia. They were joined in the discussion by diplomatic envoys from China, Egypt, and Malta, as well as a cohort of prominent local Australian business leaders, cross-industry professionals, and representatives from the nation’s multicultural media community.

Frank Alafaci, who currently serves as president of the Australian Business Summit Council Inc. and previously held a board position at the Australia China Friendship and Exchange Association, outlined the core mission of the upcoming seventh issue of EKONOMOS. He emphasized that the publication underscores the Council’s longstanding commitment to bridging connections between business leaders and unlocking new commercial opportunities both within Australia and across international markets.

“It is more than a magazine; it is a meeting point of perspectives—bringing together voices from diplomacy, business, academia and government,” Alafaci told attendees during his opening remarks.

Throughout the forum’s keynote sessions, each speaker brought unique regional and industry insights to the table. Ambassador Arjaree Sriratanaban of Thailand shone a spotlight on untapped opportunities to deepen bilateral trade and investment partnerships between Bangkok and Canberra, outlining pathways for expanded collaboration across key growth sectors. For his part, Colombian Ambassador Diego Felipe Cadena Montenegro stressed that inclusive multilateral cooperation and shared commitments to sustainable development are non-negotiable foundations for advancing mutually beneficial global economic partnerships. Local Australian entrepreneur Garry Simonian turned the discussion to the digital era, detailing how transformative technologies including artificial intelligence, digital innovation, and other emerging tools are reshaping the landscape of cross-border business and global trade.

Following their individual keynote addresses, the three speakers joined a panel discussion moderated by Alafaci, where they delved into the most pressing current challenges facing global business, trade, and cross-border investment, and responded to a range of questions from on-site attendees. The forum closed with broad consensus among participants that open dialogue and cross-stakeholder collaboration will be critical to navigating current global economic uncertainty and unlocking inclusive growth for all regions.