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The For­bes Top 10 nego­tia­ti­ons that will chan­ge the world in 2024

Sum­ma­ry of the Eng­lish-lan­guage For­bes publi­ca­ti­on

The glo­bal eco­no­my is in turm­oil. The war in Ukrai­ne, the COVID pan­de­mic, the Isra­el-Hamas con­flict and other fac­tors have crea­ted a maelstrom of eco­no­mic uncer­tain­ty.

The­re is a gro­wing sen­se of dis­sa­tis­fac­tion with the cur­rent inter­na­tio­nal order. Con­cer­ned citi­zens around the world are ques­tio­ning the legi­ti­ma­cy of insti­tu­ti­ons such as the United Nati­ons and the World Health Orga­niza­ti­on.

The­se fac­tors crea­te a uni­que oppor­tu­ni­ty for count­ries to harness the power of nego­tia­ti­on to address the chal­lenges facing our pla­net. Effec­ti­ve and stra­te­gic nego­tia­ti­ons would help us crea­te a more sta­ble and pro­spe­rous future for all.

Here are 10 of the most important nego­tia­ti­ons that will shape the world in 2024:

10 Ama­zon and Sales­force: The likely deal of the year

Accor­ding to rumors, Ama­zon Web Ser­vices (AWS) and Sales­force have been in mer­ger talks for seve­ral months. If this were to hap­pen, it would bring tog­e­ther two of the lar­gest and most suc­cessful tech com­pa­nies in the world.

On the one hand, com­pa­nies would have access to top busi­ness tools. On the other hand, the­re would be vir­tual­ly no com­pe­ti­ti­on. Tho­se who could afford it would have an enorm­ous advan­ta­ge over tho­se who could not.

9th G20 nego­tia­ti­ons that will shape the world

The G20 is an inter­na­tio­nal forum for the world’s 20 lar­gest eco­no­mies, which account for around 85% of glo­bal GDP and two-thirds of the world’s popu­la­ti­on. Nego­tia­ti­ons the­re have direct con­se­quen­ces for the eco­no­mic, envi­ron­men­tal and social well-being of a lar­ge part of the pla­net.

8 Arms con­trol: The lost race

The US and Rus­sia are the two lar­gest nuclear powers in the world and have a long histo­ry of arms con­trol agree­ments. Howe­ver, the­se agree­ments are under pres­su­re and the­re is a risk that the two count­ries will enter into a new arms race.

7. nego­tia­te a more effec­ti­ve WTO

The World Trade Orga­niza­ti­on (WTO) faces seve­ral obs­ta­cles in 2024 that could hin­der its abili­ty to pro­mo­te eco­no­mic growth and pro­spe­ri­ty world­wi­de.

6 North Korea nuclear thre­at: nego­tia­ting with the devil

North Korea’s erra­tic pos­tu­ri­ng threa­tens both regio­nal and glo­bal secu­ri­ty. The rogue nati­on con­ti­nues to test nuclear wea­pons and has deve­lo­ped a series of mis­siles that could reach much of the United Sta­tes.

5 AI regu­la­ti­ons: Clo­se the deal befo­re the race is run

The deve­lo­p­ment of arti­fi­ci­al intel­li­gence (AI) has the poten­ti­al to acce­le­ra­te the world’s pro­gress, but it also car­ri­es serious risks. While the public won­ders whe­ther AI will cau­se them to lose their jobs, busi­ness lea­ders are rus­hing to embrace AI befo­re their com­pe­ti­tors do.

4 The US-Iran nuclear deal: Mis­si­on Impos­si­ble

The fate of the 2015 nuclear deal with Iran, for­mal­ly known as the Joint Com­pre­hen­si­ve Plan of Action (JCPOA), hangs in the balan­ce in 2024. The Biden admi­nis­tra­ti­on has made revi­ving the agree­ment a prio­ri­ty, but is facing resis­tance from both Iran and dome­stic cri­tics.

3 Arme­nia-Azer­bai­jan: On the road to peace

Arme­nia and Azer­bai­jan, embroi­led in a long-run­ning con­flict over Nagor­no-Kara­bakh, face signi­fi­cant nego­tia­ting chal­lenges in the pur­su­it of peace.

2 Isra­el-Pal­es­ti­ne: A path from ter­ror and des­truc­tion to peace?

The Israe­li-Pal­es­ti­ni­an con­flict is an ongo­ing source of insta­bi­li­ty in the Midd­le East and the­re is litt­le hope of a las­ting peace agree­ment in the near future.

1st Rus­sia-Ukrai­ne war

The ongo­ing con­flict bet­ween Rus­sia and Ukrai­ne has had a devas­ta­ting impact on both count­ries and led to a serious huma­ni­ta­ri­an cri­sis. Seve­ral govern­ments impo­sed sanc­tions against Rus­sia and pro­vi­ded mili­ta­ry and huma­ni­ta­ri­an aid to Ukrai­ne.

Nego­tia­ti­ons bet­ween Rus­sia and Ukrai­ne began befo­re the inva­si­on in Febru­ary 2022. Sin­ce then, both sides have held num­e­rous rounds of talks, both in per­son and vir­tual­ly, but have not yet been able to reach an agree­ment.

Alt­hough the road to peace is full of chal­lenges, the inter­na­tio­nal com­mu­ni­ty must stri­ve to de-esca­la­te the con­flict and work diplo­ma­ti­cal­ly to find a long-term solu­ti­on for the two neigh­bor­ing count­ries.


INTE­RES­T­ING LINKS

Ori­gi­nal publi­ca­ti­on “Top 10 World Chan­ging Nego­tia­ti­ons For 2024” on FOR­BES

Live semi­nars in 2024 — open nego­tia­ti­on trai­ning ses­si­ons

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