World Economic Forum kicks off in Davos

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Baku, January 20, AZERTAC

The World Economic Forum has opened in the Swiss ski resort of Davos, bringing together leading representatives of the world`s political and business elites, according to TASS. Organizers say its main theme is the beginning of the fourth industrial revolution. However, the participants in the forum will also discuss a number of pressing political and economic issues, including an unprecedented drop in oil prices, the lifting of sanctions against Iran and the terrorist threat.

Opening the forum, its founder and chairman Professor Klaus Schwab offered each of its 2,400 participants to bring home at least one "transformation" idea that will help to change the world. Taking part in the forum this year will be more than 40 heads of state and government. In all, representatives of more than 100 countries are expected to arrive in Davos.

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