Under the theme ‘Responsive and Responsible Leadership’, the 2017 World Economic Forum is set to open tomorrow, 17^th of January in Davos-Klosters, Switzerland. About 3000 participants from over 100 countries are expected to gather at the annual event; from Mongolia two official delegates will be attending.

This year, President Ts.Elbegdorj, who has been constantly participating since 2010 is being accompanied by A.Undral, founder of Unread Media. A.Undral has been chosen to represent Global Shapers Community which selects about 50 young leaders to contribute to the agenda of the World Economic Forum Annual Meeting. 

The first Mongolian delegation to partake in the World Economic Forum was led by the then First Deputy Prime Minister, D.Ganbold in 1991. Subsequently, Mongolia participated in the forum at a 'head of government' level in 1997, 1998, and from 2001 to 2003 respectively. In 2009, Mongolia was represented by N.Enkhbayar, the then President of Mongolia for the first time. Since 2010, President Ts.Elbegdorj has been participating in the forum every year.

The forum was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva. First named the "European Management Forum", it changed its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts.