World Economic Forum Summit Live Updates: Hello and welcome to the ABP Live blog to catch all the updates from World Economic Forum (WEF) being held at Davos from January 16 to 20. Global leaders are coming together, including around a hundred participants from India, to discuss ‘cooperation in a fragmented world’.

The WEF Annual Meeting began on Monday started off with the crystal awards ceremony and the awards celebrate the achievements of leading artists who are bridge-builders and role models for all leaders of society. Artist Maya Lin, acclaimed soprano Renee Fleming and actors Idris Elba and Sabrina Dhowre Elba have been presented with the awards.

The awards ceremony was followed by the ‘I Sea You’ musical concert, which was presented as a powerful cultural message of unity and collaboration. It also made a call to action to world leaders and policymakers to implement the appropriate and required agreements to protect and preserve the coral reefs of the Northern Red Sea.

Four Union ministers — Mansukh Mandaviya, Ashwini Vaishnaw, Smriti Irani and R K Singh — Maharashtra Chief Minister Eknath Shinde, along with a number of officials and business leaders, are taking part in the global summit from India.

AAP leader Raghav Chaddha and Telangana minister K T Rama Rao and Tamil Nadu minister Thangam Thennarasu are also attending the Davos summit 2023.

Among business leaders, Gautam Adani, Sanjiv Bajaj, Kumar Mangalam Birla, N Chandrasekaran, Nadir Godrej, Ajit Gulabchand, Sajjan Jindal, Sunil Mittal, Roshni Nadar Malhotra, Nandan Nilekani, Adar Poonawalla, Rishad Premji and Sumant Sinha are likely to be present.

The meeting will call on leaders from across the globe to address immediate economic, energy and food crises while laying the groundwork for a more sustainable and resilient world.

The theme of the 53rd Annual Meeting would be ‘Cooperation in a Fragmented World’ and it will convene more than 2,700 leaders from 130 countries, including 52 heads of state/government.

The WEF said the annual meeting comes as multiple crises deepen divisions and fragment the geopolitical landscape and leaders must address people’s immediate, critical needs while also laying the groundwork for a more sustainable, resilient world by the end of the decade.