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World economic online forum has kicked off in Davos.

Leaders from several of the world's leading developed and developing countries, including Germany, India, Italy, China, South Korea, Russia, France, South Africa, and Japan, take part in the online meeting, launched on Monday as part of the World Economic Forum (WEF). 

The event will take place until January 29. The sides will discuss the new global situation created amid the COVID-19 pandemic, Deutsche Welle reported.

Nearly 1.5 thousand people from 70 countries are expected to take part in the Davos week.

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