Mongolia to cooperate with World Economic Forum on developing Strategic Intelligence platform

The Government of Mongolia and the World Economic Forum (WEF) signed a cooperation agreement in developing an AI-based Strategic Intelligence platform, Montsame reports. 

Deputy Prime Minister of Mongolia Dorjkhand Togmid and Managing Director of the World Economic Forum Olivier Schwab signed the agreement. The platform aims at accelerating the implementation of countries’ medium- and long-term development policies, analyzing the multifaceted changes occurring globally and their contributing factors, taking timely responses, and enhancing the effectiveness of strategic decision-making.

The Government of Mongolia announced its intent on integrating artificial intelligence, human resources, and green transition into its development policies. The two parties also emphasized that the World Economic Forum’s annual meeting, which is being held under the theme “Collaboration for the Intelligent Age,” confirms the importance of developing the platform. By joining the Strategic Intelligence platform, Mongolia will gain access to more than 400 articles from international scientific and think-tank organizations and 4,000 research works by scientists and researchers, enabling the use of this knowledge to analyze current economic and industrial conditions and forecast future trends. This AI-based advanced platform is expected to enhance the strategies and planning of governmental institutions, increase public sector productivity, and positively influence decision-making processes.

The World Economic Forum has been developing the Strategic Intelligence platform for the past 10 years, and Mongolia is now the second country to implement this project.

Earlier it was reported that an agreement on air relations had been signed between Mongolia and Kuwait.