President Donald Trump's "Peace Board" signing ceremony featured representatives from fewer than 20 countries, and none of the US's traditional Western European allies.
The nations represented at Davos lean heavily towards the Middle East and South America, with leaders from Saudi Arabia, Qatar, the United Arab Emirates, Argentina and Paraguay among those attending.
"We are truly honored by your presence today," Trump said, referring to them as "in most cases very popular leaders, in some cases not so popular."
The total number of participants is significantly lower than the 35, as a senior administration official told reporters earlier this week.
And it did not include any Western European nations, some of whom have raised concerns over the idea of a dedicated peace board that could include adversaries like Russia currently at war with one of their allies.
