St. Petersburg International Economic Forum and exhibitions, became the new SPIEF venue. The Forum was held on June 8–10, 2007. The Forum was a cooperation between two venues – the St. Petersburg International Economic Forum and the World Economic Forum in Davos. It was commemorated by the signing of a Memorandum of Understanding between the Russian Ministry of Economic Development and the Trade and the World Economic Forum. SPIEF was attended by more than 8,000 people and delegations from 76 countries, including 9 heads of state, 3 prime ministers, representatives of 340 foreign businesses from 65 countries, 37 representatives of the Federation Council of the
Yalta International Economic Forum transforming the single event into an annual one by a following decision. In the year 2017, 2200 participants from 46 countries had visited the event. Followed by 2018 which is excepted to have over 3000 participants from more than 60 countries. One of the topics in 2018 were crypto currencies. Yalta International Economic Forum The Yalta International Economic Forum (shortened as YIEF) is an annual business event held in Yalta on the Crimea Peninsula since 2015. It is considered the fourth largest Russian economic forum, after the Petersburg International Economic Forum, the Eastern Economic Forum and the Sochi Investment Forum.