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
World Forum for Ethics in Business conferences joined forces and established a new independent organization, the World Forum for Ethics in Business (WFEB). An initiative of the World Forum for Ethics in Business, the World Youth Forum is part of the annual conferences as an open platform for youth to voice their message to the world’s decision makers in today’s global economic and political environment and to the world community at large. Every year, WFEB confers the Ethics in Business Award to honour individuals and companies that have demonstrated the importance of human values and ethics in life and in the business arena. World Forum for