Economic Forum in Krynica sometimes referred to as the "Eastern Davos". According to the organisers, the mission of the Economic Forum is to create a favorable climate for development of political and economic cooperation in Europe. The opinions of the Forum's speakers are often quoted by the international media and discussed by leading analysts. The Forum engages political, business and third sector leaders, i.a.: presidents, prime ministers, ministers, EU commissioners, parliamentarians, presidents of large companies, experts, as well as representatives of cultural institutions and media. The 26th edition of the Economic Forum in 2016 was attended by over 3,000 visitors from 60 countries in
St. Petersburg International Economic Forum media were present at the forum. Media outlets of 24 countries were represented, namely: Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Britain, Germany, India, Iran, Spain, Italy, Qatar, China, Lithuania, Nigeria, Poland, Russia, Romania, Slovenia, USA, Turkey, Ukraine, Finland, France and Japan. The XV St Petersburg International Economic Forum was convened on June 16–18, 2011 under the theme ‘Emerging Leadership for a New Era’. The Forum was attended by Russian President Dmitry Medvedev and five foreign government leaders: Prime Minister of Spain José Luis Rodríguez Zapatero, President of the People’s Republic of China Hu Jintao, President of Kazakhstan Nursultan Nazarbayev, President