World Economic Forum admission fee costs $19,000 per person. In 2014, WEF raised annual fees by 20 percent, making the cost for "Strategic Partner" from CHF 500,000 ($523,000) to CHF 600,000 ($628,000). The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from academia, NGOs, religious leaders, and the media in an alpine environment. The winter discussions focus around key issues of global concern (such as the globalization, capital markets, wealth management, international conflicts, environmental
Yalta International Economic Forum forum is attended by Russian government officials, international experts, Russian business people and economists, as well as representatives of business organisations and other thinkers. One theme of the forums discussions, is the focus on diversification from Energy and boosting competitiveness of the Russian economy. In August 2015 the Yalta International Economic Forum Foundation was established by the Ministry of Justice in the Republic of Crimea, with assistance by the Council of Ministers of the Republic along with support by the Russian Presidential Administration. The first forum was held in 2015, which was considered a success by participants and the Foundation,