World Economic Forum World Economic Forum The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, was founded in 1971 as a not-for-profit organization. It gained formal status in January 2015 under the Swiss Host-State Act, confirming the role of the Forum as an International Institution for Public-Private Cooperation. The Forum's mission is cited as "committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas." The WEF is best known for its annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern
St. Petersburg International Economic Forum Forum. Instead, the Ice Palace hosted a SPIEF benefit showcase of international figure skating stars and medallists of the Sochi Winter Olympics. In 2015, the Forum also did not include a free concert for city residents. St. Petersburg International Economic Forum The St. Petersburg International Economic Forum (SPIEF) is an annual Russian business event for the economic sector, which has been held in St. Petersburg since 1997, and under the auspices of the Russian President since 2005 . Each year, more than 10,000 people from over 120 different countries take part. The Forum brings together the chief executives of major