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 Miloš Zeman and Chairman of the Parliament of Romania Nicolae Vacaroiu. In addition, representatives of the IMF and IBRD were in attendance. The Forum was held on June 18–22, 2002 under the motto "Russia and the CIS; Moving Towards Sustainable Development — Issues of Governance". The Forum was attended by more than 2,000 representatives of Russia and 40 foreign countries (including the CIS). The Forum programme included presentations of investment projects, exhibitions, and business negotiations that culminated in of contracts and agreements signing. The main result of the Forum was the further improvement of international economic relations. The VI Forum