Russian President Vladimir Putin Meets with World Economic Forum Chairman Klaus Schwab

Russian President Vladimir Putin Meets with World Economic Forum Chairman Klaus Schwab

Russian President Vladimir Putin met with World Economic Forum Executive chairman Klaus Schwab in St. Petersburg.


During the meeting, Putin noted the importance and significant benefits of the World Economic Forum in Davos as an international platform that supports people in their efforts to work openly within the framework of existing international law and establish contacts between business people and government officials.


“We have always maintained relations with your forum that you founded and we will continue to support it. And, of course, Russian representatives have always taken part and will take part in the events you hold. For our part, we are holding similar events, which, of course, aim to establish business contacts with Russia’s partners above all else. You know we are holding the St. Petersburg Economic Forum here in St. Petersburg as well as in the Far East, in Siberia, and in southern Russia”, Putin said. 


Schwab noted that the World Economic Forum and Russia have had a high level of cooperation for many years: “It has always been important for me that Russian representatives take part in our events in Davos. This has always been of particular importance to me [...]. Our goal, as you already mentioned, is to strengthen cooperation between business people and government agencies. We are convinced that the significant challenges that we face today, be it climate and environmental problems or problems of economic growth, can only be solved through cooperation, specifically at the global level”.





During the SPIEF 2017, the Roscongress Foundation and the World Economic Forum (WEF) signed a memorandum of cooperation. The Roscongress Foundation has been hosting the Russian House, the official Russian residence, during the World Economic Forum in Davos since 2018.

The Russian House in Davos is a multifunctional venue for business meetings, negotiations, and informal communication between business leaders, prominent politicians, economists, scientists, and representatives of creative professions during the annual World Economic Forum (WEF).

In 2019, the Russian House was not only a traditional meeting place for representatives of the international business community and officials, but also served as a prominent discussion platform on the Davos map with a distinct format and image. Over the five days it was open, the official Russian residence received over 1,500 guests from 70 countries. More than 150 media representatives worked at the site. Members of the official Russian delegation, key Russian and foreign entrepreneurs, experts, and opinion leaders were all involved in the work of the Russian House.

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