Yalta International Economic Forum
The Yalta International Economic Forum (YIEF) is an annual business event held in the Crimea (Yalta). Along with the Petersburg International Economic Forum, the Eastern Economic Forum and the Sochi Investment Forum it is one of the four biggest economic forum held in Russia. The forum is sponsored by the Government of the Republic of Crimea and the Yalta International Economic Forum Fund with the support of the Administration of the President of the Russian Federation.
The YIEF has established itself as an effective international venue for discussing socio-economic development issues with a topical agenda that addresses the modern challenges facing the world economy.
Main theme of the forthcoming Yalta International Economic Forum will be “Global Future. Future of Russia”. Meaningful dialogue on global economic affairs, adjusted for modern geopolitical, social and cultural environment provides the Forum to be inclusively diversified and comprehensible, transforming the collective intelligence into dynamic, contextualized knowledge. As foreign honour guests of the event will be invited representatives of Austria and Germany. Forum’s debates will focus on such issues as mastering tools of digital economy, international cooperation for territorial development, investments in high-tech industries, future power economy, preservation of cultural heritage, human well-being, ecology and many others.
Each year the Forum is attended by high-level Russian government officials, international experts, influential international and Russian businesspeople and economists, representatives of major business organisations and other opinion leaders. An important YIEF focus is the search for ground-breaking approaches and instruments to solve the tasks of social and economic development and discussion of the best world business practices. The discussions are built around the search for answers to modern challenges spanning a wide range of topics: the creation of a competitive, diversified modern market economy that does not depend on the export of natural resources, effective interaction between business and government, the development of competitive innovative production and modern technologies, tapping the human potential, and support of small and medium-sized businesses. International and inter-regional cooperation also looms large on the agenda.
The YIEF is the main showcase of investment opportunities and the investment potential of the Crimea. An important feature of the region is that it is the only Free Economic Zone on the territory of the Crimean Federal District. An exhibition of the CFD investment projects is a permanent feature of the YIEF. Would-be investors have a chance to talk with officials, including the head of the Republic of Crimea, Sergei Aksyonov, who chairs the YIEF Organising Committee. By tradition, the third day of the Forum is devoted to meetings between the regional government representatives and the business community.