Chapter 451
There are numerous international organizations and conferences in the world.
In the economic sphere, the largest conference is the famous World Economic Forum. It is held annually in Davos, Switzerland, hence it is also called the Davos Forum.
Leaders, entrepreneurs, investors, economists, and journalists from various countries attend to discuss the problems and solutions of the world economy, and the reports and statements that come out of it have a great impact on the world economy.
The eligibility requirements for participation are extremely strict. Only invited individuals can participate, and in addition to the annual membership fee of $17,000, they must also pay for participation and accommodation separately.
Due to the high cost and the exclusive nature of the gathering, it is sometimes derided as a high-end social club.
Moreover, it tends to represent the interests of the Western world and is dominated by mainstream American economics, so there is considerable opposition to it.
To counter this, three years ago, China, Russia, and India took the lead in creating the Asian Economic Forum.
Although China and India are usually at odds, they agreed on the need for an international conference free from Western influence, and Russia stepped in to mediate between them, allowing the forum to be launched.
ASEAN countries, which are heavily influenced by China, as well as Central Asian countries under Russia's influence, also signed on as founding members.