World Economic Forum Gains Formal Status in Switzerland

23 Jan 2015

Fon Mathuros, Head of Media, Public Engagement, Tel.: +41 (0)79 201 0211, Email:

Davos-Klosters, Switzerland, 23 January 2015 – The World Economic Forum, founded in 1971 as a not-for-profit organization, has gained formal status under the Swiss Host-State Act, confirming the role of the Forum as an International Institution for Public-Private Cooperation.

The agreement was co-signed today in a small ceremony by Didier Burkhalter, Federal Councillor and Head of the Federal Department of Foreign Affairs of the Swiss Confederation, and Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

“Through this recognition, Switzerland has shown not only its full support for the World Economic Forum’s mission, but also its commitment to further enhance the role of Switzerland, and in particular Geneva, as a centre for international cooperation,” said Schwab.

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