The 40 th World Economic Forum (WEF), which will be held in Davos, Switzerland on January 27, will focus on international cooperation to restructure financial and economic institutions, said Klaus Schwab, the founder and Executive Chairman of WEF.

At the event, the 2,500 participants from 55 countries and territories worldwide will discuss the outcome of the Copenhagen climate conference, which took place last December, he stated.

Other issues, such as measures to boost economic growth, the new roles being played by the US and China as well as Brazil’s economic strength in the future are also expected to be high on the meeting’s agenda, according to Andre Schneider, the WEF’s managing director./.