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FSWF 4th meeting to be held in Mexico

23 July 2012 15:42 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. International Forum of Sovereign Wealth Funds (IFSWF) will convene its fourth meeting in Mexico on September 5-7, 2012.

As stated in â€œKuwait Declarationâ€ IFSWF meeting is held at least once in a year. Meetings are aimed to exchange views on common issues of interest, analyze activities for last year and discuss and clarify work plan minimum for next one year. In Beijing meeting parties selected Mexico as a next host city in 2012.

IFSWF was established at the meeting of International Working Group of Sovereign Wealth Funds in AL-Kuwait on April 5-6, 2009. It is a voluntary group aimed at exchange of views on issues of common interest, and facilitates an understanding of the Santiago Principles and SWF activities. The first official IFSWF meeting was held in Baku on 8-9 October, 2009. Following meetings of IFSWF, which are convened on yearly basis, took place in Australia in 2010 and in Beijing in 2011.