Tag: SPIEF

  • 136 countries and territories have confirmed participation in SPIEF 2024.

    136 countries and territories have confirmed participation in SPIEF 2024.

    spief 2024

    So far, 17,100 people and 3,400 representatives from 136 countries including Turkey have confirmed their participation in SPIEF.

    The organizers of the Forum note that participation indicators have reached pre-Covid levels: the period of restoration of economic activity is over, and the Forum is in a growth phase. As a communication tool, it is in demand by the global business community.

    Today, SPIEF is one of the sovereign centers for the development of Europe, which is a historical restructuring that implements the mission of maintaining the global balance of power and building a multipolar international system. It also provides conditions for development based on the continental and constructive development of the day, dictated by the national interests of the Russian Federation. The forum has become a full-fledged institute for national growth.

    The business program covers a wide range of issues: from the development of international economic relations and technological transformations to priority science research the studies of the modern society. The headline of the 27th St. Petersburg International Economic Forum is “The basis of multipolarity causes the growth of new centers.”

    On the eve of SPIEF, several conferences are held annually in different countries. This year, the final session took place in the capital of the Republic of Costa Rica – San Jose. The location was not chosen by chance – it was Costa Rica that became the first country in Central America to establish official diplomatic contacts with Russia back in 1872. Over the more than 150-year history of relations, a strong bond has been established between the two governments.

    In Russia, the St. Petersburg International Economic Forum will be held from June 5 to 8.

  • Could the SPIEF boost the TurkStream flows?

    Could the SPIEF boost the TurkStream flows?

    TurkStream
    Putin and Erdogan open TurkStream gas pipeline

    The Saint Petersburg Economic Forum to be held in Russia on June 2-5 is the first post pandemic global event that is focused to gather international delegations from the U.S., Germany, Italy, China, South Asia and the Middle East.

    With the Forum’s main focus on energy and sustainable development, Russia aims to boost international trade ties and attract investments to its economy. And Turkey could be among most prospective partners for Russia following the SPIEF ambitions. Today Ankara’s major interest is to provide permanent gas flows through the Turkish Stream. On the other side, Turkey, a NATO’s member, has been manipulated by the United States for years following Washington’ efforts to sign a deal with Ankara on U.S. natural compress gas (GNC).

    However, the recent tensions between Biden and Erdogan on Ankara’s recognition of the atrocities committed against the Armenian people in 1915 as genocide as well as the recent criticism of Erdogan towards the U.S. on the Gaza-Israeli conflict have been a sore spot between the countries placing their further economic and political cooperation in question.

    This explains why Turkey has been seeking a closer cooperation with Russia, Iran, Azerbaijan and Turkmenistan to support the Turkish Stream supplies. The pipeline, which transits the Black Sea, took five years to complete and is one of two major new natural-gas export routes totaling nearly $20 billion. Russia on its parts also expects to go on line this year and the SPIEF is likely to become a platform for developing further economic cooperation and trade ties between Turkey and Russia.