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Tag: SPIEF 2024

  • SPIEF 2024 results: deals and future prospects

    SPIEF 2024 results: deals and future prospects

    spief 2024 results

    The 27th St. Petersburg International Economic Forum brought together leaders of leading Russian and foreign companies, representatives of government agencies, the political and scientific community in order to establish business contacts, find new partners, promising projects under discussion, and exchange views on current trends in world. politics and economics in broad and regional markets.

    The prestige of the Forum as one of the most significant business events in the world continues to grow steadily. The forum is becoming more dynamic and sharper: decisions are made quickly and new projects are launched right after panel sessions.

    Anton Kobyakov, the Advisor to the Russia’s President and Executive Secretary of the SPIEF Organizing Committee, noted: “This year, 21,800 people from 139 countries and territories took part in the Forum events. The Forum brought together representatives of countries interested in developing their paradigm of justice and a multipolar world.”

    The freedom to choose the political and economic orientation of various world powers is confirmed by the slogan of SPIEF 2024: “The foundation of a multipolar world creates new points of growth.”

    Key participants

    Despite the sanctions against Russia, a record number of participants attended the Forum in 2024, which exceeded the figures of recent years. Guests and participants of the event gathered to discuss international trade and cooperation, sales markets, technology leadership and investment.

    Leaders of four states arrived in St. Petersburg: President of Bolivia Luis Alberto Arcecora, President of Zimbabwe Emmerson Dambudzo Mnangagwa, President of the Republic of Abkhazia Aslan Bzhania, President of the Republika Srpska (Bosnia and Herzegovina) Milorad Dodik.

    Forums became members of the royal families of Bahrain and Saudi Arabia: Abdullah Khalifa Salman Alkhalifa and Abdulaziz binman Sall bin Abdulaziz Al Saud.

    Deals and contracts

    In the St. Petersburg industrial sector (SPIEF), 1,073 agreements were signed in 2024 for a total amount of almost 6.5 trillion rubles, RIA Novosti reports with reference to the Roscongress Foundation.

    “As a result of the forum, 1,073 agreements worth 6 trillion 492 billion rubles were signed (only agreements that are not subsequently considered a commercial secret are taken into account), of which 55 were with the participation of foreign companies,” the statement says.

    According to Roscongress, the most valuable is the agreement between VEB.RF and PJSC RusHydro on the implementation of global generation projects in the Far East. It is planned that the program for creating and updating energy employment in the sectors will be implemented using the “Project Financing Factory” mechanism.

  • St. Petersburg International Economic Forum: stable partnership and expansion of BRICS

    St. Petersburg International Economic Forum: stable partnership and expansion of BRICS

    пмэф 2024

    The Kremlin has announced the main idea of ​​SPIEF-2024. “Russia stands for cooperation, for business cooperation based on equality, based on law and on a mutually beneficial basis, and offers it to interested countries and entrepreneurs,” the press secretary of the Russian President Dmitry Peskov formulated the message.

    Russia is a country that is developing at a pace that is above-average, he noted, and is recognizing changes in global political and economic conditions.

    BRICS expansion is one of the key topics of the Forum

    Sergei Katyrin, President of the Russian Chamber of Commerce and Industry, recalled that the BRICS countries account for a quarter of the world’s gross product, and with the entry of new members this is already 37% and almost half of the world’s population. About 40% of Russian trade turnover falls on the BRICS countries. “We believe that this is not the limit of the points of view and volumes that we can achieve,” noted Sergei Katyrin. “At the same time, there are a number of problems and challenges that our campaigns jointly solve in such industries as logistics and settlements, tourism and rating agencies.” He recalled that this year the Russian part of the BRICS Business Council is heading the Russian chairmanship of the BRICS association.

    Deputy Minister of Economic Development of the Russian Federation Vladimir Ilyichev noted the important role of BRICS in Brazil with the tightening of measures taken against Russia, as well as in securing supply chains. From the point of view of his professionalism, cooperation in the field of creating a protected economic zone occupies an important place in the BRICS system. Minister of Planning and Economic Development of the Arab Egyptian Republic Hala Helmy El-Said said that the whole world is going through unprecedentedly difficult times, and with the accession of new countries to BRICS, the bloc will be strengthened with political and economic views.

    The St. Petersburg International Economic Forum takes place from June 5 to June 8. So far, more than 136 countries have confirmed their participation in the Forum.