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Putin praises SPIEF as globally recognized discussion platform

On Thursday, the St. Petersburg International Economic Forum opened in Russia’s second largest city

© Mikhail Metzel/TASS

MOSCOW, June 1. /TASS/. Russian President Vladimir Putin has sent a welcome address to the participants, organizers and guests of the 21st annual St. Petersburg International Economic Forum (SPIEF). The message was published on the Kremlin website on Thursday.

"The global economy has begun to show signs of recovering from the downturn for the first time in the past several years," the address reads. "During the forum, there is a need to discuss the ways to boost this trend and assess the challenges and risks concerning the use of new technologies. The current major changes require the global community to take effective measures to improve the international governance architecture so that globalization benefits are shared among all population groups and sustainable and balanced development is ensured," the address adds.

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Representatives of over 500 companies from 62 countries to attend SPIEF

The Russian president pointed out that in the recent years, the St. Petersburg forum had significantly enhanced its credibility, becoming a globally recognized discussion platform open for direct dialogue on pressing issues of the day.

Putin was confident that the initiatives and recommendations to be adopted during the forum, would facilitate the search for common approaches, while agreements to be reached between the forum participants would boost international cooperation and pave the way for new mutually beneficial projects.

On Thursday, the St. Petersburg International Economic Forum opened in Russia’s second largest city. This year, the forum is dubbed Achieving a New Balance in the Global Economic Arena.

TASS news agency is the general information partner and the official photohost agency of the event. The agency is also the operator of the forum’s presentation zone.

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EAEU trade turnover reaches record high level of $8.7 bln in 2023 — Russian Prime Minister

The trade turnover between Russia and Belarus reached 4 trillion rubles ($43.8 bln)

US nukes in Poland to become target for Russia should confrontation with NATO occur — MFA

"The impression is that Warsaw is maniacally seeking to attract even more attention from military planners in the Russian General Staff," Maria Zakharova added

US effectively dooms Ukraine by its new decisions, Russian envoy says

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Kremlin spokesman describes European Parliament as 'Russophobic machine'

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IAEA chief to have working contacts with Rosatom, no meeting with Putin is planned

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Spokesman Wang Wenbin stressed that China was not providing weapons to the conflicting parties and strictly controlled dual-use goods, including the export of drones

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Russia warns US, NATO against harming its security — diplomat

Maria Zakharova stressed that "the level of nuclear risks have risen dramatically as a result of the West’s destructive policy, which is fraught with a direct military confrontation between nuclear powers"

SCO expects Belarus to join the organization very soon — Shoigu

The Russian defense chief is certain that "this is an important moment in strengthening security in the SCO space"