ST. PETERSBURG, June 7. /TASS/. The share of payments for Russian exports in the currencies of unfriendly countries halved in 2023, Russian President Vladimir Putin said.

"Last year, the share of payments for Russian exports in the so-called toxic currencies of unfriendly states halved," he said at a plenary session at the St. Petersburg International Economic Forum (SPIEF).

At the same time, according to Putin, the share of the ruble is growing in both export and import transactions and is already close to 40%.

The St. Petersburg International Economic Forum (SPIEF) is held on June 5-8. This year’s theme will be "The Formation of New Areas of Growth as the Cornerstone of a Multipolar World." Scheduled events include meetings for small and medium-sized businesses, creative industries, the SPIEF Youth Day, as well as the Drug Security, SPIEF Academy and SPIEF Junior forums. SPIEF is organized by the Roscongress Foundation. TASS is the information partner of the event.