ST. PETERSBURG, June 20. /TASS/. Trade turnover growth between Russia and Serbia exceeded 8% in the first quarter of 2025, the Russian government stated in its Telegram channel following a meeting between Russian Economic Development Minister Maxim Reshetnikov and Serbian Minister for International Economic Cooperation Nenad Popovic on the sidelines of the SPIEF.

"Trade turnover growth between Russia and Serbia exceeded 8% in Q1. Mineral products, chemical products and food products form the basis of Russian exports to Serbia. Agricultural products, machinery and equipment, textiles and chemical products predominate in imports," the government statement said.

The St. Petersburg International Economic Forum (SPIEF) is taking place on June 18-21. This year, the event is held under the theme "Shared Values: The Foundation of Growth in a Multipolar World." Thematic zones such as the ‘Territory of Innovations’ and the national brand space ‘Buy Russian!’ will operate at the Forum.

The program includes the SME Forum, the Creative Industries Forum, the Day of the Future International Youth Economic Forum, the Drug Security Forum, and the Roscongress Urban Hub discussion platform. As part of the cultural program, the Petersburg Seasons festival will be held, and the SPIEF Sports Games will take place.

The Roscongress Foundation is the organizer of the St. Petersburg International Economic Forum. TASS is its information partner.