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World seeks new formats of cooperation, Russia advancing SCO and BRICS to meet demand

Presidential Adviser and Executive Secretary of the SPIEF Organizing Committee Anton Kobakov also noted that the Union State of Russia and Belarus serves as another platform that offers an alternative model for international collaboration

ST. PETERSBURG, June 21. /TASS/. The world needs a new form of international cooperation that meets the interests of the global majority, and Russia is actively working to develop such frameworks through initiatives like the Shanghai Cooperation Organization (SCO) and BRICS, Presidential Adviser and Executive Secretary of the St. Petersburg International Economic Forum (SPIEF) Organizing Committee Anton Kobakov told journalists.

"The world needs an alternative - a different format for global cooperation that would be acceptable to the countries comprising the global majority. Together with its partners, Russia is working to shape such formats, and you are familiar with them: the SCO, BRICS, and the Eurasian Economic Union," Kobakov said.

He also noted that the Union State of Russia and Belarus serves as another platform that offers an alternative model for international collaboration.

About the forum

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.

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