Ukrainian drone attacks have again disrupted Vladimir Putin's schedule, forcing a shortened Victory Parade in early May and now causing black smoke plumes over St. Petersburg as its economic forum began. The forum, once attended by leaders like Merkel and Macron, now hosts heads of state from Uzbekistan and Tanzania.
Kherson signed cooperation agreements with Russian regions like Leningrad Oblast and Bashkortostan at the St. Petersburg Economic Forum to boost economic cooperation and reconstruction projects. Officials highlighted promising opportunities in agriculture, construction, energy, and logistics, noting investor interest despite security challenges.
Saudi Energy Minister Prince Abdulaziz bin Salman announced that Saudi Arabia and Russia will sign 30 cooperation agreements across various fields at the St. Petersburg International Economic Forum.
Despite claims of an official German business delegation at SPIEF, attendees like Thomas Bruch and Stefan Dürr represent Russian entities or have strong ties to Russia, not Germany. Trade between Russia and Germany has significantly declined.
Saudi Arabia is participating as the guest of honor at the St. Petersburg International Economic Forum, held from June 3-6. The event marks 100 years of diplomatic relations between Saudi Arabia and Russia, with bilateral trade reaching $3 billion and plans to increase it to $10 billion.
Saudi Arabia is participating as the guest of honor at the St. Petersburg Economic Forum, celebrating 100 years of diplomatic relations with Russia. The forum, running from June 3-6, aims to boost trade and expand partnerships in industry, technology, and investment, with bilateral trade currently at $3 billion.
At the St. Petersburg Economic Forum, experts discussed challenges for Russian firms in Gulf markets, citing payment transfers as a key obstacle. Success hinges on product quality, after-sales service, and strong local partnerships, with opportunities in food security, agriculture, and cybersecurity.
Saudi Arabia will be the main guest of honor at the 29th St. Petersburg International Economic Forum in 2026. Russian Direct Investment Fund CEO Anton Ulianov announced over 70 joint projects worth more than $70 billion between Russia and Saudi Arabia.
The new Senat car brand, with its first model the Senat 900 executive sedan, has launched production at the former Toyota plant in St. Petersburg, Russia, during the St. Petersburg International Economic Forum (SPIEF).
Russia and Saudi Arabia are deepening economic cooperation, highlighted by Saudi Arabia's guest of honor status at the St. Petersburg International Economic Forum. The countries aim to increase trade from $3 billion to $10 billion, expanding partnerships in industry, technology, and investment, building on their collaboration within OPEC+.
Russia's St. Petersburg International Economic Forum, often dubbed Russia's Davos, commences today under the dual pressures of Ukrainian drone attacks and increasing economic instability.
US Secretary of State Marco Rubio stated he is unaware of any official US delegation participating in the St. Petersburg International Economic Forum (SPIEF). He noted that while he knows about the event, he doesn't believe high-ranking officials are involved, and clarified that actor Steven Seagal, a Russian special representative, is not a US government official.
Indian official Chova emphasized strengthening India-Russia cooperation in education, technology, and human resource development at the St. Petersburg Economic Forum. He noted opportunities in the Russian market and banking system, fostering sustainable development.
Germany's Foreign Office advised the AfD party against attending the St. Petersburg Economic Forum, citing the need to maintain pressure on Russia over its war in Ukraine and avoid creating an impression of normalcy.
UAE Minister Al Musabi discussed robust bilateral relations with Russia at the St. Petersburg Economic Forum, emphasizing strategic sectors like food, AI, and technology. Trade reached a record $14 billion in 2025, a 50% increase from the previous year.
Russian Foreign Minister Sergey Lavrov is set to give interviews to Russian media and hold meetings with foreign counterparts on June 4, on the sidelines of the St. Petersburg International Economic Forum (SPIEF). The forum, themed "Pragmatic Dialogue: The Path to a Stable Future," runs from June 3-6.
The St. Petersburg International Economic Forum, with Saudi Arabia as the guest of honor, aims to boost cooperation and trade. The Saudi delegation is led by the Minister of Energy, Prince Abdulaziz bin Salman.
24 organizations have backed a new business initiative at the St. Petersburg International Economic Forum, receiving 32 applications in two days. The "Dobry Piter" initiative connects companies with social projects.
The St. Petersburg International Economic Forum (SPIEF) begins, with German companies and AfD politicians attending. Critics, including politicians from CDU, SPD, and Greens, label the AfD's participation a security risk and a political capitulation to Russia, while the AfD defends maintaining dialogue. Experts suggest Russia aims to exploit divisions within the West.
Saudi Arabia is a guest of honor at the St. Petersburg Economic Forum, showcasing technological projects, 2000-year-old artifacts, and its date cola as a healthy alternative. The delegation is led by the Minister of Energy, Prince Abdulaziz bin Salman.
Lada showcased its modern Lada Azimut crossover and other models like the Vesta and Niva at the St. Petersburg Economic Forum. A notable exhibit was the 1970 VAZ-2101 'Kopeyka', the first car produced by AvtoVAZ.
Thomas Bruch, a prominent German entrepreneur and shareholder of Russian hypermarkets, will attend the St. Petersburg Economic Forum. This marks the first participation of such a figure since Russia's invasion of Ukraine, aiming to foster economic ties.
Polish experts express mixed feelings of envy and despair regarding the St. Petersburg International Economic Forum. While the US, Germany, and Russia engage in dialogue, Poland risks marginalization in Europe due to its strong anti-Russian stance.
The St. Petersburg International Economic Forum (SPIEF) will host approximately 20,000 attendees from over 100 countries. Notably, the US will send an official delegation for the first time in years, while Saudi Arabia is the guest country. Russian President Putin will deliver a keynote address and hold bilateral meetings.
