What is the St Petersburg forum, Putin’s economic outreach to the world?

Author: Caolán MageePublished on: June 3, 2026Country: Russia

Business & EconomyWorld / International

What is the St Petersburg forum, Putin’s economic outreach to the world?

The St. Petersburg International Economic Forum (SPIEF) began on June 3, 2026, with about 20,000 guests from over 130 countries, against the backdrop of the war in Ukraine. Ukrainian drones struck energy facilities near the forum venue, temporarily disrupting the airport, but the conference is proceeding as planned. SPIEF, often called the 'Russian Davos,' serves Moscow to showcase its ties with Global South countries amid strained relations with the West since the 2022 invasion of Ukraine.

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