The 27th St. Petersburg International Economic Forum (SPIEF) kicks off this week , bringing together over 18,600 global leaders and innovators from 139 countries and regions. With its theme \"The Formation of New Centers of Growth as the Cornerstone of a Multipolar World,\" the event is Russia’s answer to Western-dominated economic summits
.
Why it matters: Last year’s forum saw $43.2B in deals signed, proving its growing clout despite geopolitical tensions. This year, Oman takes center stage as guest country
, signaling stronger ties with non-Western economies.
Key quote: \"Russia’s economic model has shown competitiveness under pressure,\" said Anton Kobyakov, a top advisor to Russia’s president. \"We’re becoming a growth hub in this new multipolar era.\"
By the numbers: 3,000+ companies represented in 2023, with 75 countries participating. Will 2024 break last year’s 900-deal record? Stay tuned
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Reference(s):
Basic facts about St. Petersburg International Economic Forum
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