• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Friday, January 27, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

Russia’s version of the World Economic Forum is a smash hit with 79 participating countries

Vedica Singh by Vedica Singh
June 22, 2022
in Americas, Europe, Russia
Reading Time: 3 mins read
0
Russia’s version of the World Economic Forum is a smash hit with 79 participating countries
1.2k
VIEWS
Share on FacebookShare on Twitter

The 25th edition of the Saint Petersburg International Economic Forum (SPIEF), titled “The New World & the New Opportunities” took place amid rising political and economic turmoil. Global shocks resulting from the pandemic and growing geopolitical tensions have created a new reality. SPIEF 2022 has been attended by about 14,000 people representatives from 130 countries including US.  Even at a time when the country is at war with Ukraine the Russian-led forum SPIEF, is being trusted more than the West-led World Economic Forum.

Saint Petersburg International Economic Forum is gaining credibility on the global stage. This is evident from the fact that even the countries designated as ‘unfriendly nations’ have also participated in the forum. “Among those taking part [in SPIEF] were also representatives from all, as we call them now, unfriendly countries. Of all without exception,” said Anton Kobyakov, an advisor to the Russian president and the SPIEF organising committee’s executive secretary.  Well, not just this but 600 Americans also came forward to participate in the forum.

Also Read

The death of Russian Oligarchs worldwide raises serious questions

Russia can destroy USA’s nuclear energy ambitions in the blink of an eye

Kobyakov suggested that SPIEF 2022 has been attended by about 14,000 people, representatives from 130 countries, including Russia. Of which, 79 countries sent official representatives.

Deals signed in Saint Petersburg

Nearly $100 billion worth of deals were signed this time at Saint Petersburg. During the four-day event, more than 690 deals were signed. Amid all this, what’s worth noting is that despite the tense political situation regarding Russia’s military operation in Ukraine, officials and businessmen from more than 130 countries took part in the SPIEF forum this year, including all the ‘unfriendly states’ that have imposed sanctions on Russia. This week’s 25th SPIEF resulted in 5.6 trillion rubles ($97 billion) worth of agreements, which is 30% more than the past year (3.8 trillion rubles). The business program of the forum included 214 events and focused on Russian and global economic and social issues, and technology.

President Putin SPIEF 2022 Speech: Russia's New Business & Investment Policies - Russia Briefing News
Source- Russian Breifing

According to Anton Kobyakov, the forum showcased ‘economic sovereignty’ of Russia while highlighting the importance of the platform on the international level. “It seems to us that the most important thing SPIEF demonstrated was Russia’s self-sufficiency and economic sovereignty” and the country is not susceptible to “external pressures and blackmail,” Kobyakov said.

Among the major deals signed at the forum, this year was a technical agreement on gas supplies between Russia’s main gas exporter, Gazprom, and China National Petroleum Corporation (CNPC).

Read More: Russia is cleverly using these five nations to produce military goods despite sanctions

Gazprom and KazaqGaz agreed to increase the processing of Kazakh gas in Russia. NOVATEK also announced its plan to build a mini-plant production of liquified natural gas (LNG) at its plant in the city of Togliatti in western Russia. Rosatom signed an agreement with Yakutia on the construction of a pilot mini-nuclear power plant, to be commissioned in 2030.

Read More: Iran cuts off the last oil supply line to the US and the West

SPIEF has an edge over the World Economic Forum

Taking place even amid already increased political and economic turmoil, the forum had a horde of participants which proves its burgeoning credibility and the reliability of the investors in the forum. The attitude of the investors and businessmen is shifting from the World Economic Forum to the Saint Petersburg International Economic Forum.  Representatives from over 130 countries and even from the ‘unfriendly nations’ is a favorable indication for the forum.

Tags: gazpromRosatomSaint Petersburg International Economic ForumWorld Economic Forum
ShareTweetSend
Previous Post

Collection of Best 30 Intentions quotes and captions

Next Post

UK, Portugal and Norway stop military aid to Ukraine and NATO approves it

Also Read

Ethnic cleansing, Coups and Coercion- the tools US (NATO) uses to increase its influence

Ethnic cleansing, Coups and Coercion- the tools US (NATO) uses to increase its influence

January 27, 2023
common currency

Is a common Latin American Currency feasible?

January 27, 2023
NATO-EU coerce Belarus to abandon Russia

NATO-EU coerce Belarus to abandon Russia

January 27, 2023
EU was the most successful Liberal experiment that is now falling apart

EU was the most successful Liberal experiment that is now falling apart

January 25, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Joy Piccolo O’ Connell in tv

Joy Piccolo O’ Connell and her role as a wife while her husband was battling cancer

October 8, 2021
Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

May 9, 2022
Saudi Arabia Caribbean

Saudi Arabia expands its Caribbean foothold with an $80m gift

January 22, 2023
World Economic Forum

“Sex, sleaze, and drugs” is what WEF is all about

January 18, 2023
Abrams tanks

The real reason why US denied giving Abram tanks to Ukraine

January 10, 2023
Canada Christian

Justin Trudeau’s assault on Western Morality and Christian Values

January 27, 2023
Leopard Emoji

Leopard Emoji; Germany’s racist mask falls off

January 27, 2023
St. Lucian PM definitely doesn’t give a damn about accountability

St. Lucian PM definitely doesn’t give a damn about accountability

January 27, 2023
Ethnic cleansing, Coups and Coercion- the tools US (NATO) uses to increase its influence

Ethnic cleansing, Coups and Coercion- the tools US (NATO) uses to increase its influence

January 27, 2023
Canada Military scrap Ukraine

Sneering at its peak! Canada aids Ukraine with its Military scrap

January 27, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.