TASS quoted Anton Kobyakov - advisor to Russian President Vladimir Putin, executive secretary of the SPIEF Organizing Committee - as saying to the press on May 18: "To date, 691 agreements worth 5.639 trillion rubles ($99.8 billion) have been signed. Of course, we only publish numbers that are not confidential commercial information.
About 14,000 representatives of 130 countries, including Russia, attended this year's SPIEF forum. 79 countries have sent official representatives.
St. The 25th Petersburg with the theme "New Opportunities in a New World" took place from June 15 to 18. Speaking at the plenary session on June 17, Russian President Vladimir Putin said that Russia is entering an era of technological change as a powerful, sovereign state that will certainly take advantage of the opportunities opening up.
Referring to the current global crisis, Mr. Putin said that it is the principles of the global economy that have been affected by the actions of Western countries: " Important business concepts such as business reputation, intangible rights to assets, and trust in global currencies have been seriously destroyed. Unfortunately, they have been weakened by our Western partners. The situation has been getting worse for a long time and it is not the result of Russia's special military campaign in Donbass," President Putin said.
According to the Russian leader, the world has entered an era of "radical changes" not only in the economy: "international institutions are collapsing, security guarantees are being depreciated. The West has flatly refused to fulfill its previous obligations, Putin said.
Regarding the new global economy, the Russian president said that global reserves will be shifted from the US dollar and the euro to practical resources such as food and goods.
Regarding the principles of the Russian economy, President Putin emphasized that openness and transparency in business freedom will be important principles of the Russian economy, combined with a responsible and balanced macroeconomic policy.
Moscow will never follow an isolationist and specializative path. Any private initiative that benefits Russia needs maximum support and scope of implementation. Social justice will be the fourth principle, developing advanced infrastructure will be the fifth principle and technology sovereignty will truly be the sixth principle. We need to build every area of life on a completely new level of technology, Putin stressed.
Regarding sanctions against Russia and their consequences, the Russian president said that the West had imposed "crazy and reckless" sanctions on Moscow but had no initial chance of success.
"We are gradually normalizing the economic situation. The terrible forecasts about the prospects of the Russian economy - made in the spring - have failed," Putin said.
In particular, the Russian government has "prevented an inflation outbreak" as the inflation rate decreased from a peak of 17.8% to 16.7% and continued to decrease. The budget surplus in May was 4 times higher than last year. At the same time, sanctions against Russia have made it more difficult for the countries that initiated them, as the directly calculable damage to the EU alone could exceed 400 billion USD next year, according to the Russian leader.
