The St. Petersburg International Economic Forum has begun

2025-06-21 15:21

The St. Petersburg International Economic Forum has begun

The St. Petersburg International Economic Forum has begun, and the Organising Committee delegation from the International Municipal BRICS Forum is participating actively in the busy business programme. The first few days of the Forum have already yielded significant results.

A series of negotiations with partners from African countries and representatives of major international corporations were held, resulting in important agreements being reached and further cooperation being agreed upon. Particular attention was paid to preparing business missions to Brazil in July and to Vietnam in September. A list of organisations that have confirmed their participation in organising these trips and in furthering strategic partnerships within the framework of the VII IMBRICS Forum was compiled during the discussion, as well as a list of potential partners who may still join the partnership.

Alongside the SPIEF activities, preparations for the VII International Municipal BRICS Forum are in full swing. This event is scheduled for 20–21 November 2025 in St. Petersburg. On the first day of the Forum, negotiations were held with Tatyana Tylevich, Director General of the Imperial Porcelain Factory, regarding potential joint projects.

As Mikhail Cherepanov, Chairman of the Organising Committee of the VII International Municipal BRICS Forum, noted: 'In a highly competitive environment, we are forced to limit the amount of information presented in open sources, summarising the key results.' Today was extremely productive — we discussed prospects for cooperation with leading companies over the next year and secured significant partners' willingness to provide financial support for the organisation of the VII IMBRICS Forum. However, given the risks of unfair actions and slander on the part of certain counterparties, the details of the negotiations will remain confidential.'

The Organising Committee delegation is continuing to work actively at the SPIEF venue, paying particular attention to developing international cooperation and preparing for the upcoming IMBRICS Forum.

'The St. Petersburg International Economic Forum has started with record representation, with delegations from over 140 countries in attendance. Discussions are focusing on forming common guidelines in a multipolar world, sustainable development, and technological leadership. It is particularly important to strengthen our partnership with China, a key member of BRICS. We can already see concrete results, including an agreement with ZXMM to localise the production of wheel discs for Russian agricultural machinery in the Moscow Region. We intend to maximise the potential of the forum — there are dozens of promising agreements on the agenda that will lay the foundation for long-term cooperation,' commented Mikhail Sverdlov, Director of the IMBRICS Business Communication Foundation, on the first days of the forum.