- 9 months ago
Organiser of St Petersburg International Economic Forum , Roscongress Foundation share why the forum is important amidst multipolar world. This event is timed to coincide with visit to the SPIEF, organised by the Roscongress Foundation
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00:00All right. So, Petersburg International Economic Forum only confirms its status as one of the leading business platforms in the world.
00:13Durantly, with the organization committee, we developed the program of the International St. Petersburg Economic Forum.
00:20And then 25,000 experts work on the program. We work on the business zones and platforms represented here, the industries that are presented here.
00:34And in this very year, we launched a number of new industrial areas of work.
00:41The agricultural cluster, the zone of Russian brands are included to promote Russian services and products.
00:50We have organized the Russian Congress International, Corona. It is a great continuation of the role of our partners.
01:03And we believe that St. Petersburg International Economic Forum enables us to have the dialogue, the equal dialogue.
01:12And this platform is the great foundation for building new business projects, for formulating the new position for forging cooperation between countries.
01:39And this is the dialogue between countries who came to Russia's guests to participate in the St. Petersburg International Economic Forum.
01:49This is our major goal. Thank you. Colleagues, other questions?
01:55One of the key sectors of the Russian economy showcase, S-E-I-E-F, S-E-I-E-F, and which of them are most attractive to foreign investors?
02:11The St. Petersburg International Economic Forum, St. Petersburg International Economic Forum, the structure in terms of the industries.
02:26I want to say that everything is presented here. All the industries that are present in Russia and in the world can be found at this forum.
02:38We represent the Russian Congress, the organizational committee, and we have made some accentuation points.
02:45We have the Center of Innovations, where the most interesting and new promising technological and innovative projects are presented.
02:54We also have the new space called Agricultural Cluster. The leading representatives of Russian agricultural produce are present there.
03:06Apart from products, food security in Russia and globally, we discuss the quality of products and its influence on the longevity,
03:16discussed there, and the investments in the agricultural sector. There is the platform for Russian brands, and a couple of platforms for the Ministry of Sport.
03:27And there, we talk not only about sport as a phenomenon, but also about business and sport, and the mass scale of sport.
03:35So, if you visit any pavilion, you'll find oil and gas companies, there are banks, IT companies, transport companies as well.
03:47So, it would be very hard to name an industry that is not represented at St. Petersburg International Economic Forum.
03:56Thank you, Alexander, for your answer. Moving on. Colleagues, who else would like to ask a question?
04:08Mr. Rano?
04:09Could you help us to understand that in terms of in what ways, you know, SPIEF, you know,
04:16you're also being asked to bridge for fostering the nuclear and electrical fabrication between the Russian enterprise,
04:22and also the global and international innovation community?
04:35Well, I believe that one of the target platforms is the territory of innovations.
04:41There's a whole cluster of stands represented by the Ministry of Healthcare and the pharmaceutical industry.
04:55There are also some governmental structures that are responsible for the well-being of Russian citizens,
05:03with our technologies, and the oversight agency is also present there.
05:10There are also business zones in Gronosberg regions of Russia, and there you'll find a lot of innovative and high-tech projects
05:17that are underway with the products made, and other projects that are potentially interesting for investors.
05:26Thank you. I hope you are satisfied by the answer.
05:30And, esteemed colleagues, I can see how hard it is to pronounce the whole abbreviation. We also say SPIEF, and just say PSIEF forum.
05:45Yes, in Russian, we sometimes just say something about your colleagues, who else would like to ask a question.
05:51Yes, I'll give you the floor.
05:54...and for attending such an outstanding international forum.
05:58And I'm really actually representative of our newspaper, which is one of the earliest newspapers in the world, back to 150 years.
06:06And it's one of the biggest newspapers in the Indian organizations in the Middle East, as well as in Asia.
06:12Actually, I have two questions. One, the first one is, what is the rich SPIEF 2020 value for previous forums,
06:21especially in the context of the global shift towards multipolarity?
06:26And, Michael, I have two questions, and thanks for the privilege of the previous interview, a few weeks for the Ahram newspaper,
06:33and we may add this to an excellent review.
06:36How do you view the Egypt's participation in this year's forum, and what are the most outcomes regarding Egypt and Russia,
06:45especially that our bilateral relations between Russia and Egypt is being a strategic relationship?
06:56Thank you for your question. Each forum is different from the previous one,
07:07and I'm talking about the St. Petersburg International Economic Forum,
07:10and I'm talking in terms of the number of disciplines and the number of countries.
07:15The numbers are growing each year. If we speak of the peculiarities of each forum,
07:23this year we have a new guest, the Kingdom of Rome, and we're talking about different industrial clusters,
07:33and each year we represent new areas. As for the shift that he mentioned,
07:42it all is reflected in the agenda of St. Petersburg International Economic Forum in its program.
07:48We look at it through the prism of the economic relations and economic difficulties,
07:55and the turbulence that we are observing, and the ways of overcoming them.
08:01As for the composition of participants of the forum, we never have rejected participants in their participation.
08:19As for the USA, the participants from the USA also willingly participate in our forum,
08:27and we can see more and more representatives from Southeast Asia, Latin America, Middle East, Central Asia.
08:37So we're working on it, and we're organizing events within St. Petersburg International Economic Forum,
08:46not only here and now. We've been working for the whole year.
08:49In Malaysia and Indonesia, we had some visiting sessions. We also visited Latin America, and my colleague will name some more countries.
09:00And this is all within the work of St. Petersburg International Economic Forum,
09:04and it all brings positive results. This is our main goal. As for the relations of Russia and Egypt,
09:11in my opinion, our countries have always enjoyed friendly relations, and these relations will only develop further.
09:21So there are no risks or impediments for the Egyptian countries to participate in the St. Petersburg International Economic Forum.
09:31Well, apart from the transportation and logistical issues that we're facing now.
09:39But I think these issues are minimal when it comes to Egypt, because there are direct flights from Cairo to St. Petersburg,
09:46but the pressure below it has increased. Yes, it's true. You're correct in saying that.
09:53Thank you. Amar, we move on. Who else would like to ask a question?
10:03We missed the opportunity to thank you the other day for the wonderful opportunity, the invitation.
10:11We hope this is not the first time, and we hope that this is not the last time that us partners will continue to work together.
10:19But my question is more about business from the European side. Are the European businesses still interested in this forum, SPIF?
10:32And do Western companies still see opportunities in Russia? Thank you.
10:40This is a very prominent issue on the agenda. I know, reading your Russian media, I know that many foreign, especially Western European companies,
10:59are reconsidering their decisions to leave the Russian market or to freeze their business activity in Russia.
11:09Indeed, there are debates about on what terms they may be allowed to come back to Russia and restart their business.
11:19On the one hand, sometimes it's easy to exit an economic partnership, but it's much harder to enter into it again.
11:33What we're seeing, what we expect to happen, is that they will face tougher terms.
11:42There will be different types of requirements, different from those that were used back in the 1990s.
11:49Those were much more friendly, much more convenient, there was a lot of demand for their products, there was a lot of support from the Russian government when they first entered the Russian market.
12:01Apart from administrative decisions that will need to be made in terms of allowing these businesses to return to Russia,
12:09we need to understand that over this elapsed time period, companies from other countries, including Chinese, Turkish and Southeast Asian companies,
12:21have filled this niche that used to be occupied by European businesses.
12:26So there, going back, does not mean that they will automatically get the market share that they enjoyed until 2022 or 2023,
12:35when they all took up and left under certain pressure or the current issues on the political agenda.
12:46So it's a question of further discussion and if they meet all the administrative requirements working in Russia with Russian consumers in a given price range.
13:02You know, some things just evolve. Let's take a look at the automotive industry.
13:11Even though Russian buyers always liked European and American car brands, they just gave up the market to Chinese car makers,
13:23and they also lost their European market as well because their prices were not competitive as opposed to similar cars made in China that were shipped to Europe.
13:38So now returning to Russia with their cars that are often an order of magnitude more expensive but do not have the same level of service and more limited options.
13:50You know, that's a tall order. And Russian consumers vary into a lot of troubles related to the maintenance of their cars.
13:57They face a lot of limitations. So they might be thinking it's better to buy a Russian-made car and Russian cars have improved in terms of quality.
14:08Or maybe it's better to buy a Chinese vehicle rather than necessarily buying a European lead car.
14:17That's just one of the most prominent examples. Thank you for this example. Next question please, colleagues. Who's next?
14:24Who's next?
14:26Agahera?
14:32We are in Sanit...
14:34It's a little bit louder.
14:36Okay.
14:38Okay, we do appreciate everything here.
14:40My question is, how does RF agenda form it?
14:44Since the time we got here and here,
14:48I think I've touched upon this issue already.
15:07When we could work on the agenda of the next forum, you know, it's a year-long work.
15:13Once the SPIEF 2025 ends, we are going to immediately start working on the next forum.
15:21Even now, we'll be working on some themes for 2026.
15:26Some of the delegations that are here this year have certain ideas about next year.
15:34So, the foundation is laid by, first of all, an expert community, about 5000 people who work year-round.
15:45Then we have our team and we have partners among Russian SMEs and large corporations who help us form our agenda.
15:56Because this forum serves all groups. Yesterday we had an SME day where we invited not only Russian companies but international companies as well.
16:05It was a very fruitful day that resulted in some suggestions for 2026 in terms of legislative initiatives and international initiatives.
16:15initiatives to lower certain barriers, including customs barriers or transportation limitations for SMEs.
16:23The final day, the June 21st, will be called the day of the future and will be dedicated to the youth agenda.
16:32It will be dedicated to those who will build our economy of tomorrow.
16:37This is how we build up our agenda. We will look at the recommendations resulting from this year's forum.
16:47We will work with our expert community. We will work with experts during our international forum sessions.
16:55We will see what our media partners suggest and we will incorporate all this feedback.
17:01As for the composition of our participants, it keeps fluctuating.
17:06We are not limiting participation in any way to representatives of any countries.
17:13But it just so happens that Southeast Asia is beginning to dominate.
17:18The Middle East is beginning to dominate.
17:20Latin America has… Latin American partners have a hard time traveling here and it's more difficult for them to do joint business projects.
17:29Turkey is always active in our business dialogue.
17:33And they send business delegations and some political figures from Turkey travel here to take part in the SPIEF.
17:44The same applies to Indonesia. Again, talking about Southeast Asia.
17:49So, year after year, this is how our agenda takes shape and how the composition of participants takes shape.
17:57The Organizing Committee is very much involved.
18:00We also enjoy the support of the Russian Foreign Ministry and the Ministry of Economic Development,
18:06the Ministry of Industry, all the Ministry, the Presidential Executive Office, the Government, all contribute.
18:15So, that's a huge effort that results in delivering a high-quality event that serves all target groups.
18:24Experts community, more for profit organizations, social institutions also contribute.
18:32As you can see, sport features prominent on the agenda.
18:36Most Russian regions are represented here or have some delegations here.
18:42Now, talking about the cultural sports program around the forum.
18:50These are meant to help participants continue their conversations in an entirely different atmosphere
19:00and reach a new level of trust because if there's no trust, there's no business.
19:05Thank you so much.
19:09When our colleagues came here, we did a briefing for them and I allowed myself this comparison.
19:17I compared the SPIEF to the Hermitage Museum.
19:23You can't visit all the booths, you can't visit all the sessions, but I think our colleagues are breaking records here.
19:32They have been running around this whole expo.
19:36They know the difference between the different halls and zones.
19:39They have very full agendas.
19:41I don't think there are few less guests here.
19:43The Media Center is open.
19:45The Media Center has been doing great work.
19:47We have the analytical system of the SPIEF.
19:50If you connect, you will see the highlights from each session.
19:55You can get the gist of what happened and you can use it for your publications.
20:05We have about 300 sessions during this forum.
20:09You can only visit three in the theater, maybe.
20:14Sorry, sorry, sorry. We can't explain.
20:17Actually, I want to commend on the job done by the Media Center.
20:22We talked about the news either in Arabic or in English.
20:25For sure, I should.
20:26But there are we taking some briefing and some news from the website,
20:31which is also very helpful for us.
20:33Because, as we've seen, the event is very normal and very huge.
20:37We can't follow up all the materials.
20:39But thanks for them and thanks for the administration as well.
20:42Thanks for the SPIEF also because we have a very comprehensive schedule
20:47and very detailed schedule for visiting most of the professionals as well.
20:54Thank you so much.
20:59We have internal SPIEF TV.
21:02We have live streams with live stream on VK and Yandex,
21:08which are our media partners.
21:10So we're trying to do anything that we can
21:12in order to share what's going on here with everyone.
21:15Thank you so much.
21:17I am the...
21:19I think our viewers have witnessed today
21:22on the same stage of the future president visiting
21:26and making statements of what is happening here.
21:31So I wanted to find out from you is that
21:35Is World Congress International more of a brand initiative
21:40or is it a practical strategy too?
21:43Can we help you a lot on this?
21:45I am sorry, I just want to clarify.
21:48You mean Ros Congress International this part?
21:50Yes, yes, yes, yes, yes, yes, yes.
21:52You can help me.
21:53Yes, yes, I love it.
21:55Talking about Ros Congress International as a brand,
21:58as a sub-brand of the Ros Congress Foundation,
22:01Foundation. It's a structured product for our foreign partners. We try to create more
22:10services, to offer more services. We hold foreign sessions in different countries. We
22:17are working, for example, with our partners at UCOM, on African Energy Week, under the
22:25ban of North Congress International. Thank you so much. Curious. Any other questions?
22:33Come on from online.
22:35You said that it is a process of continuity and evolution. We will do a certain
22:41system, and then we will take out what are the new priorities and that is inputted into
22:46the agenda. Based on what are your expectations from SPI of 2025, and if I were a participant
22:54from SPI. Thank you.
23:04Well, I think we will know what the takeaways are in a couple of days. I believe we will
23:09know the takeaways in a couple of days of this forum. First and foremost, we want the
23:18businesses that take part at the SPIA, both Russian and foreign businesses. We want them
23:25to get as many benefits as possible in terms of information, in terms of agreements signed,
23:34in terms of projects, in terms of understanding the processes that are going on in Russia. Just
23:41today, we visited the opening of the agricultural cluster, and a businessman from Germany, who
23:48moved to Russia, who has been investing in Russia, who created a dairy plant number one in Russia
24:00and in Europe. So that gentleman said it is much easier for him now to work in Russia than in Germany.
24:10And his colleagues are echoing that Russia is becoming an attractive jurisdiction. It is becoming an attractive
24:17venue for agricultural projects, because there is a certain legislative framework that helps maintain and improve the quality of the
24:27products. There is a certain level of culture that works well maybe for people of the older generations from Europe and the West about how the world should be. So maybe the main takeaways from the forum this year will depend on this general theme of the forum.
24:56The theme of the forum, which is shared values. Because without the foundation of shared values, of traditional values, we cannot build trust. And without trust, we cannot do business. We cannot execute policies. I wouldn't want to, you know, get all political in our dialogue.
25:24We are talking more about the form and the composition of the forum. We just want to make it convenient and comfortable for businesses and for you and for experts. But we all live in this world. It's a small world, after all. And I think being here, being immersed in the narratives that have been around for the last couple of years, we
25:53We realize that this world is really small, after all. And for us, it is the only world. We have no planet B. We can't move to Mars or Venus. We can't just take up and leave. We can't just say, we're done. We're going somewhere else. So we need to carefully preserve what we have, both in terms of natural resources and in terms of political dialogue.
26:21Even if we might disagree, we might have different political views, we might have old grudges, and yet we should go back to dialogue and stop hostilities that claim people's lives and destroy businesses, rupture logistics chains.
26:48Even if some people believe that it's the king's ultimate answer, as they used to say, you know, it's the only way forward. We should still be thinking about how to go back. Exiting hostile conflict is hard because there are tensions that are difficult to forget and put past you.
27:16Even though there are some positive examples here. Let's take what happened 80 years ago. This year we're celebrating the 80th anniversary of the victory in the Great Patriotic War. It's a major celebration for Russia, for formerly the Soviet Union. It unites us all.
27:37We're united by this understanding that France and Germany and Great Britain and the Soviet Union and the United States and the United States and Japan, all of these powers still managed to find some common ground after World War II and managed to exit that military conflict with a certain economic agenda and they achieved growth and shared wealth.
28:02So it would be great if some of the takeaways of this forum this year and, you know, we'll all listen to our president's keynote and we'll listen to what our plenary panelists have to say.
28:21Again, I don't want to get all too political. I'm more of an economy guy. But the erosion of trust leads to the erosion of economic processes and we see that reflected in the prices of oil and many other processes economies suffer.
28:39Thank you, Alexander Adelovitch, for this detailed reply. Well, I would listen from you forever. Colleagues, any other questions for Alexander Stuglov to allocate these 40 minutes to communicate with us despite his very busy schedule and to talk about St. Petersburg International Economic Forum 2025?
29:05We wish you, Alexander Stuglov, to conclude this forum the way that you would like to and ensure that the numbers of the forum will meet your expectations. What are the current numbers?
29:24Well, 140 countries, 25,000 participants at least. I'd like to congratulate you all. Thank you for organizing the provision of information at St. Petersburg International Economic Forum. Thank you to participants for your interest and participation in St. Petersburg International Economic Forum. I wish you peace and all the best.
29:46And all the best. And Ruskongress International is the platform where we organize this briefing. You remember that Bahrain is the special guest of this forum. So colleagues from Bahrain have prepared the gift. This will be the pleasant model and about what this gift is all about.
30:07Let's pay attention to your attention to the best.
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