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SPIEF 2025 enters final day in St. Petersburg: Live Updates Record agreements and calls for multipolar cooperation mark SPIEF 2025: As it happened
(about 8 hours later)
The international forum focuses on global economic development, cooperation, and innovation Deals worth 6.3 trillion rubles have been signed at the forum on global economic development, cooperation, and innovation
The 28th St. Petersburg International Economic Forum (SPIEF 2025) has entered its final day, bringing together delegates from nearly 140 countries, including heads of state, major corporations, global organizations, and policy experts. The 28th St. Petersburg International Economic Forum (SPIEF 2025) concluded on Saturday, with over 1,000 agreements worth 6.3 trillion rubles ($80 billion) signed and new partnerships between Russian and foreign companies and agencies.
This year’s theme is ‘Common Values – the Basis for Growth in a Multipolar World’. The forum serves as a platform for high-level dialogue on economic challenges, sustainable development, and new cooperation models amid global power shifts. The forum brought together delegates from over 140 countries, including world leaders, major corporations, global institutions, and policy experts. The agenda featured over 350 events, including 24 business dialogues with key nations and regions on economic challenges, sustainable growth, and new cooperation models amid shifting global dynamics. Panel discussions explored a wide range of topics, from market volatility and global cooperation to innovation, technology, and AI regulation.
Friday’s plenary session featured keynote speeches from Russian President Vladimir Putin, Indonesian President Prabowo Subianto, Bahraini National Security Adviser Sheikh Nasser bin Hamad Al Khalifa, Chinese Vice Premier Ding Xuexiang, and South African Vice President Paul Mashatile. The centerpiece was the plenary session, where Russian President Vladimir Putin and top foreign guests delivered keynote speeches. Putin addressed Russia’s economic path, international partnerships, and BRICS’ growing role in a multipolar world. Other speakers pointed to rising geopolitical tensions and voiced support for closer ties with Moscow. Putin also held bilateral meetings with high-level guests at the forum.
Putin addressed Russia’s economic trajectory, global partnerships, and BRICS’s expanding role in a multipolar world. Other leaders highlighted mounting geopolitical tensions and expressed support for deeper ties with Moscow. Putin also held bilateral talks with high-ranking international guests on the sidelines of the session. The organizers noted that this year’s forum had a more youthful tone, with delegates from over 220 universities and educational institutions.
Panel discussions on Friday covered issues ranging from global market volatility and international cooperation to innovation, technology, and AI regulation. The Kingdom of Bahrain was this year’s guest country. Saudi Arabia will take on the role in 2026, SPIEF organizing committee executive and presidential aide Anton Kobyakov announced.
SPIEF 2025 concludes today with youth sessions and a panel on energy. This live stream has ended.