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Sanctions Help Russia Develop Own Competencies — Putin

  • Together with partners from other countries, Russia will achieve positive results, the head of state stressed

“There is much to discuss here. In some areas, sanctions created difficulties for us, but in others, on the contrary, they helped us develop our own competencies,” President Vladimir Putin has declared.

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“Of course, we’re not abandoning future cooperation. Of course, there’s still work to be done. Together with our partners from other countries, we’ll achieve positive results,” he said.

The 29th St. Petersburg International Economic Forum (SPIEF-2026) is taking place on June 3-6. This year, the event is held under the theme “Pragmatic Dialogue: The Path to a Stable Future.” Saudi Arabia is the guest country at SPIEF. The forum program is dedicated to shaping a new model of global development amid the ongoing transformation of the world economy.

The program includes the SME Forum, the Creative Industries Forum, the Day of the Future International Youth Economic Forum, and the Ensuring Drug Security Forum. As part of the cultural program, the Petersburg Seasons festival and the traditional SPIEF Sports Games will take place. This year, Russia’s national economic development institution VEB.RF is the title partner of SPIEF.

The Roscongress Foundation is the organizer of the St. Petersburg International Economic Forum. TASS is its official general information partner.

TASS

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