"The world is undergoing a major structural transformation"

On Friday, June 5, Vladimir Putin addressed the plenary session of the St. Petersburg International Economic Forum (SPIEF). President of Uzbekistan Shavkat Mirziyoyev, Leader of Tanzania Samia Suluhu Hassan, Vice President of the People's Republic of China Han Zheng and Minister of Energy of Saudi Arabia Abdelaziz bin Salman Al Saud are taking part in the event with him. The main quotes of the Russian president are in the Izvestia article.

About SPIEF

Good afternoon, ladies and gentlemen. Dear participants of the plenary session. I am very pleased to see such a representative hall. The hall is completely filled, which indicates the interest that SPIEF is arousing.

Russia and St. Petersburg are once again hosting the heads of large companies, businessmen, and experts from more than 130 countries this year.

On dialogue and cooperation

The uniqueness and attractiveness of the St. Petersburg Forum lies precisely in the possibility of a free dialogue on issues that interest entrepreneurs, entire industries, and even entire states. We are always open to those who are interested in working with our country and who are ready for equal and mutually beneficial cooperation.

We are convinced that this approach — to listen to each other, understand the interests of each side, and find common solutions — is a harmonious path of development, an opportunity to respond to the serious challenges faced by the modern world.

About challenges

We see the upheavals experienced by energy challenges, how tensions are provoked, primarily in the Middle East, how the short-sighted policy of the European bureaucracy is being implemented, which is accompanied by aggressive rhetoric and is accompanied by the loss of Europe's position in the global economy, and also undermines the foundations of regional security.

European elites are provoking chaos, into which they are trying to drag more and more countries. These processes did not arise by themselves, they were the result of the fact that the world is undergoing the largest structural transformation in recent decades.

The material is updated in real time.