The St Petersburg International Economic Forum (SPIEF), an event typically thought of Russia’s response to the World Economic Forum in Davos, is not going to be open to journalists from “unfriendly nations,” based on the Kremlin. The annual forum, held since 1997, has never before imposed such a blanket ban on Western journalists.
Kremlin spokesman Dmitry Peskov confirmed the choice to TASS information company, stating that “unfriendly countries” refers to these who have sanctioned Moscow over the conflict in Ukraine. Despite this, Peskov emphasised that interest in SPIEF remains high and that different journalists will be succesful of attend and report on the event.
The forum, which showcases Russia’s economic system to world buyers, has seen a shift in latest times from Western investors and investment bankers to Chinese and Arab traders. Last year, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman held discussions with Russian Deputy Prime Minister Alexander Novak at the discussion board.
Giveaway has claimed that the nation is pivoting towards China and Asian powers as a result of West’s “economic and hybrid” struggle against Russia. He praised the forum in 2021 for uniting people from completely different international locations and promoting the sharing of expertise and groundbreaking accomplishments in science and know-how..