Petersburg decision

In early summer, from June 1 to June 3, St. Petersburg will host the largest economic event in Europe – the St. Petersburg International Economic Forum. Every year the St. Petersburg Forum brings together leading politicians, economists, experts, financiers, bankers, economists and even presidents. Traditionally, the SPIEF has become a platform for sharp discussions and negotiations. This is even more urgent now, when it is extremely difficult for world leaders to find common ground, which, first of all, affects business.

Therefore, Russia and Europe should use this site of the SPIEF to establish a constructive dialogue, obtain basic agreements and conclude contracts and agreements.
For Russia, the restoration of economic and trade relations with the Old World is a political issue in many respects. For Europe, Russia is mainly a market. The last two years, against the backdrop of sanctions against the Russian Federation by the European Union and the United States and the response product embargo by Moscow, European companies are leaving Russia, and their places are occupied by Asian companies from China and South Korea. In fact, Europe, because of its irrational policies, bears economic losses, losing the Russian market and Russian partners. At the same time, Asian companies have the desire and the means to develop economic ties with Russia, not only supplying their products to such a large market, but also investing in production in the territory of a “big neighbor”.
However, despite sanctions and complicated relations with the West, Russia is ready to cooperate on trade and economic issues with partners from Europe. And it is exactly the SPIEF and this year should become such a platform where the Russian Federation and the European Union can discuss bilateral cooperation in business and economy.
And there is something to discuss. In addition to traditional energy projects, there remained a huge number of goods that were not subject to sanctions and which could be the subject of expanding trade between Russia and the countries of the European Union. In addition, the last few lays down the sphere of finance and credit relations, than, again, ready to take advantage of the countries of Asia.

Another interesting feature of the current St. Petersburg International Economic Forum may be an attempt to eliminate disagreements between the countries of the European Union and the countries members of the Eurasian Economic Union. But the interests of two international organizations are very often encountered, for example, in international trade.
In other words, the SPIEF solves many problems every year at the most suitable time for it. The level of the event, its participants and guests, the format and the huge number of discussion platforms can solve if not all the existing problems between Russia and the European Union, then their economic part is quite.