TripleCore Fund’s Post

SPIEF 2024: Over $71 billion worth of deals signed in St. Petersburg. Almost 1,000 deals and contracts, with a value of more than 6.43 trillion rubles ($71.87 billion) have been signed at the St. Petersburg International Economic Forum (SPIEF), according to Russian presidential adviser and Executive Secretary of the SPIEF Organizing Committee Anton Kobyakov. According to Kobyakov, 59 nations stated their willingness to join BRICS, the Shanghai Cooperation Organization (SCO), and the Eurasian Economic Union (EAEU), as these groupings “are providing new members with opportunities to boost cooperation in new formats of the multipolar development concept.” Year after year, G7 matters less and less face the fast-growing development of BRICS and other organizations.

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