SPIEF 2024
The 2024 edition of the St Petersburg International Economic Forum (SPIEF) takes place from June 5 to 8. The theme of this year's event is “The foundation of a multipolar world - forming new points of growth”.

Most Major Russian Companies Have Partners in BRICS Countries

This is according to the study* whose results were unveiled at SPIEF-2024. Here are some of the key figures presented.
Sputnik
▪️ 52% of companies export to these member states of the group;
▪️ 57% import from these countries;
▪️ 63% are industrial and automotive companies;
▪️ 53% are involved in the agri-food, medical, or consumer goods sectors;
▪️ 63% of trade is conducted in the currency of the partner country. This indicator rises to 91% for small companies.
*The study was conducted by the Advisory Council on Foreign Investment in Russia, Business Group B1, and the organization “Business Russia.”