
SPIEF 2025 deepens Egypt-Russia strategic partnership - Economy
Since Egypt's designation as the forum's guest country in 2022, bilateral relations between both nations have expanded significantly across energy, infrastructure, investment, and education.
This marked Cairo as a key partner in Russia's vision for a balanced and multipolar global economy.
"The collaboration with Egypt continues to serve as a model for regional cooperation rooted in mutual respect and shared interests," Anton Kobyakov, advisor to the president of the Russian Federation and executive secretary of the SPIEF organizing committee, said at the forum's final press conference.
He emphasized that Russia remains committed to fostering ties with Arab states — including Bahrain, the 2025 guest country, and Saudi Arabia, which will hold the role in 2026 — as part of its broader strategy to enhance connectivity across the Global South.
Kobyakov also praised Egypt's pivotal role in building consensus on economic sovereignty and its contributions to joint initiatives launched during and after its guest country status.
'Egypt has proven to be a reliable and visionary partner,' he noted. 'Our cooperation reflects the core values of SPIEF—shared growth, balanced dialogue, and regional inclusion.'
This year's forum, held under the theme 'Shared Values: The Foundation of Growth in a Multipolar World,' brought together global stakeholders committed to forging new paths of economic cooperation independent of unilateral Western influence.
Organized by the Roscongress Foundation, SPIEF 2025 reinforced its reputation as the premier annual platform for international economic policy discussions.
Kobyakov reported that 1,060 agreements were signed during the forum, totaling 6.3 trillion rubles (approximately $83 billion).
The programme included 350 official sessions, 24 high-level bilateral economic dialogues, 30 sports events, and 18 cultural competitions, demonstrating the forum's comprehensive nature as both a diplomatic and socio-economic platform.
With participants from 140 countries and regions, SPIEF 2025 featured the presence of heads of state, ministers, multinational business executives, sovereign wealth funds, and representatives from over 220 educational institutions.
The international youth initiative, 'Friends of Leadership,' drew participants from over 60 countries, working alongside UN-affiliated organizations to shape the next generation's perspectives on global governance.
Kobyakov announced that St. Petersburg will host a new International Transport and Logistics Forum in 2026, reinforcing Russia's focus on securing resilient and autonomous global trade networks.
Furthermore, he emphasized the importance of emerging technologies and regional cooperation frameworks, particularly BRICS and the Eurasian Economic Union (EAEU), in adapting to a shifting geopolitical landscape.
'The future of global trade lies in the rise of self-reliant macro-regions,' Kobyakov said.
'Those with production, energy, and food security—anchored in political sovereignty—will be best positioned to navigate global instability,' he concluded.
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The Russian leader's transparent manipulation of the US president and Trump's credulity will worry Ukraine. On Fox News, Trump said Putin praised his second term, saying the US was 'as hot as a pistol' and he had previously thought the US was 'dead.' Putin also publicly reinforced Trump's talking point that the invasion three years ago would 'never have happened' if he had been president. 'I'm quite sure that it would indeed be so. I can confirm that,' said Putin. Rescue workers extinguish a fire on a civilian enterprise in the Novobavarskyi district struck by a Russian drone on June 4, 2025, in Kharkiv, Ukraine. Viacheslav Mavrychev/Suspilne Ukraine/GlobalTrump told Fox News' Sean Hannity that he was 'so happy' to hear validation from Putin and that the Russian leader had reinforced another one of his false claims, telling him that 'you can't have a great democracy with mail-in voting.' That a US president would take such testimony at face value from a totalitarian strongman is mind-boggling — even more so in the light of US intelligence agency assessments that the Russians interfered in the 2016 election to help Trump win. Ultimately, events in Alaska drove a hole through a White House claim in a recent statement that Trump is 'the President of Peace.' Trump has touted interventions that cooled hostilities in standoffs between India and Pakistan; Rwanda and the Democratic Republic of Congo; Thailand and Cambodia; and Armenia and Azerbaijan to argue he's forging peace around the globe at an extraordinary clip. 'I seem to have an ability to end them,' Trump said on Fox News of these conflicts. He does deserve credit for effectively using US influence in these efforts, including with the unique cudgel of US trade benefits. He has saved lives, even if the deals are often less comprehensive than meets the eye. 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