🎥🎥 Russian President Vladimir Putin takes the stage at the SPIEF 2024 to welcome the forum's participants, organizers, and guests.

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Before the start of the plenary session at SPIEF, they showed a video about Russia’s role in the formation of a new world order.

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Vladimir Putin has taken the stage together with Bolivian President Luis Arce and Zimbabwean President Emmerson Mnangagwa

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There has been a real race between countries in the world to strengthen their sovereignty, Putin said during his speech, adding that the countries that were leaders are trying to maintain leadership by hook or by crook.

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🗣 Now the world is experiencing explosive technological growth, changing all spheres of life, Putin said.

Russia has demonstrated a high level of readiness for technological transformation, the financial sector and transportation services are changing, Putin said, noting that the military sector also needs technological renewal.

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Russia remains a key player in global trade despite all obstacles and illegitimate sanctions, Putin said

States friendly to Russia account for three-quarters of its trade turnover, the Russian president added.

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Putin: countries that were leaders are trying to maintain leadership by hook or by crook.

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⚓️ Last year, 36 million tons of cargo passed through the Northern Sea Route, and in the future, cargo turnover could exceed 150 million tons, Putin said.

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Western countries themselves undermined trust in their own payment infrastructure, the Russian president says

The share of settlements for Russian exports in ‘toxic’ currencies has halved and the ruble's share in transactions is growing, approaching 40 percent, Vladimir Putin has stressed.

BRICS countries are working on their own payment infrastructure, independent of the West’s, he added.

The grouping has great potential for new members to join, the leader noted.

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🚄 It is obvious that the development of new markets requires transport links, Putin said.

The president called the development of the Eastern polygon of railways one of Russia’s main tasks.

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Russia is ready to offer full-scale technological partnerships to other countries - Putin

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📉 The share of imports in Russia's economy should fall to 17% by 2030 through the development of its own industries, Putin said

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Northern Sea Route infrastructure will be developed further - Putin

Last year, 36 million tons of cargo passed through the Northern Sea Route, and in the future, cargo turnover could exceed 150 million tons, Putin said.

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Private investors are actively investing in the Russian economy, Putin said, emphasizing that there are almost 30 million retail investors in the country, with their total assets amounting to more than 9 trillion rubles ($100 bln)

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The BRICS countries are working on their own payment infrastructure, independent of the Western one, Putin said, adding that the BRICS has great potential for the addition of new participants.

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Those who missed the plenary session of the forum are watching the speech of the Russian President at the Sber stand.

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🗣 "Russia is somewhere near Germany and Japan [in terms of GDP]. Ahead, but not by much. The leading positions need to be confirmed!” said Putin

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Visitors to Sputnik's stand are watching Vladimir Putin's speech at the plenary session

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In 2024, a new instrument will be entrusted – a “savings certificate,” and it will allow citizens to save money at a more favorable interest rate than even in a deposit, although now the interest on deposits is very attractive, Putin said

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Vladimir Putin's main statements from the SPIEF plenary session:

◾️ Russia remains a key player in global trade despite all obstacles and illegitimate sanctions. States friendly to Russia account for three-quarters of its trade turnover;

◾️ There has been a real race between countries in the world to strengthen their sovereignty. Countries that were leaders are trying to maintain leadership by hook or by crook;

◾️ Northern Sea Route infrastructure will be developed further. Last year, 36 million tons of cargo passed through the Northern Sea Route, and in the future, cargo turnover could exceed 150 million tons;

◾️ Russian economic growth rates exceed the world average. Russia is already in 4th place in terms of GDP at purchasing power parity;

◾️ Western countries themselves undermined trust in their own payment infrastructure. The share of settlements for Russian exports in ‘toxic’ currencies has halved and the ruble's share in transactions is growing, approaching 40 percent;

◾️ BRICS countries are working on their own payment infrastructure, independent of the West’s. The grouping has great potential for new members to join;

◾️ The share of imports in Russia's economy should fall to 17% by 2030 through the development of its own industries.

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