Title : Russia's St. Petersburg Economic Forum Falls Short of Expectations
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Russia's St. Petersburg Economic Forum Falls Short of Expectations
Participants of the annual St. Petersburg International Economic Forum (SPIEF) at the ExpoForum Convention and Exhibition Centre. © Sputnik / Vladimir Astapkovich
Nikolas K. Gvosdev, National Interest: Putin's Prized St. Petersburg Forum Falls Short of Expectations
In previous years, Putin has used the “boost” of a successful economic forum to assert Russia’s position in the world. But that wasn't the case this year.
bserving the St. Petersburg International Economic Forum from afar, the adjective I keep returning to is “lackluster.” The event was supposed to showcase a Russia that had beaten back Western sanctions; it was supposed to dangle before European and American businesses a wide range of opportunities in the greater Eurasian space that would be denied to them so long as their governments continued to mount pressure campaigns on the Kremlin. At the same time, this event was meant to highlight the Asian and Arab suitors who would show the West that their cash was not needed. That remains the theme—but so far, the results have been a bit skimpy.
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WNU Editor: My cousin who attended the event told me that besides the pretty hostesses, the event was a bomb.
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