Russia Criticizes US Economic Pressure Plans at St. Petersburg Forum
Moscow sees US plans to pressure Russia, other countries — deputy foreign minister
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During the St. Petersburg International Economic Forum, Russian Deputy Foreign Minister Alexander Pankin stated that Moscow perceives increased economic pressure from the US not only on Russia but also on its partners. He highlighted the obstacles faced by Russian companies in global operations due to these pressures.
- 01Alexander Pankin, Russia's Deputy Foreign Minister, expressed concerns about US plans to escalate economic pressure on Russia and its partners.
- 02Pankin noted that US actions are obstructing Russian exports and global operations of Russian companies.
- 03The St. Petersburg International Economic Forum (SPIEF) is being held from June 3-6, focusing on global economic transformation.
- 04Saudi Arabia is the guest country at this year's SPIEF, which includes various forums on economic development.
- 05VEB.RF is the title partner of SPIEF, organized by the Roscongress Foundation.
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At the St. Petersburg International Economic Forum (SPIEF), Russian Deputy Foreign Minister Alexander Pankin voiced concerns regarding the United States' plans to intensify economic pressure on Russia and its partners. He indicated that this pressure manifests as extraterritorial sanctions, which complicate dialogue with the US and hinder the export, transportation, and overall global operations of Russian companies. Pankin emphasized that these actions are obstructing Russian economic activities at every level. The SPIEF, taking place from June 3-6, marks its 29th edition and is themed "Pragmatic Dialogue: the Path to a Stable Future." This year, Saudi Arabia is the guest country, and the forum's agenda includes discussions on new models of global development amidst economic transformations. The event features several specialized forums and cultural activities, with VEB.RF serving as the title partner and the Roscongress Foundation as the organizer.
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The increased US economic pressure could significantly affect Russian exports and the operations of Russian companies internationally.
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