During the St. Petersburg International Economic Forum (SPIEF), Tanzanian President Samia Suluhu Hassan highlighted her country's interest in boosting trade with Russia. She stated that Tanzania aims to increase its exports to Russia while encouraging Russian exports to Tanzania. The current trade volume between the two nations stands at approximately $400 million annually, which has remained stable in recent years. The SPIEF, taking place from June 3 to June 6, 2023, is themed 'Pragmatic Dialogue: the Path to a Stable Future,' and is focused on developing a new model for global economic interaction amid ongoing changes in the world economy. The forum features various specialized discussions, including those on small and medium enterprises, creative industries, and drug security, along with cultural events like the Petersburg Seasons festival and SPIEF Sports Games. The event is organized by the Roscongress Foundation, with VEB.RF as the title partner, and TASS serves as the official general information partner.