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St. Petersburg International Economic Forum 2025: New Opportunities for BRICS, Latin America, and Europe

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June 18–21, 2025 – St. Petersburg, Russia

Despite ongoing international sanctions against the Russian Federation, the 25th St. Petersburg International Economic Forum (SPIEF) will be held from June 18 to 21, 2025. Recognized as a premier global platform for economic dialogue, this year’s forum places special emphasis on enhancing cooperation within the BRICS alliance, which is increasingly viewed as a key driver of the global economy.

BRICS at the Center of the Forum

This year, SPIEF will host a dedicated strategic session focused on expanding BRICS collaboration. Topics under discussion include:

  • Development of new settlement mechanisms using national currencies;

  • Technological cooperation projects among BRICS countries;

  • Establishment of alternative development finance institutions;

  • Strengthening the role of BRICS+ in shaping a multipolar economic system.

Key Themes of SPIEF 2025

  • The emergence of a multipolar economic order with BRICS+ as a core component;

  • Technological sovereignty and digital transformation across member states;

  • Sustainable development and the transition to green energy;

  • The creation of new logistics corridors connecting BRICS nations.

Opportunities for Latin America

For many Latin American countries—some of which are being considered as potential BRICS+ members—SPIEF 2025 offers:

  1. Expansion of agricultural trade using the new BRICS payment systems;

  2. Participation in joint infrastructure projects backed by the New Development Bank (NDB);

  3. Engagement in technology partnerships with the bloc’s leading economies.

European Participation

European attendees will be provided with a platform to:

  • Explore cooperation with rapidly growing BRICS economies;

  • Examine alternative frameworks for collaboration that circumvent sanctions;

  • Participate in BRICS-sponsored projects in third-party countries.

High-Level Participation Expected

A record number of delegations from BRICS countries is anticipated at SPIEF 2025, including heads of state and economic ministers. A significant focus will be placed on integrating new members into the bloc and advancing the creation of an alternative global economic architecture.

SPIEF 2025 signals a growing shift in the global economic landscape—where emerging alliances like BRICS are increasingly setting the agenda for cooperation, development, and innovation.

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