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Putin hosts economic forum as Ukraine war rages

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Kyle McKinnon
June 4, 2026

The annual St. Petersburg International Economic Forum is meant to bring together potential investors in the Russian economy. The EU and the UK are bypassing the event, but the United States has sent a delegation.

Russia's St. Petersburg International Economic Forum aims to showcase the country as a global investment hub, but European participation remains limited following the 2022 invasion of Ukraine.

Officials highlight attendees from other regions while promoting a "multipolar world" narrative.

The event was overshadowed by Ukrainian drone strikes on key infrastructure in the city, underlining the ongoing war and its impact on Russia's economy and international standing.

Kyle McKinnon x
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