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Putin seeks to attract investors

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June 5, 2026

Vladimir Putin is using the St. Petersburg International Economic Forum to show the country remains open for business. Delegates from 130 countries are attending, but the war in Ukraine remains an unavoidable backdrop.

The International Economic Forum in St. Petersburg highlights Russia’s effort to attract global partners despite ongoing sanctions and geopolitical tensions following its 2022 invasion of Ukraine.

President Vladimir Putin is showcasing a shift in Russia’s trade strategy, with exports increasingly directed toward Asia, as traditional economic ties with the European Union continue to decline sharply. China now leads as Russia’s top trading partner, followed by India and Turkey, while the EU’s share has dropped drastically.
 

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.

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