Russia stands ready to seize new opportunities while driving technological leadership and financial strength on the global stage. Vladimir Putin addressed participants, organizers, and guests at the XXVI St. Petersburg International Economic Forum, outlining a clear vision for the nation’s path forward.
He praised Russian business for its active role amid changing economic realities and thanked the leaders and teams across companies and institutions for their resilience in the face of sanctions. The president’s remarks celebrated enterprise teams that have worked hard to adapt and continue contributing to the country’s growth under challenging conditions.
At the forum, Putin unveiled a guiding principle for the event: sovereign development as a cornerstone of a fair and stable world. He called for collaborative efforts across sectors to secure a prosperous future for upcoming generations, signaling a broad, long-term agenda for the country’s economic strategy.
Revitalizing the labor market emerged as a priority in his address. He stressed the importance of stronger state and business partnerships to introduce lean manufacturing practices and to modernize industrial enterprises. The aim is to raise productivity, improve competitiveness, and accelerate the adoption of advanced technologies across the economy. This approach reflects a broader push toward structural reforms that support domestic innovation, investment, and sustainable growth.
Officials and business leaders present at the forum are urged to align on practical steps that accelerate modernization while ensuring social stability and employment opportunities. The emphasis on lean processes, digitalization, and workforce development points to a coordinated effort to transform production systems and supply chains. As discussions unfold, participants are expected to share best practices, invest in human capital, and build resilient industries capable of withstanding global shocks.
Analysts note that the forum functions as a platform for signaling policy direction and mobilizing private capital toward large-scale modernization projects. By highlighting sovereign development as a common objective, the leadership signals a readiness to pursue strategic investments, streamline regulatory environments, and foster international cooperation in key sectors. The conversation also underscores the need for transparent governance, incentive alignment, and measurable results in the years ahead. [CITATION: Kremlin press service]
In the broader context, the forum emphasizes a balanced approach to growth that strengthens domestic capabilities while maintaining constructive engagement with international partners. Stakeholders anticipate bold announcements, concrete commitments, and clear milestones that translate strategic intent into tangible outcomes for workers, entrepreneurs, and communities across Russia. [CITATION: Forum organizers]