Minister of International Cooperation Dr. Rania Al-Mashat will be attending the 24th St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, from June 2 to June 5 to participate in bilateral meetings, plenary sessions and high-level discussions.
For the last 24 years, the SPIEF, held since 1997 and 2006, has been a leading global platform for the business community to discuss economic challenges faced by emerging markets, and other countries.
This year, SPIEF is bringing together government representatives, heads of state, business leaders, and the creative community to create a dialogue around the way forward, and to formulate common objectives under the central theme “A Collective Reckoning of the New Global Economic Reality.”
As a keynote speaker, Al-Mashat will be taking part in a panel discussion titled “World Fairs and International Cooperation as a Driver of Sustainable Global Development” to discuss globalization, technology, and Egypt’s progress in sustainable development.
Last year, Egypt was singled out and celebrated for its sound policy choices and partnerships that supported economic growth, despite the challenges posed by the COVID-19 pandemic.
In accordance with the theme posed by SPIEF that emphasizes a new global economic reality, the world order has shifted to embrace global cooperation and multilateralism.
In another panel on Russian-African relations, Al-Mashat will discuss business opportunities, economic partnerships, trade, and cooperation strategies in Africa.
Held in October 2019 in Sochi, Russia, the first Russian-African Summit and Economic Forum was co-chaired by the Russian President Vladimir Putin and the Egyptian President Abdel Fattah El-Sisi, acting chair of the African Union at the time.