The SPIEF has been held since 1997. Since 2006, he has been under the patronage of the President. The XXIX forum takes place in Expoforum, a venue for up to 30,000 people. In 2025, the forum hosted 24,200 participants from 144 countries, 1,084 agreements worth 6.48 trillion rubles were signed. A comparable scale is expected in 2026.
Agenda important for foreign economic activity
The EAEU–ASEAN business dialogues are the first in this format. Indonesia, which joined the BRICS in 2025, is present at the highest level. Negotiations with China, India, and the UAE are taking place in parallel in the format of bilateral meetings.
A separate unit is the tax services of the BRICS countries. This is not an abstract session.: We are talking about cooperation between the Federal Tax Service of Russia and its counterparts in China, India, and Brazil on data exchange, document recognition, and double taxation settlement. For foreign economic activity companies, this has a direct impact on the design of export operations.
The guest country, Saudi Arabia, is deploying a national stand in honor of the 100th anniversary of diplomatic relations with Russia. This is a signal: Russia is actively developing the Arab direction after the Hormuz crisis.
Why 6.5 trillion rubles is not just a number
SPIEF is traditionally a platform for signing agreements that have been prepared for months. Infrastructure, logistics, energy, and technology transactions. In 2026, against the background of the opening of Hormuz, the truce with Iran and the activation of the BRICS, several major bilateral documents on trade corridors are expected.
For business, SPIEF is not just a ceremony: This is a meeting place with partners from China, India, the UAE, and Kazakhstan. Companies that want to build new supply chains or find financing for export projects use the forum as an entry point.
What to track based on the results of June 3-6
The results of the EAEU-ASEAN business dialogues are a potential basis for new logistics agreements. The results of the negotiations with India — the next round of the FTA is scheduled for June. BRICS tax Cooperation agreements — impact on settlement schemes and document flow.
