St. Petersburg International Economic Forum and Boao Forum for Asia Sign a Memorandum of Cooperation

St. Petersburg International Economic Forum Foundation and the non-governmental non-profit international organization Boao Forum for Asia signed a Memorandum of Cooperation in Boao (People’s Republic of China) on 28 March 2015. The signing ceremony was held within the framework of the Boao Forum.

The document was signed by Sergey Belyakov, Chairman of the Board of St. Petersburg International Economic Forum Foundation, and Wu Jun, Executive Director of Boao Forum for Asia, in the presence of Zhou Wenzhong, Secretary General of Boao Forum for Asia. Sergey Katyrin, Board Member of Boao Forum for Asia, President of the Chamber of Commerce and Industry of the Russian Federation, Chairman of the Russian part of the BRICS and SCO Business Councils, was moderator of the ceremony.

Sergey Belyakov, Chairman of the Board of SPIEF Foundation, said “Russia is very interested in developing co-operation with the Asia-Pacific region. For this purpose, we are developing relations between state and business. The Boao Forum for Asia is the biggest in the region and one of the most representative in the world. By participating in the Boao Forum and co-operating with we gain a great opportunity for understanding Asia better and expanding our potential for economic collaboration. The Forum agenda and the expertise of its participants are relevant for us and, therefore, in demand. I am convinced that co-operation between SPIEF and the Boao Forum as well as entry and presence of SPIEF in the Asia-Pacific region as a result of this co-operation will not only improve the quality of SPIEF and the Boao Forum, but also contribute to development of relations between the Russian economy, China and other Asia-Pacific states.”

“China and Russia are two big countries with good relationship. BFA is based China, aimed at promoting regional economic integration; Russia is an import part of Asia, therefore it is of strategic importance for BFA and SPIEF to establish cooperation. The signing of MOU today is only a starting point, together we will be able to contribute more and better for the development of the region. We will look forward to seeing you in St. Petersburg in near future”, said Mr. Zhou Wenzhong, Secretary General, Boao Forum for Asia.


The St. Petersburg International Economic Forum is an international economic and business event that annually brings together more than 7,000 representatives of political and business communities, leading scientists, community leaders and media representatives from around the globe to discuss the key challenges that Russia and the international community need to address. The next SPIEF will be held on 18–20 June under the slogan “Time to Act: Shared Paths to Stability and Growth”. The SPIEF 2015 programme will be built around four main topics: Global Economy: New Challenges and Shifting Horizons, Russia: Seizing the Opportunities, Human Capital and Talent Development, Disruptors: Trends and Technologies.

Boao Forum for Asia is an international forum that brings together representatives of governments, business and research communities of Asia and other continents to address the economic progress of Asia and the world. The mission of the forum is to promote regional economic integration of Asian countries.