Vladimir Putin has begun talks with President of Indonesia Prabowo Subianto, who is in Russia on an official visit, at the Constantine Palace in Strelna

See more on the Kremlin’s official website.

The plenary session of the 28th St Petersburg International Economic Forum is now underway

This year's theme is "Shared Values: the Foundation of Growth in a Multipolar World."

Along with Vladimir Putin, the event will be attended by:

🇮🇩President of Indonesia Prabowo Subianto;

🇧🇭 Personal Representative of His Majesty the King of Bahrain for Philanthropy and Youth Affairs, President of the Supreme Council for Youth and Sport, National Security Advisor, Commander of the Royal Guard of the Kingdom of Bahrain, and head of the Bahraini delegation at the 28th St Petersburg International Economic Forum Nasser bin Hamad Al Khalifa;

🇨🇳Member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, Vice Premier of the State Council of the People's Republic of China Ding Xuexiang;

🇿🇦Deputy President of South Africa Paul Mashatile.

The discussion is moderated by journalist, general manager and presenter of the Sky News Arabia channel Nadim Daoud Koteich.

See more on the Kremlin’s official website.

"The idea of the Russian economy being completely commodity-based and dependent on the exports of hydrocarbons is evidently outdated, it is becoming a thing of the past"

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"Our current task is to make sure our economy is on a trend of balanced growth. This balanced growth implies moderate inflation, as well as low unemployment rate"

See more on the Kremlin’s official website.