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The head of the Russian Direct Investment Fund confirmed that the St. Petersburg Economic Forum brings together sovereign nations willing to advance their economies and work towards building strategic partnerships, with participation from over 130 countries. He explained that the forum highlights the role of developing countries that are strengthening their economic power and coordinating with Russia, while Europe is currently suffering from the consequences of its reliance on Russian energy, having lost approximately 3 trillion euros as a result of severing its ties to Russian energy supplies.
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