Russian President Vladimir Putin will give assessments to the situation in global policy and economy when speaking at the plenary session of the 25th St. Petersburg International Economic Forum (SPIEF), aide to the Russian President Yury Ushakov told reporters.

"It is anticipated that the President will give assessments to the current situation in the global economy and policy. Certainly, the case in point will be problems currently faced by the world’s economy at large, unfair competition among states, trade and financial wars, sanctions, restrictions, and so on," he said.

"The President will share his assessment of multipolar economic model forming and will give the assessment to opportunities and prospects opening this process for players of the entire global market," Ushakov noted.

The greater portion of the President’s speech will be dedicated to further economic development of the country, the Kremlin spokesman said. "The President will dedicate a significant part of his statement to tasks Russia faces at present and will face tomorrow - tasks of supporting further economic development of the country, stimulating domestic business activity, creating conditions for comfortable doing business and strengthening external trade and investment ties," Ushakov added. 

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