President Vladimir Putin has lauded the agreement to import Russian vodka to South Africa as a significant step, suggesting it could lead to broader trade opportunities. Speaking at the St. Petersburg International Economic Forum (SPIEF) on June 20, Putin humorously remarked that vodka consumption necessitates accompanying food, implying potential for increased exports of meat and grain products.

Beyond vodka, Putin emphasized Russia’s leading role in global wheat supply and its plans to establish a grain supply hub with Bahrain, noting interest from various Arab nations.

He also highlighted Russia’s strengths in the energy sector, particularly nuclear energy, mentioning that Rosatom is currently constructing 22 power units worldwide, surpassing competitors from the United States and Japan. Putin indicated the potential for collaborative projects with partner countries, including South Africa, in the energy sector.

The remarks were made during a plenary session at SPIEF, which is taking place from June 18-21. The forum’s central theme revolves around the importance of shared values in fostering growth within a multipolar global landscape. The event has gathered approximately 20,000 representatives from 140 countries and territories.