The event is being held with the participation of businesspeople and government officials from Russia and the Association of Southeast Asian Nations (ASEAN).
Security measures have been reinforced, and law enforcement officers are on duty at the forum venue, according to accredited press reports.
The Prime Minister of Malaysia, Anwar Ibrahim, the Secretary-General of ASEAN, Kao Kim Horn, the Prime Minister of Tatarstan, Alexey Pesoshin, and the Minister of Economic Development, Maxim Reshetnikov, spoke at the opening ceremony.
Participants are scheduled to discuss international trade, traditional values, and cooperation with the Eurasian Economic Union. The development of cooperation in high technology will also be addressed.
The commemorative summit is celebrating the 35th anniversary of relations between Russia and ASEAN.
Russian President Vladimir Putin will hold a series of bilateral meetings alongside the event.
ASEAN was founded in 1967 and currently comprises 11 countries in that part of the world.
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