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Russia attracts just $11 billion at Sochi forum as numbers fall

  • 6 Oct 09:09

Russian companies and government authorities concluded 215 agreements totaling 704 billion rubles ($11.3 billion) during the 2016 Sochi International Investment Forum. This was announced by Russian Deputy Prime Minister Dmitry Kozak, who oversees the event, after its closure, the TASS news agency hasreported(in Russian). According to Kozak, the event on Russia’s Black Sea coast was attended by more than 4,000 professionals from 43 countries. However, as experts point out, the forum in Sochi has lost its former popularity over the last year. Fewer visitors, fewer contracts Although Kozak regarded the most recent Sochi investment forum as quite successful,. Read more...