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Russia’s Top Business Forum Begins in St Petersburg

  • 7 Jun 09:12

One of the most important business events of the year in Russia and the country’s equivalent of the Davos Forum begins on Thursday, with authorities keen on attracting investment in the world’s largest country,AFPreports. The St Petersburg International Economic Forum (SPIEF), held in president Vladimir Putin’s hometown, is Russia’s biggest, oldest, and arguably best-known gathering for global investors. This year, the event is organized against the backdrop of concerns about Russia’s willingness to protect foreign investors, continuing Western sanctions, and Kremlin efforts to woo China. U.S. officials and top business leadersare staying. Read more...