Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia, Saudi Arabia Ink Historic Nuclear Energy Deal
18.06.2015 17:42
Russia, Saudi Arabia Ink Historic Nuclear Energy Deal
Photo Credit:

Russia and Saudi Arabia signed an historic deal on cooperation in nuclear energy, says RIA-NOVOSTI news agency.

      The agreement was inked at the St Petersburg International Economic Forum that opened in Russia’s northern capital Thursday amid prospects of economic turnaround and eased stance by the West.

      SPIEF 2015 is expecting a higher turnout this year after reports that the Obama administration decided not to ban its multinationals from taking part in the event.

      According to The Financial Times, the 19th conference will feature AT Kearney, Boston Consulting Group, PwC Ernst & Young, Shell and BP as well as Europe’s giants Societe General, Total, Schlumberger, JCDecaux, Metro and Carlsberg.

      “There will be more foreign guest than last year. To date, 698 foreigners confirmed their participation versus 590 in 2014. We are expecting 383 companies to be present at the forum while last year saw only 337, said Sergey Belyakov, head of the foundation that supervises the biggest Russian economic conference. He also confirmed there will 173 CEOs versus 152 in 2014.

      Last year, the St Petersburg International Economic forum generated 269 billion roubles in deals in spite of the pressure from Washington on participants.

      According to the Economic Development Ministry, more than 130 contracts and memoranda were signed at the event which featured around 6,500 high-profile guests from across the world.

      Business leaders, investment gurus and government officials came together to discuss ways to strengthen confidence in turbulent times.

      Some of the key participants refused to arrive, including heads of Boeing, International Paper, Goldman Sachs, ConocoPhillips, Siemens and others due to political pressure from the US amid the tension over the Ukraine crisis.



Author: Mikhail Vesely


Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

GMO  Russian parliament  Sheremetyevo  Russian Fairy Tales  Books  Andrei Kharitonov  Russian economy  Spartak Moscow  Mercedes-Benz Fashion Week Russia  Rusian international  Schengen visa  Festival "Parts of the World"  Russian business  Russian cities  Russian tourism  Irkutsk  Alena Akhmadullina  Russian scientists  World Festival of Youth and Students  Jazz  Concerts in St. Petersburg  Arkhyz   Exhibitions in Moscow  Concerts in Moscow  Russian opposition activists  Russia Today  embezzlement case  Russian Metro  Elections 2012  Central Bank  Vasily Rozhdestvensky  Peterhof  Moscow Theatres  Leonid Andreyev  Russian festivals  Russian science  Skolkovo  Stage Design  Russian regions  Polyot   St. Petersburg  film awards  Russian politics  Moscow  Nicholas II  Russia-Italy  Tatarstan  Russian Cinema  Semyon Dezhnyov  Vyacheslav Chebotar 

Travel Blogs
Top Traveling Sites