‘Isolated’ Russia welcomes investment funds worth over $13 trillion at St. Petersburg forum

Foreign investors who are expected to participate at the St. Petersburg International Economic Forum this week will discuss with President Vladimir Putin the “unjustified” assumptions about isolating Russia.

According to the head of the Russian Direct Investment Fund, Kirill Dmitriev, about 40 leaders of the world’s largest investment funds from 20 countries with total assets of over $13.5 trillion will participate in the forum. This is a record for such meetings, Dmitriev explained.

“Foreign guests will discuss with President Putin that Russia has a good macroeconomic position and that they have benefited from investing in the Russian economy,” he said, adding that “all assumptions that the Russian economy will be isolated were not justified.”

source: https://www.rt.com/business/427333-russia-investments-sanctions-forum/

Author: Rayan M

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