Economic Recovery to Be Focus of St. Petersburg Forum

Economic Recovery to Be Focus of St. Petersburg Forum

Published: June 11, 2013 (Issue # 1763)

Russia’s main interest in the 13th International Economic Forum to be held in St. Petersburg at the end of June is to find out where the world economy is heading, said Sergei Belyakov, deputy head of the Economic Development Ministry.

“This forum is to be held in Russia but it is an international event,” he said Thursday. “We are interested in finding out which direction world economic thought is oriented toward, what are the global trends and whether we are tuned in to them.”

This year the forum’s motto is “Finding resolve to build the new global economy.” It will address pressing issues affecting the world today such as the global crisis and the means to ensure economic recovery, RIA-Novosti reported.

More than 5,000 participants are awaited at the 2013 forum and it is expected to be more high profile than the one held last year with people responsible for making top decisions scheduled to arrive, the head of Economic Development Ministry, Andrei Belousov, told Vesti 24 television channel.

He said that German Chancellor Angela Merkel has already confirmed her presence at the forum. Also, the CEOs of top companies are expected to attend.

Last year the forum’s focused on effective leadership. More than 5,000 people attended the event. Eighty-four agreements worth a total of 360 billion rubles ($11 billion) were signed.

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