Russian President to meet heads of over 40 global corporations at SPIEF-2016

TASS, 14.06.2016

Russian President Vladimir Putin will meet heads of more than 40 global corporations "on the sidelines" of the St. Petersburg International Economic Forum (SPIEF-2016), Presidential aide Yuri Ushakov said Tuesday.

"A traditional meeting with heads of biggest foreign companies and business associations will be held. Heads of more than 40 corporations from Europe, the United States, Canada, China and other Asian countries as well as heads of leading global associations such as BRICS and SCO business forums have been invited. Particularly, heads of such companies as BP, Siemens, Caterpillar Financial, Alibaba will attend the meeting," he said.

According to Ushakov, President will tell the participants of the meeting about the state of the Russian economy, dwell upon the prospects of its development and the measures aimed at improving the country’s business climate and reducing the administrative and tax burden on business.

On June 16, Putin will hold a working dinner with representatives of the international investment community organized by the Russian Direct Investment Fund (RDIF), Presidential aide said. Representatives of investment funds from 18 countries, with a total of $10 trillion under their management, will attend the dinner. President Putin plans to open the meeting by a welcome address, which will be followed by a discussion of pressing issues moderated by the President of the Russian Union of Industrialists and Entrepreneurs (RSPP) Alexander Shokhin while businessmen will be able to ask President Putin any questions they like.