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Deals signed at Russian Economic Forum to top 15 bln euros - Kremlin aide (Update)

© Sputnik / Alexei Danichev / Go to the mediabankSt. Petersburg International Economic Forum
St. Petersburg International Economic Forum - Sputnik International
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The number of investment deals signed at the International Economic Forum in St. Petersburg exceeds 50 and their total value will top 15 billion euros, presidential economic aide Arkady Dvorkovich said on Sunday.

The number of investment deals signed at the International Economic Forum in St. Petersburg exceeds 50 and their total value will top 15 billion euros, presidential economic aide Arkady Dvorkovich said on Sunday.

"A total number of investment deals exceeds 50," Dvorkovich said. "According to preliminary estimates, the total value of investment deals and agreements, signed during the forum, is 250 billion rubles ($8 billion), including 190 billion rubles ($6 billion) and 5 billion euros, the president talked about on the final plenary session of the forum," he continued.

Beyond that, the presidential aide also said that a number of agreements, which involve a merger and a shares reallocation, were also signed, and cited a deal between Russian energy giant Gazprom and French energy companies on entering Nord Stream and South Stream projects. "A total value of these agreements is about 120 billion rubles ($4 billion)," Dvorkovich said.

"Besides, there are a number of agreements, which include orders for production of various products," he said adding that a value of these agreements is some $6 billion.

"It is not entirely correct to sum all these figures," Dvorkovich said. "But if you still try to draw a total amount of various agreements, that were signed, it exceeds 15 billion euros," he continued.

The 14th International Economic Forum in St. Petersburg was held on June 17-19 in Russia's second largest city and brought together Russian and foreign top politicians and businessmen to discuss major economic issues and the prospects of the world's economic development.

MOSCOW, June 20 (RIA Novosti)

 

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