Foreign Companies Interest in Engaging in Russian Projects 'Obvious'

© Sputnik / Alexei Danichev / Go to the mediabankPreparations for opening of St Petersburg International Economic Forum
Preparations for opening of St Petersburg International Economic Forum - Sputnik International
Foreign companies are interested to participate in major Russian projects despite geopolitical tensions, including Western sanction policy against Moscow, the head of Russia's railroad monopoly Russian Railways said Saturday following the participation in St. Petersburg International Economic Forum.

ST. PETERSBURG (Sputnik) — Many foreign companies are concerned over the United States' pressure on the EU countries, Vladimir Yakunin said in his blog.

"I can say that such a high degree of business activity, as well as of foreign interest in Russia generally reflects the views and attitudes of businesses in the current economic and political situation. Despite sanctions, [foreign companies'] interests and hopes to engage in the Russian projects are obvious."

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Yakunin, who were present at the annual St. Petersburg International Economic Forum (SPIEF), which is underway in Russia, drew attention to the fact that the event has attracted more visitors this year than in 2014.

The rank of the participants is also remarkable, he added, recalling that many CEOs, including foreign ones, were present at the forum.

Earlier this week, Deputy Russian Foreign Minister Vasily Nebeznya said that the interest of investors in the Russian economy was not weakened by the geopolitical tensions.

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