US Administration to Attend St. Petersburg Economic Forum - Russian Embassy

© Sputnik / Maksim Blinov / Go to the mediabankThe logo of the St. Petersburg International Economic Forum. (File)
The logo of the St. Petersburg International Economic Forum. (File) - Sputnik International
Subscribe
Denis Gonchar, the minister-counselor of the Russian Embassy in the United States, said on Monday that members of the Trump administration will take part in the upcoming St. Petersburg International Economic Forum (SPIEF) and that no pressure was put on American companies wishing to attend the event.

WASHINGTON (Sputnik) — Representatives of the US administration will participate in the upcoming St. Petersburg International Economic Forum (SPIEF) next week, Gonchar told Sputnik.

"As far as we know, the US administration will be represented at the forum in St. Petersburg," Gonchar said.

Gonchar also said that the current US administration puts no pressure on American companies wishing to take part in the event.

"We have not heard about "administrative pressure" on US businesses [this year], which used to be practiced by the former US administration regarding their own entrepreneurs in the context of the SPIEF," Gonchar said.

The logo of the St. Petersburg International Economic Forum. (File) - Sputnik International
World
China to Send High-Level Delegation to Russia's SPIEF 2017 Forum - Ministry
Last year, a State Department official told Sputnik that the US government decided not to send any representatives to the SPIEF, but also cautioned American companies against attending or working with the Russian authorities.

State Department spokesperson John Kirby then said that the US businesses participating in the SPIEF were sending a poor message about accepting Russia’s actions, and that the US government has communicated its Russia policy to the American business community.

Nevertheless, some 60 representatives of US corporations, including Exxon, Google, Boeing, and Citigroup, attended the forum in 2016, according to Gonchar.

Relations between Russia and the United States deteriorated in 2014, when Washington and its allies accused Moscow of fueling the Ukrainian crisis and imposed several rounds of sanctions. The restrictions targeted Russia's banking, energy and defense sectors.

20th St. Petersburg International Economic Forum. Day One - Sputnik International
Russian President Putin and Other World Leaders to Speak at SPIEF 2017
Moscow has repeatedly refuted Western allegations and warned that imposing sanctions is counterproductive. Russia announced in August 2014 a food embargo on some products originating in states that had imposed restrictive measures on Moscow.

SPIEF is one of Russia's major business and economic events. The 21st annual forum is scheduled to kick off its 3-day run on June 1. So far, ministers from 26 countries have confirmed their participation, while the total number of participants is estimated at over 5,000.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала