"Common issues [were discussed at the meeting]. Basically, it was about sanctions, about the law that was passed and the law which is now being fixed on the part of responsibility… The president told them about it, and [head of the Russian Union of Industrialists and Entrepreneurs Alexander] Shokhin later explained that the problem had been settled," the participant said.
The second thing that worried investors is the use of special interest contracts, he added.
US businessmen behaved in a very correct manner at the meeting with Putin and were interested in industry issues, the source added.
"They discussed the development of special investment contracts, the implementation of the law on the consequences of the implementation of Western sanctions in Russia — everything that the business is worried about," Siluanov told reporters on the sidelines of the St. Petersburg International Economic Forum.
Siluanov also clarified that the issue concerns the framework law on Russia's counter-sanctions, which has already been passed by the State Duma, as well as the bill on the responsibility for implementing anti-Russian sanctions on the territory of the Russian Federation, which is being revised prior to the second reading in the lower house of the Russian parliament.
SPIEF, held annually in Russia's second largest city of St. Petersburg, is a major global platform for communication between business representatives and the discussion of crucial economic issues. The event started on Thursday and will continue through Saturday.