09:28 GMT05 August 2021
Listen Live
    Get short URL
    St. Petersburg International Economic Forum 2018 (64)

    ST PETERSBURG (Sputnik) - Russia is trying to develop certain preferential conditions for the development of its digital economy, Russian President Vladimir Putin said Friday.

    "Digitization and digital transformation — not only in petrochemistry, energy — is one of the priorities, but in general, we want to work more actively in this direction, to conduct digitization of the economy in general, including in the energy sector. Support measures are of a general nature, but we are trying to develop a certain preferential regime for the development of the digital economy. The whole set is built, I think it will be improved further," Putin said at the St. Petersburg International Economic Forum (SPIEF).

    He noted that Russian companies specializing in the field of electric power industry are effectively working to solve these problems.

    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. Rossiya Segodnya International Information Agency is the official media partner of the forum.

    St. Petersburg International Economic Forum 2018 (64)


    Blockchain System Can Minimize Transaction Costs in Energy Sector - Expert
    Russian Blockchain Developers Best of the Best in the World - Analyst
    Despite Ditching Int'l Cryptocurrencies China Seeks Leadership in Blockchain
    Checking Banking Fraud: India Gets First Blockchain-Based Trade Finance Network
    Blockchain Set to Revolutionize Energy Industry, Improve Cleantech - Experts
    Russia, Vladimir Putin, SPIEF-2018, digital economy, investment, development, environment
    Community standardsDiscussion