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SPIEF Day One: Highlights

The initial day of St. Petersburg International Economic Forum kicked off on Thursday, with 10,000 visitors fasten domestic and business leaders during Russia’s biggest mercantile eventuality of a year.

These were a categorical takeaways from day one of a forum.

1. Former French President Sarkozy Wants To Become Russia’s Best Friend

Former French President Nicolas Sarkozy pronounced Russian President Vladimir Putin should make a initial pierce in cancelling a sanctions regime. The Kremlin imposed an counter-sanctions embargo opposite Western food products in 2014 following U.S. and EU sanctions opposite Moscow.

“I trust we need to mislay sanctions. The strongest contingency offer his palm initial … The many absolute side here is Russia and a President Putin,” Sarkozy said, as quoted by a RIA Novosti news agency.

Russia did not seem to acquire a suggestion, with Economic Development Minister Alexei Ulyukayev revelation forum visitors that Russia was already scheming a papers to lengthen a embargo and was not deliberation lifting sanctions.

2. Ban Ki-moon Wants Russia and a West To Talk

In an opening rite speech, UN Secretary-General Ban Ki-moon called for ties to be easy between Russia and a West. “We need to strengthen communication and build bridges, rather than build walls,” he said.

In a talk with a TASS news group before to a forum, a UN Secretary-General pronounced that he believed that Russia and a West would overcome their disagreements. “Only a compromise, dialogue, and a common efforts of a general community, with a appearance of Russia as a pivotal member of this community, can pave a approach forward,” he told TASS.

3. Lukoil Is Gearing to Sell Its European Assets

Russian oil hulk Lukoil is to sell a European assets, association boss Vagit Alekperov announced now during a SPIEF Forum. Lukoil plants in Italy, Romania, Bulgaria and a Netherlands are to be sole as a whole or separately, Alekperov said.

“We have been mostly focusing on a scrutiny and growth of oil and gas fields in new years,” Alekperov told a RBC website. He described a European plants as “not strategic” for a company.

4. Kudrin Is Not Optimistic About a Oil Price

Former Finance Minister and a Chairman of a Center for Strategic Research, Alexei Kudrin, suggested his foresee for tellurian oil prices. Prices are approaching to sojourn flighty in a subsequent 3 years, and would many approaching operation between $40-60 per barrel, Kudrin said.

“We are now in a duration of adaptation, holding into comment new technologies and renewable sources. A new change should start in roughly a subsequent dual years,” a former apportion added.

5. Sergei Lavrov Wants John Kerry to Be More Patient

Russian Foreign Minister Sergei Lavrov pronounced that his US reflection John Kerry should “be some-more patient” per a ongoing fight in Syria.

Lavrov’s difference followed a matter on a US State Department website, that pronounced that Washington’s calm concerning Syria was “not unlimited.”

“I saw a matter and was really surprised. Usually John is a assuage politician, we do not know what happened,” Lavrov said, a RBC news website reported. “We should substantially be reduction desirous and some-more patient- generally given President Obama has regularly pronounced that his administration is posterior a process of vital patience.”

6. Putin Set to Continue Soft Power Offensive In Friday Speech

Russian President Vladimir Putin is to pronounce during a forum tomorrow, Friday, assembly with President of a European Commission Jean-Claude Juncker. He is approaching to use his debate to call for improved family between Russia and a European Union, a Bloomberg news opening reported Thursday.

Article source: http://www.themoscowtimes.com/article/572808.html