Source: Internet

The 16^th St. Petersburg International Economic Forum (SPIEF), which is formally called “Russian Davos” with the theme of ‘Effective Leadership’ officially opened in St. Petersburg on Thursday, June 21 in St. Petersburg.

The St. Petersburg forum brings together politicians, businessmen and financiers from around the world and over 5,000 people from 87 countries are taking part in the forum, also including Vietnamese ambassador to Russia, Pham Xuan Son.

President Vladimir Putin opened the plenary meeting of the International Economic Forum. He was expected to sum up the results of the recent G20 summit in Mexico, analyze the anti-crisis measures being taken by the world nations, and focus on what the Russian government needs to do to kick start the economy, the financial sector and improve the investment climate.

SPIEF 2012 will have three highlights. The session titled ‘Securing the Future’ will hinge on key issues determining global economic development. A series of briefings under the slogan ‘Realizing Russia’s Potential’ will be devoted to analyzing the prospects of the country’s economic modernization, while the third seminar, ‘Responding to Impact Technologies’, will deal with breakthrough technologies and their influence on governments, business and society.

The forum will offer a unique opportunity to meet the renewed Russian government and learn their stand on the next stage of Russian reforms.

The forum will also hold a series of leadership master classes with political and business figureheads, titled ‘Conversations to make a Difference’.

The Energy Summit, one of the key meetings of energy sector influences, will convene on the SPIEF sidelines./.