Vladimir Putin’s investment forum failed to attract western companies


Vladimir Putin failed to attract western companies at a St. Petersburg economy conference this week. Even Russian allies send officials and entrepreneurs below, outside Indonesia, whose president has been on.

Many close relatives of primary Kremlin officials are one of the participants in the event event this week. The conference comes after years of conflict and severe western western sanctions hit by Russian economy.

“No one is mentioned about any investments, because how much do you invest in Russia in this climate – war, discretion, slow progress?” Alexandra Prokopenko said, a colleague of the Carnegie Russia Eurasia Center in Berlin. “The main point of the forum is to show Putin that the economy is not troubling and that everyone has a lot of businesses like usual.”

Putin was set to appear on the forum Friday, which television states a great language about international activity and “that blame for what happened today”.

He was with the President of Indonesia, Prake Olianto, Chinese first ranked Vice-Premier Ding Xuexiang, Sheikh Nam Khalfa, the third line of the chief Paul Paul Paul.

Visitors look at an exhibition on the stages of St. Petersburg International Economic Forum
Expectations of an improvement appears to prevents many Russian business leaders from speaking © dmitri Lovetsky / AP

The line-up is the most famous group of world leaders who attracted the conference from the war, because widespread invasion of Ukraine and fears the westies of the western aliants of Russia to remove.

Pravabow in particular vows to strengthen Russia’s relationship even as other foreign powers of foreigners who avoid Putin after advancing. As the Minister of Defense, he draws Russia as a “great friend” on his most recent country trip in July 2024 and skipped G7 Summit in Canada this week to attend the conference. He was scheduled to meet with Putin on Thursday.

Since Praketo takes office last year, Indonesia has conducted it first equal naval exercises With Moscow and agreed to participate in the gathering of brics developing Chinese and Russian-headed countries.

In 2023, Pragito suggested a peace plan for Ukraine that includes suggestions for a demilitarized zone and a referendum of “different faced areas”. Proposal gets severe criticism from Kyiv, with no disputes of territories, rather regions in southeastern Ukraine are under the Russian work.

Evan Laksmana, from the International Institute for strategic studies, says Russia can still benefit from growing relationships in Indonesia.

“From a political perspective, Russia obtained the benefit not a priest in South-East Asia,” Laksmana said. “Indonesia has given the largest country in South-East Asia, it is a major political principle for Russia to show that it is not alone.”

Vladimir Putin shook hands to Subianto in Indonesia at a Meeting Kremlin
The Subian of Indonesia Subianto promised to strengthen Russia’s relationships even as other foreign power to the chief Vladimir Putin © Maxim Shemeov / Pool / AFP / Getty Images

Instead, Putin’s triumphalist rhetoric, however, belies The multiplication of most officers and economic elites Regarding the future economic prospects such as war flow.

The long borrowing costs intended to change the runaway inflation begins to beat the development of Russian development, while a companion rise in living standards.

Russian upper hand in the battlefield Dimned Putin’s Putin for a peace agreement in Ukraine, which hope of an end to the western regime appears.

Although the Kremlin claims interested from western investors who want to return to Russia if the penalties are elevated, the officers admitted Wednesday without any formal attempts to return.

“We haven’t seen any requests from companies left for today,” Deputy Finandin Menter Miniseko Ivan Chebeskov tells news of RBC news. “When we talk about the exit deals, there are dosenes” in the requests a month, Chebeskov increases, even if the Western companies exodes declined last year.

Putin, showing little interest in agreeing to a Bruka peace in the US in Ukraine, showed the change in his views on the subject last month When he supported a push to stop returning western companies from the purchase of their alternatives to ersatz.

“Our handling can handle the most difficult challenges of importing information,” First Deputy chief Minister Minister Denis Manturov on Wednesday. Western companies “have to do something to get the first sanctions”, he added. “Then let them go and talk to us.”

Expectations of an improvement appear to prevent many Russian business leaders from speaking. Only six of the 50 richest people were revealed, according to the official program. Igor Sechin by Rosneft and Gazprom Alexei Miller, the principal Russian executives owned by the Russian-owned energy, nothing.

The forum should be a showcase for the family of leading Russian officers. Maria Vorontssova and Katerina Tikhonova, Putin’s daughters with his wife Lyudmila, speaking of the sessions on Wednesday, while Alexander Vainday, Alexander Veaaino, the 25-year-old son of the President, speaking four panels.

A session devoted to federations with federations had children of the highest partner with Putin and the daughter-in-law of foreign minister Lavrov – but only two athletes.

Although the revisions from Russian princesses indicate a hunger with other speakers, the forum program explains family relationships today.

A VIP High-Speed ​​Train from Moscow offers guests a nine-course food served with wine from a palace said used for Putin’s use. A conference stand shows 11 fathers in Soviet State Honors. State Media posted the video what said long lines for free-shirts embedded in Pithy Quotes from Putin and Lavrov.

“It’s only the same old trip to the circus,” Prokopenko, an official Central Bank official, as. “The main thing is for Putin to be happy with it.”



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