ST. PETERSBURG (Sputnik) — SPIEF, held in Russia's second largest city of St. Petersburg between Thursday and Saturday, is a major global platform for business representatives, where crucial economic issues are discussed. Sputnik is an official media partner of SPIEF.
"I ask you and I appeal to the US side: help both the newly elected president and the new administration," Putin said at a St. Petersburg International Economic Forum (SPIEF) discussion on bilateral sides.
The St. Petersburg forum will traditionally host a series of sessions of BRICS and Business 20 on trade and investments, a summit of energy company CEOs, business dialogue workshops, Eurasian Economic Community — India and IT business lunches.
"Our economic cooperation with the US is balanced, diversified and technologically rich. Whatever there is, it is in good condition generally," Putin said.
Whatever remains of Russian-US economic cooperation is in a generally good state, Russian President Vladimir Putin added.
"Our economic cooperation with the US is balanced, diversified and technologically rich. Whatever there is, it is in good condition generally," Putin stated.
During the three days of sessions and roundtables, the participants will focus on global economic dynamics, Russia's economic roadmap, new technologies, human resources as a key element of economic and social growth, and on future development.
Curtailing of Russia-US economic contacts can satisfy neither Russian nor US businesses, Russian President Vladimir Putin also stated.
"I think if we think sensibly, pragmatically, such situation when mutually beneficial economic contacts are curtailed can satisfy neither Russian nor US businesses … If you look at all missed opportunities and lost profits, to analyze, then you’ll reach a conclusion that this is very damaging for everyone," Putin said.