Petersburg Economic Forum defines directions of integration into international community

The Petersburg Economic Forum, which completed its work on Friday, has determined the most rational trends in the joint integration of the countries of the Commonwealth of Independent States (CIS) into the international economic community with the help of the World Trade Organisation and other international, including financial, organisations. This was stated by Speaker of the Russian Federation Council and chairman of the organising committee of the Petersburg Economic Forum Sergei Mironov.

Addressing a closing session of the Forum, he said that the main task of Russia's and the CIS countries' integration into the international economic community is to raise the competitiveness of their national economies, to carry out structural reforms and to create in our countries the states based on the rule of law and civil societies.

The Petersburg Economic Forum, according to Sergei Mironov, has contributed to the increase in the investment attractiveness of Russia and to the attraction into it of real capital investments.

According to the information of the president of the European Bank for Reconstruction and Development, Jean Lemierre, this year the European Bank intends to attract investments to Russia to a value of one billion dollars.

In the context of this forum, a number of investment contracts to the sum of more than 200 million dollars have been signed between Russia and the Czech Republic.