World Business

Over $6b worth of contracts signed at Russian forum: Medvedev

(Xinhua)
Updated: 2010-06-21 14:58

Russia's President Dmitry Medvedev speaks during the St. Petersburg International Economic forum in St. Petersburg June 18, 2010. [Xinhua/Agencies]

ST. PETERSBURG, Russia - Deals valued at more than $6 billion were signed during the International Economic Forum in St. Petersburg, President Dmitry Medvedev said on Saturday.

"We should be satisfied with the work of the forum that had 4,000 participants, including 700 companies from more than 100 countries," the RIA Novosti news agency quoted Medvedev as saying.

Related readings:  Setting HK's gaze toward Russia and Central Asia  Russia may diversify holdings on dollar, euro fluctuations  China-Russia oil pipeline to start running on Oct 31  Fair focuses on China-Russia trade

Medvedev said the contracts did not include the dozen or so Russian-French deals that were agreed on at the forum but will be signed later.

Medvedev said he hoped the Russian-French contracts could be signed during bilateral talks with French President Nicolas Sarkozy, who is also in St. Petersburg on the sidelines of the forum.

The annual St. Petersburg International Economic Forum ends on Saturday.