Japanese Foreign Ministry officially announced Putin's visit on December 15-16Russian Politics & Diplomacy December 08, 7:04
Putin to meet with head of Eurasian Economic CommissionRussian Politics & Diplomacy December 08, 6:22
Russian envoy says relations with NATO started deteriorating long before Ukrainian crisisWorld December 08, 4:55
Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
Lavrov confirms to Kerry Russia backs US proposal on Aleppo from December 2Russian Politics & Diplomacy December 07, 23:57
ST. PETERSBURG, June 16. /TASS/. Italian companies participating in the St. Petersburg International Economic Forum (SPIEF-2016) that opened on Thursday have signed deals and memorandums of intent worth 1.4 billion euros with Russian partners, the Conoscere Eurasia Association, a partner of the forum’s organizers, reported.
"On the first day of the SPIEF, a whole package of agreements was signed between Italian and Russian companies with regard to various sectors of the economy - construction, the crediting of start-up businesses, technologies, designing and cooperation in the implementation of infrastructural projects," the association said in a statement.
The total sum of the agreements and memorandums of intent that were signed has reached 1.4 billion euros, the statement said.
Italy is a guest country of the 20th jubilee SPIEF. An Italian pavilion is working on the forum’s site to feature products in five production sectors presenting the greatest interest for the Russian economy at present: mechanics and high technologies, power engineering, agribusiness and finances.
The forum involves the participation of major Italian companies, including Leonardo-Finmeccanica Group, bank Intesa Sanpaolo, tyre producer LLC Pirelli Tyre Russia, energy companies Enel and Eni, and also Danieli, the supplier of equipment and installations for the metal-working industry.
Italian Prime Minister Matteo Renzi is expected to speak on Friday at a SPIEF plenary session titled: "On the Threshold of New Economic Reality."