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Russian companies actively entering Middle Eastern markets — RDIF chief

"Cooperation with investor countries in the Global South is in the focus of a local point," Kirill Dmitriev said

ST. PETERSBURG, June 18. /TASS/. Russian companies are actively entering the markets of the Middle East, Chief Executive Officer of Russian Direct Investment Fund (RDIF), Special Representative of Russian President for investment and economic cooperation Kirill Dmitriev said in an interview with NTV.

"Cooperation with investor countries in the Global South is in the focus of a local point. <…> We see our partners of the Global South investing actively in Russia. <…> We see the ability of Russian companies to enter foreign markets of the Middle East and Asia. This process is quite active now since many markets of the Middle East and Asia in particular are deciding now which technological solutions to use," he said.

RDIF will announce a new joint fund with one of Asian countries on Thursday, the chief executive added.

The St. Petersburg International Economic Forum (SPIEF) is taking place on June 18-21. This year, the event is held under the theme "Shared Values: The Foundation of Growth in a Multipolar World." The program includes the SME Forum, the Creative Industries Forum, the Day of the Future International Youth Economic Forum, the Drug Security Forum, and the Roscongress Urban Hub discussion platform. As part of the cultural program, the Petersburg Seasons festival will be held, and the SPIEF Sports Games will take place. The Roscongress Foundation is the organizer of the St. Petersburg International Economic Forum. TASS is its information partner.

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