05-06-2019 11:33 AM
Agency of the orbit -
The 23rd edition of the Petersburg International Economic Forum will kick off on Thursday, amid expectations that challenges facing the global economy, especially trade wars, will overshadow the forum.
The forum is a unique international event in the world of economy and business, where leaders of political and economic forces meet annually and are attended by Russian President Vladimir Putin and this year is attended by Chinese President Xi Jinping, whose country is engaged in a trade war with Washington.
The Forum will be held from June 6 to 8, during which participants will discuss four main themes: the stability of the global economy, the achievement of the development goals of the Russian economy, modern technology, and the role of man in the economic process.
According to the Kremlin website, President Putin will participate in the forum on Thursday and Friday, where he is expected to address the plenary session of the forum, which carries the slogan 'Development of a stable development agenda'.
Also participating in the forum are a large number of ministers and businessmen from Arab countries, led by Saudi Energy Minister Khalid Al-Falih, Qatar's Foreign Minister Mohammed bin Abdul Rahman Al-Thani, and the heads of major investment funds in the world, who manage billions of assets.
The Forum is a platform to attract foreign investments to the Russian economy, where the year is the conclusion of several agreements and deals and memorandums of understanding between the world's largest economic and financial institutions, and the outcome of last year was the conclusion of 550 agreements more than $ 38 billion.