Friday, June 2, 2017

SPIEF-2017 Plenary Session Featuring Russian President Putin's Address (VIDEO)

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    Russian President Vladimir Putin delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017.

    SPIEF-2017 Plenary Session Featuring Russian President Putin's Address (VIDEO)

    © REUTERS/ Grigory Dukor
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    St. Petersburg International Economic Forum 2017 (133)

    The plenary session of the St. Petersburg International Economic Forum (SPIEF) 2017 has kicked off on June 2, with Russian President Vladimir Putin, India's Prime Minister Narendra Modi, Federal Chancellor of Austria Christian Kern and President of the Republic of Moldova Igor Dodon scheduled to take part in the discussion.

    Follow Sputnik's live updates to find out more.

    SPIEF-2017: Plenary Session



    The moderator of this year's plenary session is NBC News anchor Megyn Kelly.
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    • 16:14

      Putin, Modi on Russia-China-India Ties

      Modi said that the world is unipolar no more and states are interdependent.
      He said that India-Russia ties are based on trust.
      Meanwhile, Putin said that Russia, China and India cooperation via BRICS.
    • 16:06

      Disputes Over NATO Will Help Russia Only if Alliance Ceases to Exist - Putin

      Putin was asked whether Russia would benefit from recent disputes over NATO. He joked that Russia would benefit only if the alliance ceases to exist.
      Putin added that NATO is an instrument of US' foreign policy.
      He reitereated that Moscow is concerned over NATO pulling its infrastructure toward Russia's borders.
      The absence of mechanisms of coordination between Russia and NATO is bad and issues such as fight against terrorism should be solved jointly, Putin said.
      Russian President Vladimir Putin delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017.
      © REUTERS/ Grigory Dukor
    • 16:03

      Trump Wants to Weaken EU's Interests in the Big Game - Austrian Chancellor

      The Austrian chancellor said that it has become clear that Trump wants to weaken EU's interests in the "big game."
      He was asked to comment on German Chancellor Angela Merkel's recent statement saying that Europe can no longer wholly rely on the US and NATO.
      He criticized Trump over the decision on the US exit from the Paris climate deal.
      erman Chancellor and head of the Christian Democratic Union (CDU) Angela Merkel speaks during the Trudering festival in Munich, Germany, May 28, 2017

      Merkel Hints Europe Can No Longer Rely on US, Britain


      Following this week's NATO and G7 summits, German Chancellor Angela Merkel said Sunday that Europe "must take its fate into its own hands" as it sees the Western alliance divided by Brexit as well as Trump's reluctance to uphold the 2015 Paris climate accords, local media reported.
    • 15:53

      Putin on US Exit From Paris Climate Accord

      Putin joked that despite the fact that Russia "doesn't feel" the effect of global warming as it has been snowing in Moscow today and raining in St. Petersburg, the Paris climate accord is a "good deal." He continued the joke by saying that Russia should be thankful to Trump as now he could be blamed even for bad weather in Moscow.
      He said that Russia has yet to ratify the agreement, adding that Moscow is waiting for the rules on resource alocation to be formed as part of the deal.
      Putin said that Trump shouldn't have withdrawn the US from the accord as it is of a "framework nature."
      But he said that he won't judge Trump decision as the US president probably believes that the document is not well-thought-out.
      Putin warned against making a fuss over the US exit from the Paris deal and urged to establish conditions for joint work. He added that the agreement comes into force in 2021, adding that there's still time.
      "Don't worry, be happy," he concluded.
      Pope Francis poses with US President Donald Trump (C) his wife Melania (R), Jared Kushner (L) and Ivanka Trump during a private audience at the Vatican, May 24, 2017.

      'Slap in the Face': Vatican Outraged Over US Exit From Paris Climate Deal


      US President Donald Trump deciding to withdraw from the Paris Climate Agreement would be a "slap in the face," a Vatican Pontifical Academy of Sciences official said on Thursday, according to US media reports.
    • 15:44

      Moldovan President Says World Ceased to Be Unipolar

      Moldovan President Igor Dodon said that the world ceased to be unipolar, new centers of power emerge.
      He said that no state should impose its rules and culture on others.
      Dodon slammed Moldova's Agreement on the Association with the EU, saying that it is "enslaving" and only Brussels benefits from it.
      He said that Moldova would build its ties with every interested state which would respect its sovereignty.
      Dodon emphasized that states should not become pawns in a "geopolitical game."
      Signature ceremony of the Association Agreements between the EU and Georgia, Moldova and Ukraine

      Moldova Entering Roadmap With EAEU May Require Scrapping EU Association – Dodon


      Signing a memorandum on cooperation between Moldova and Eurasian Economic Union (EAEU) does not contradict EU Association Agreement, but entering the roadmap with EAEU, which would be the next step, may require a review of the agreement with the bloc, or even its nullification, Moldovan President Igor Dodon said on Monday.
    • 15:35

      Austrian Chancellor Says Claims of Europe's Death Preliminary

      Federal Chancellor of Austria Christian Kern cited a US writer, Mark Twain, as saying that rumors of Europe's death are preliminary, adding that EU would overcome challenges.
      He said that Europe's economy has shown growth lately, showing a positive trend.
      The Austrian leader emphasized that defending environment is not just about climate change, it's also about economy, saying that US President Donald Trump is wrong to believe that the US exit from the Paris climate deal will benefit American workers.
      EU flag is seen in front of the EU Commission Headquarters in Brussels. (File)

      EU's Survival 'Challenged' Due to Its Weakness, 'Threat of Disintegration'


      This year has become a crisis year for the European Union, with the European community being in such a "weakened" state that its survival is not guaranteed, German magazine Focus Online wrote.
    • 15:15

      Indian PM Modi Says India Developing Infrastructure as Part of 'New India' Plan

      Indian Prime Minister Narendra Modi said that India is developing infrastructure.
      He said that the country is moving toward becoming a "New India."
      He added that India as a sovereign state is quite young and works on the development of its economy.
      India's Prime Minister Narendra Modi delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017.
      © Sputnik/ Vladimir Astapkovich
    • 14:57

      Putin on Social Inequality in Russia

      Many countries face the issue, Putin said, commenting on a question on social inequality in Russia when some 1 percent of the population possesses more money than most other part of the people.
      He said that Russia is working to solve the issue as it is very sensitive for the country.
      Authorities must help rich people invest money in the development in the country's economy, not in consumption of goods, he said.
      Russia's program of development must pressupose modern economy generating income, he added.
      Russian President Vladimir Putin delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017.
      © Sputnik/ Vladimir Astapkovich
    • 14:42

      Investment Growth Into Russia Exceeds GDP Growth - Putin

      Russia is aimed to develop digital economy, Putin said.
      He added that Russian inflation would be lower than projected - below 4 percent.
      Russian economy starts to recover, the Russian president said. He added that foreign investors and experts have noted high quality of Russia's macroeconomic policy.
      The investment growth into Russia exceeds GDP growth, this trend should be maintained, he said.
      Russian President Vladimir Putin speaks during a meeting with representatives of international news agencies in St. Petersburg, Russia, June 1, 2017.

      No Foreign Companies Left Russian Market Despite Difficulties – Putin at SPIEF


      None of the foreign companies operating in Russia have withdrawn from the country despite political and economic difficulties over recent years, Russian President Vladimir Putin at the St. Petersburg International Economic Forum (SPIEF) on Thursday.
    • 14:35

      'Geopolitical Games' Should be Put Aside to Solve Global Challenges - Putin

      Putin said that Russia is ready for cooperation with foreign businesses, for realization of joint projects.
      He said that global economic issues could be solved only jointly.
      World faces systemic long-term challenges, thus, geopolitical games and strifes should be put aside in order to solve them, Putin said.
      (R-L) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Moldovan President Igor Dodon attend a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017.
      © REUTERS/ Grigory Dukor

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