The US State Department has warned the business of “obvious risk” when visiting SPIEF – RBC

US State Department’s headquarters in Washington, DC

Photo: J. Scott Applewhite / AP

the US State Department warned American companies about the risks of participation in the St. Petersburg international economic forum this year

According to the agency “RIA Novosti” with reference to the official representative of the US department of State, US authorities “made clear US companies that have obvious risks – both economic and reputational related to their cooperation with the authorities intervening in the affairs of a neighboring country “- said the representative of the Department of State

According to him, the management of each company must make its own decision, but” the majority of uS companies admit that visiting this forum sends a poor signal about Russia’s actions acceptable, “said the American. representative.

The condition for the resumption of normal business relations State Department employee named Russia’s fulfillment of the Minsk agreements and return of Ukrainian Crimea.

He also noted that no US official at any level will not participate in SPIEF 2016. “Our position has not changed & lt; … & gt; The US government will not participate at any level [this forum] – leads the agency his words

At the end of April, the newspaper Le Matin reported that US diplomats urged Swiss businessmen not to go on 16-18 June. St. Petersburg authorities and offered confederation to make a corresponding recommendation traders.

in 2016, the St. Petersburg economic forum for the third time will be held under the sanctions. It is expected that foreigners “political star” forum will be Italian Prime Minister Matteo Renzi, who spoke last December for the abolition of restrictions on Russia.

RBC source close to the organizers of the forum, said that his willingness to come to St. Petersburg have confirmed the head of Siemens Joe Kaeser, head of Gunvor and a long-time partner of the businessman Gennady Timchenko Thorbjørn Tornqvist, CEO of Metro AG Olaf Co.’s, the head of Total Puyang Patrick, head of Glencore Ivan Glasenberg, as well as a delegation of Japanese business, including top officials of Mitsubishi corporation and Mitsui .