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Politics Dmitry Medvedev

  • Russian President Dmitry Medvedev

    As the St Petersburg International Economic Forum wrapped up over the weekend, the business leaders and investors who flew into Russia to see President Medvedev outline his vision for attracting foreign investment into the resource-rich former super power were hopeful that reform is finally on the way, but sceptical that the Russian leadership will finally deliver on its promises to create a more business friendly environment.

  • At the St Petersburg International Economic Forum (SPIEF), one of the main topics on the agenda is how Russia transforms the wealth gained from its substantial natural resources into a more rounded economy.

  • Russia is ready to develop substantial business interests beyond the oil and natural gas driven wealth that has been generated since the collapse of the Soviet Union, the head of investment bank UBS in the region told CNBC.