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Putin will meet with representatives of Italian business elite

April 2 2008

Russian President Vladimir Putin, is expected to meet in Moscow on Wednesday with the heads of leading Italian companies operating in Russia. With the Italian business community, Russian President has already met twice, both times during visits to Italy (in 2000 and 2003). The meeting is held within the framework of Russian-Italian Forum, a dialogue between civil societies.

By the President of the Russian Federation in Moscow, "captains" of Italian businesses are invited for the first time. This meeting - the answer to the Russian side which took place about a year ago, reception of Russian businessmen in Rome, the head of the Italian government.

During the years of President Vladimir Putin has held meetings with representatives of business circles of those countries which are key economic partners of Russia. At such events, in particular, invited major German businessmen, representatives of the American business elite.

According to the Italian side, it is expected that at a meeting of Putin with representatives of industrial and financial circles of Italy will focus on enhancing investment cooperation and industrial cooperation.

On the Russian side at the event will be attended by Economic Development Minister Elvira Nabiullina and presidential aide Sergei Yastrzhembsky, who acted as the organizer of the meeting, with the Italian - the heads of several companies, in particular, Paolo Scaroni (Eni), Fulvio Conti (Enel), Pier Francesco Guarguaglini (Finmecanica ), Giovanni Badzoli (Bank Intesa), Marco Melanie (Indesit), Pietro Ferrero (Ferrero), Gian Felice Roco (metallurgical company Techint compagnia tecnica internazionale spa), Alessandro Castellane (insurance company Sace Group).

By the end of 2007, Italy's fourth largest trading partner of Russia. Bilateral trade topped 30 billion dollars, and gained the Italian capital in the Russian economy exceeded $ 1 billion.

Italian companies were the first who started to create in Russia the so-called industrial districts (the concentration in a certain area of small and medium-sized enterprises specializing in the production of one or more types of products).

According to official figures, Russia has more than 700 Italian-Russian joint venture and nearly 200 companies from a purely Italian capital. In Moscow alone registered more than 200 representatives of Italian companies.

Russian companies are cooperating with the Italian in such strategically important for our country's economics, as the fuel and energy, aerospace, automotive, consumer electronics, petrochemicals, power generation, the development of high-speed rail.

"The meeting will attend the cream of Italian business, - said Russian presidential aide, his special envoy on the development of relations with the EU, Sergei Yastrzhembsky. - From Italy, we carry out many pioneering projects with partners from other countries have not "- he said.

"In the orbit of Russian-Italian economic cooperation involved a large number of regions. The largest Italian corporations and banks are present not only in Moscow and St. Petersburg. They intend, in good sense, continue to expand and increase its presence in the Russian economy ", - said Russian presidential aide.

Yastrzhembsky noted that the meeting between Vladimir Putin and Italian business community organized in the framework of Russian-Italian Forum, a dialogue between civil societies.

"This is an informal forum, organized by the Italian Prime Minister Silvio Berlusconi and Russian President. In recent years the forum has become really effective mechanism. The Forum has already held two meetings of leaders of Russian business, working in Italy, with the prime ministers of this country - Silvio Berlusconi and Romano Prodi.. On both sides of the meeting received a positive assessment ", - said Yastrzhembsky, informs "Interfax" referring to the newspaper Vedomosti.

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