PBS-RTVM

 

The St. Petersburg International Economic Forum will address measures put forward by Russia and the international community to adapt international economic and financial architecture to new realities, including rethinking the ways in which global capital is allocated, the future of International Financial Institutions, banking sector reform and the coordination of global efforts to contain and combat the global crisis. In addition to the global perspective, the Forum will focus on the role Russia can play, including government measures to address the issues and the implications for Russia’s economic and financial system.

 

Official opening ceremony of the forum will be held on June 5 and Russian President Dmitry Medvedev will deliver a keynote speech. Two thousand participants have been invited to the forum and 600 of them have already confirmed their participation.  

 

President Gloria Macapagal-Arroyo together with Russian Federation President Dmitry Medvedev, Junichiro Koizumi, former Prime Minister of Japan, Gerhard Schroeder, former Chancellor of Germany and Dr. Robert Mundell, Professor of Economics, Columbian University and Nobel Prize laureate in economic science 1999 , will talk on the topic, “Global Economic Crisis: First Lessons and Leading the Way Forward”.

 

The President will meet with Russian Federation President Dmitry Medvedev and will also witness the signing of Cebu-St.Petersburg Sister Region Agreement.(JLU/RJU)

 

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