this kind of forms cannot be boycott you cannot create a vacuum. because if you create a vacuum from certain companies this very difficult immediately may companies coming from the other from other some different countries and all countries are pretty aware of that fact and they're very careful not to let in not letting this vacuum to happen on the forum so they're all very active and even proactive in participating in free and this forum it's very interesting it's very representative. despite certain problems with the international economic environment still the russian market is very attractive we're going to talk about the climate at a little bit later the investment climate but i want to talk 1st about the political climate in germany this last year is 4 was pretty intense political climate they had the u.s. russia relations were deteriorating new sanctions were coming in because of this

great ball case what about this year would you say it's more welcoming or has it gotten worse. it's welcoming every year. because it already does enter a letter with our business as those who are standing behind organizers of the 4 is to ensure our counterparts that the climate here for investments for economic cooperation is favorable and comfortable and who are doing business. some of the countries. they unfortunately they choose the way of. trying to show the opposite picture i would say it's some some signs of unfair competition from there and. but it doesn't mean that this forum is tense well yes i was of the participants they would say that it's quite a golden opportunity for them to establish contacts to continue dialogue the result

is in russia so. every year every year we see some some some part is who are doing their best to. blackmail this forum but in the end we see quite a successful happening so the big story that everyone's talking about and it's sort of current side it was. there rest of the american investment investor michael crowley it happened. during another investment forum so that's why the american ambassador he said we're not coming so he was put in prison now he's on home arrest yeah it's much better but does this mean that american pressure is working there boycotting the forum and he's in house arrest doesn't mean that american businessmen are going to participate they're going to come created and majority of them have. confirmed in reconfirm their participation. it

comes to. this case it's it's very unfortunate case and we have very story about that. of course we would we would like to see michael among the participants of the forum because he's being quite an active player in russian markets and since the end more than 15 years so that's why. we all know him as is a very trustful businessman and devoted to the russian market and probably you know the news that he actually asked. us to participate for permission to participate and is there any chance i don't know i don't know i'm not in the permit for that. of course we would prefer to see him among the participants but i don't think. we are and i told some to it.

to me and to give any definitive into the case of michael i don't really know and run into a lot of case about that michel call you right it's not up to me or you to decide whether it's fair or not there are other prominent structures who will decide if he's guilty or not talking about. their reaction to the case from for investors for instance patrick put any of this to tell he's also throwing his weight behind french partner if he had been ben who is in prison on home arrest there was a meeting between french businessmen and president putin a couple of months ago and. this french citizen and my college it was reason during the meeting by the participants. and mr pool and there was among them so they received all the necessary explanation by president putin

you know the explanations about the nature of the case but his play explanation that. this is a case in a strict accordance with the russian laws and we do we do hold that the endos gentleman will be freed but. nothing is being done voluntarily so it's a law in russia and you have. you have to agree with it you have to follow this law talk to me please about the reaction because the case i mean it is what it is once again it's not up to me to say it's right or wrong or you but president always saying and you're always saying that we're very open and will do everything in our power for a masters in misspent to come and have confortable conditions to work in our country but what are those promises worse if what they see on t.v. is how for investors are being arrested. this in this situation is actually

should be treated this way. lots of businessmen are protesting this case because they think that it's a purely purely trade dispute that should be solved in arbitron not in a criminal court or not through a criminal investigation. so we have to wait until the investigation is over and if it is proven that this is not a trade dispute. then everything that is being done is correct this is the case and. we have to be patient we have to be patient we have to understand that. those prosecutors those investigators should have very serious. reasons. to put those gentlemen in jail for the period of an investigator present but unlike personally overlooking this time all phone asks if he hears from his receiving

information is receiving reports about because it's quite. loud decays it's quite a loud case. understands that it provokes lots of questions among party investors foreign investors but law is the law you have to obey. right so except american business and american asters there's more to the forum and china's president is coming and there is a lot of talk about how there's an agreement to a huge infrastructure project and in the western press that the hill is writing that it's true that the sanctions actually. made it possible for china to invest more into russia and they're now talking about talent it has a ring to it what do you think of it are we really in for it well 1st of all of course it's very attractive project it's actually it's kind of

a loss of evidence not a project it's a compilation of huge projects that are on in mind. our chinese partners is not participating direct. is a country that is. looking for integration with this project in these so that extend that is compatible with this project. of course chinese not investing. a lot or cannot say that chinese investing a lot in russian economy there's very huge space for for. a large amount of this volumes of investments of chinese businessmen so when do we do that with the time being those investments will rise. chinese are very close partnered with russia and then we cooperate successfully.

means. that we we do it successfully means that the volume or 2 of our trade is constantly rising. depending on international environment so international economic environment we have been planning to achieve to achieve a goal and one of 100000000000 u.s.d. . and it was even a little bit higher at the end 107000000000 u.s.d. well if you compare it with the with the balance between the states in china is quite humble. but nonetheless 440 for already cut i mean for for size of our economy it's a very significant amount china is not a partner of number one for us yet steel e.u. e.u. countries our trade partners number one with us and. i cannot share

the. risk for those who say that it's the turn of russia eastwards no russia i hope will never turn east towards you know russian eagle is looking to both sides west words and east towards this is the nature of. every every every. mention of you know policy of russia let it be a political poll of the diplomatic all activities or economic ones but then take a break right now where that will continue talking to dmitry peskov russian president vladimir putin his official spokesperson talking about st petersburg economic forum coming up in a few days cause of boycott u.s. russia relations and sanctions stay with us.

because this woman says google groups of knowing. who was. much of those who heard the believe you are. seeing him will the north will forgo. the bulk morsel when it. will show you look beautiful the community is going to look. more muslim also these girls will give you all forms for good girls. for your dish also look look your simu while you kiss walk explore the door you should go. to starbucks to order some to get

to new details of it with the little one wished it still appears it's. just ashton under test just a few minutes the mashed old. destructive president and please control his project until. the 3 of petitions to close in the summer to snoop on what the new yorkers are those the girls are with you swear your supporters to your shoes through sure sure mr you should cook dorothy what was your design. so.

and a very warm welcome to you you're watching on the internet. and we're back with me to discuss suppressed secretary. i've heard you in many instances say that even though chinese are very close partners with russia they're often very cautious in relations with russians and in dealing with russian

businesses and i got know that russian chinese banks are sometimes refusing to serve russian customers allies 1st because they're afraid of the american sanctions so when you think about it does it mean then decide. china economic relations are dependent. on washington well everything is interdependent in this world and of the countries are free there are moves in their decisions every country have to balance and rebalance their activities in the field of economy because we are all interdependent so this way yes of course we can feel an influence of american sanctions you know by that relationship but at the same time at the same time we are sober enough to take those steps which are being considered of extremely extreme importance for us and of course lead the. mention of my literally economic relations between russia and china. well is

a very significant dimension for the global economy but would you say that western sanctions against russia are also. taking its toll on how chinese can invest in russia chaney's make business in russia. businessman they are very careful you know the country is not not only in china and every businessman has to keep in mind all the factors all the elements that can influence their future so some chinese businessmen prefer to be more careful some of them are more proactive in their activities some of them are waiting some of them are building factories automotive factories in russia and one of those will be you know greeted during the visit of presidency in moscow would you say that we're not talking just chinese businessmen or investors and we're seeing general. people have found ways to go

around sanctions and found loopholes and sections to actually do their business as usual with my shop not really well of course they're resisting difficult there is a certain certain influence of sanctions for for. various international but tangible investors in russia but then businessmen who can potentially launch their business here yes some of them or would prefer to be more cautious and then we can the in their case we can speak about negative campaigns of sanctions. but not necessarily all of them preferred to keep in mind the existing sanctions so to the contrary would try would try to take advantage. overlong talked a reluctant behavior of the those to take advantage of the opening markets here.

and also way regardless actions russia still been a huge projects energy projects like the nordstrom to gas pipeline in germany and we'll know how americans are reacting today they're saying the companies that are involved in this project from the german side will actually be sanctioned and the sanctions will be so hard that it will be difficult to swallow right now in germany's very firm they're saying we don't really care we need this project and we're going through with it not only germany by the way and. the president of all. those but. you know i just remember how outraged all of the u. was one america in large sanctions against iran but at the end of the day most of the companies largely are you know obliged to withdrawal from iran even if they don't want to so when it comes to north stream to you. what are your thoughts are

you like confident that it's going to go through the huge international project. that we've seen and there being and before you start it. that is being performed for for the benefit of those countries supplying. and receiving. the project there would be a very significant contribution for energy. and the project that is a huge competitor and very serious competitor for american gas producers and suppliers. so the main reason of course instead of for. competition they prefer to wild west time. so they just show the gun and they say that no no you guys here in europe you're going to buy our natural gas and we don't care that it is at least 30 percent more expensive

than the gas coming from the russians this is the case. so one talk a little bit about putting and trump because last meeting between the 2 presidents were cancelled in less than 24 hour notice in argentina you said well now it's off to washington to arrange the next sit down question is. is moscow right now in sort of a wait and see position is it how does it make you feel i mean i understand that this is a wise decision because it's better to talk the not to talk but like when trump cancels that meeting and then eventually that it happens does it get under your skin that washington you know reserves the right for this sort of winks. you know that from the very beginning of the presidency of president trump. oh

a president who was expressing a red innes. who established a good relationship with washington to try to repair the damage that was done by president obama during the last months of his presidency. and from the very beginning president putin insisted that we were we were ready to . do it had as long as advanced as 0 american counterparts arrayed it. unfortunately. we see that they're not ready to advance. but president putin is quite. experienced and quite patient president of quite a patient country doesn't he get services or he doesn't feel like it's disrespectful that you know americans oh no we don't want to meet ok now we want to meet. we want to meet.

we see lots of questions of strategic question is on the agenda that should be tackled on the level of 2 presidents there is no way to put those problems to be sold on a lower level. we understand that lots of questions are coming from americans. that are also should be discussed by the president and we're understand those problems are idling. in absence of. not meeting each other is it logic and it contradicts with the. nation's interests to countries. but we cannot be the. i don't know the proper english prover put more hold in the pope. so that. president putin has said that he was going to eat just the way trump talks about putting in his very sympathetic and very respectful and then it is just all

the is that he likes the man but then people with around him are completely the opposite and their views are completely opposite of sympathetic towards the russian president so a lot of people saying well while the miller investigation was going on of course trump's hands were tied he couldn't make a move towards russia and now that there is no evidence of freshers interference on a government level and american elections it's going to be easier to to to be nice to put in and to sit down and talk and not really care about what people around him say do you feel like this meeting g 20 summit is going to be any different from others. first of all we still don't know whether the meeting is going to take place not because it wasn't initiated officially by the americans. but wasn't mike. in sochi and sort of a no here and he wasn't he was in sochi and he was speaking about a potential willingness. to have the meeting but this is not a reason for

a meeting to take place you have to initiate a deficiency so much. so it is still had never happened the. first. being a press secretary or for the president of the russian federation i can speak on his before your behalf and they can tell you one thing when president putin says something he means it. and when he means something he does it. this is what i know for sure 100 percent. so conclusion is that if trump is willing and contrary to your own then that as yeah. right i have one last question that has nothing to do with anything we're just spoken about but it's very relevant for most of the russians the so-called siren and internet bill that's coming into action november is coming to force this is

a legislation that same to allow russian internet to continue working in case russia is completely cut off from the global infrastructure. but people ask both in to lay people who who are in the business are saying it's physically impossible to do that i mean i don't know that's what they're saying to you as representatives of russian government have a reason to think that someone is trying to cut us off from the global internet wherever the reason to think we faced american sanctions would face some threats coming from international trade organizations from from from american trade organizations not international. because what they did was illegal you know were illegal from the point of view of international law. it would probably remember the. potential threats coming from international payment systems i'm not naming one right now with i'm not naming them. you remember that

so there were some talks about a possibility of cutting off that systems. now we see a situation when for example one operational system. is saying that they would cart off. a chinese company from their product. i'm speaking about this trade war with with. him between america and. cheney's producers of. communication devices. so when we witness these trade wars it we witness those threats we witness results of those illegal actions when we see what is going on in . iran and what is going on in these every china. what happened.

to russia in the near past so in where understand we have to be self-sufficient we have to be sober and you know our capacity. to hold this is also a place before for the internet. internet is an. international. environment but unfortunately we're living in a world of. where where international law can be jeopardized by certain countries we have to take measures of precaution. because great talking to you there was i with everything thank you very much thank you.

just manufactured to sentenced him to public wells. when the ruling classes protect themselves. with the financial merry go round be the one percent. we can all middle of the room signals. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race. spearing dramatic development only personally

i'm going to resist i don't see how that strategy will be successful very critical time to sit down and talk. of the project was good if you give up on your preferred the largest you misses it or don't blame people but. the worst movie for food in the indoor. pool is i assure you i'm over to be. just fearful of this new the north must feel you presume this loop of. your most fear to move him he used to the both of us. continue going to him boning is meaning to their history of cities to. prove you are never going.

to reach because you're from since you moved to you before the war you're more you would almost today because of. this hold true i'm doing. new morning mr arsenal. also wales. mass protests are expected in the u.k. way us president donald trump has just touched down for a 3 day state visit which will begin with a visit to see the queen. from southern north says he's done so.