French/Russian edge closer with 1 Billion Investment

[AZADPAKISTAN2009]

Russia and France have signed six contracts for direct investment into Russia worth about €1 billion as part of the ongoing business forum in St Petersburg and the coinciding visit of the French president.
The billion-euro ($1.17 billion) sum of the deal was reported on Tuesday by Kirill Dmitriev, the head of the Russian Direct Investment Fund. The six contracts were signed at the St. Petersburg International Economic Forum (SPIEF), which is being held in the former Russian capital on Tuesday and Friday.

For comparison, the entire foreign direct investment into Russia in 2017 amounted to $27.9 billion.

 

[AZADPAKISTAN2009]

27-30 Billion is like CPEC investment level in Russia

 

[somebozo]

Dude..CPEC is 46 Billion...France is giving peanuts to Russia..

 

[TheBlackCoat]

No Business with Russia until Crimea is returned back to Ukraine.

 

[vostok]

Rosatom and Electricite de France SA signed a 1 bln contract. This contract will open French nuclear market for Russian giant Rosatom - the world leading nuclear company.
https://vz.ru/news/2018/5/25/924501.html

 

[Vergennes]

Rosatom and Electricite de France SA signed a 1 bln contract. This contract will open French nuclear market for Russian giant Rosatom - the world leading nuclear company.
https://vz.ru/news/2018/5/25/924501.html

C'est le dégel avec Poutine : Macron appelle les entreprises françaises à investir davantage en Russie

https://www.latribune.fr/economie/i...es-a-investir-davantage-en-russie-779671.html

Macron has called for French groups to invest more in Russia.

The 500 or so French companies operating in Russia employ about 170,000 people, particularly in the energy, industrial and financial sectors, "but we can do much better," Macron said. He also called for start-ups and SMEs to set up themselves in Russia and invest in other sectors such as the food industry,space,sustainable cities,energy services,digital technology and so on.

Meanwhile commercial exchanges between France and Russia rose by 16,5% in 2017 to $15,5 billion.

Of the 50 or so agreements and contracts signed during the visit, the most important is the announcement by Total of a $2,5 billion investment to buy a 10% stake in Russia's artic gas project led by Novatek.

 

[vostok]

C'est le dégel avec Poutine : Macron appelle les entreprises françaises à investir davantage en Russie

https://www.latribune.fr/economie/i...es-a-investir-davantage-en-russie-779671.html

Macron has called for French groups to invest more in Russia.

The 500 or so French companies operating in Russia employ about 170,000 people, particularly in the energy, industrial and financial sectors, "but we can do much better," Macron said. He also called for start-ups and SMEs to set up themselves in Russia and invest in other sectors such as the food industry,space,sustainable cities,energy services,digital technology and so on.

Meanwhile commercial exchanges between France and Russia rose by 16,5% in 2017 to $15,5 billion.

Of the 50 or so agreements and contracts signed during the visit, the most important is the announcement by Total of a $2,5 billion investment to buy a 10% stake in Russia's artic gas project led by Novatek.

I also heared that Total has plans to participate in Nord Stream-2.

 

[mmkextreme_1]

No Business with Russia until Crimea is returned back to Ukraine.

That's never going to happen (or at least for the foreseeable future).

Especially with the new bridge Russia recently inaugurated.

 

[Vergennes]

I also heared that Total has plans to participate in Nord Stream-2.

According to Putin,Total will indeed participate in Nord Stream-2. It will join Engie which is already participating in the project.