The delegation of South Ossetia took part in the World Economic Forum, held from June 18 to 20 in St. Petersburg, said Minister of Economic Development of the Republic of South Ossetia William Dzagoev during a press conference held in the framework of the project "Open Government" at the press center of the State Committee of Information and Press.
"At the forum were working various sectional groups to discuss problems of small businesses, as well as the issues of the entire state.
I am impressed by the fact that the Russian Federation is not silent about the situation in connection with the sanctions measures.
"In 2015 it is expected GDP 3% decline, in 2016 will be stagnation, and in 2017 the Russian economy will begin to progressively regain that it lost to the present day," - said Minister of Economic Development.
Dzagoev has added that the South Ossetian delegation took part in the plenary session of the forum, addressed by President of the Russian Federation Vladimir Putin and the leaders of foreign states.
Minister of Economic Development appreciated highly the level of organization of the forum.
The St. Petersburg International Economic Forum is held for the nineteenth time, and is the leading global platform for communication of well-known politicians and businessmen.
This year the motto of the forum, which will unite more than a thousand businessmen from Russia and 65 countries, including the United States, Japan, Britain, Germany, Finland and China – is "It`s time to act: by joint efforts for stability and growth '".
The South Ossetian delegation has included Minister of Economic Development William Dzagoev and Finance Minister of South Ossetia Aza Khabalova.
