Putin tries to woo investors to Russia but many stay away


  • World
  • Thursday, 22 May 2014

ST PETERSBURG (Reuters) - President Vladimir Putin tried on Thursday to warm up relations with foreign investors chilled by the crisis in Ukraine, but many senior executives snubbed him by boycotting a conference billed as Russia's answer to Davos.

The St Petersburg International Economic Forum has for years drawn global business leaders to the elegant former imperial capital on the shores of the Baltic Sea, and deals worth billions of dollars have been signed at it.

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