Russian President, Vladimir Putin has promised to support businesses affected by economic difficulties caused by the COVID-19 pandemic.
According to the president, the country would break new grounds, as the government would be doing everything possible to support the businesses.
Mr Putin joined the ceremony of investment agreements signing on the sidelines of the St. Petersburg International Economic Forum (SPIEF) through video link.
He said: “I want to thank you for your effort and express hope that we will not just confidently overcome the difficult situation that the whole world is currently facing.
“There is no doubt we will break new grounds. I have absolutely no doubt about it.
“The Russian government has been and will be doing everything possible to support you,” Mr Putin added.
This year’s edition of SPIEF would take place in person from Wednesday through Saturday at St. Petersburg’s ExpoForum Convention and Exhibition Centre.
The Rossiya Segodnya International Information Agency, the umbrella media organisation that includes such brands as Sputnik, RIA Novosti, InoSMI, and Baltnews, among others, is an official media partner of the country’s major economic forum.