Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Kremlin shrugs off limits on Russian business leaders at Davos forum

Published 12/17/2018, 05:37 AM
Updated 12/17/2018, 05:40 AM
© Reuters.  Kremlin shrugs off limits on Russian business leaders at Davos forum

MOSCOW (Reuters) - The Kremlin on Monday shrugged off reported restrictions on Russian business leaders who take part in the Davos world economic forum in January and said it welcomed a move by the organizers to lift a ban on several Russian tycoons.

The Financial Times reported last month that Oleg Deripaska, Viktor Vekselberg and Andrey Kostin had been told to stay away from the high-profile forum due to caution over dealing with business people under sanctions from Washington.

Russia's RIA news agency cited a government source on Saturday as saying the ban had been lifted. But online news portal The Bell reported on Monday that organizers had made lifting the ban conditional on the Russian business people not appearing on panels with U.S. citizens at the forum or attending any U.S.-organized side events.

Kremlin spokesman Dmitry Peskov told reporters Moscow welcomed the move to allow the business leaders to attend and shrugged off any restrictions on them, saying they could meet business people and officials from other nations instead.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.