St Petersburg’s annual economic forum brought together people from 83 countries. Against a background of global financial crisis, the event had a lower profile - but the debates were more timely than ever.
Washington has warned Moscow against creating a 'Grain Opec' after Russia confirmed plans to pool resources with other producers. The country's Agriculture Minister claims the group will raise quality but not prices.
The financial crisis will loom large at the first World Grain Forum opening in St. Petersburg, Saturday. Participants from 40 countries are gathering to discuss how to ensure food security amid the crisis.
At the St Petersburg Economic Forum RT spoke with Klaus Rohland, World Bank Russia Country Director and Representative, about the Russian response to the economic slowdown and the outlook for Russia’s economy.