Putin Tells U.S. Business – Invest in Russia

Russian President Vladimir Putin sought to reassure the U.S. business elite on Saturday he was determined to turn Russia into a more investor- friendly country — but made no mention of the word “YUKOS.”

The Kremlin leader greeted top executives from U.S. corporate giants including Citigroup, ConocoPhillips, Alcoa and IBM at the baroque Konstantinovsky Palace near St Petersburg, Putin’s political stronghold.

The meeting, proposed by Citigroup Chairman Sandy Weill, will be followed by a similar forum with business leaders from Germany on Sunday.
Reuters