What Russia Sanctions? IBM East Europe/Asia Signs the First Contract at the St. Petersburg International Economic Forum (ITAR-TASS)

ITAR-TASS has reported that the first contract signed at this year’s St. Petersburg International Economic Forum (SPIEF-2014) was with IBM East Europe/Asia. Both sides will cooperate in the technical sphere to help realize joint initiatives for the planning and complex management of the city’s social and economic development – including monitoring the transport situation and public utilities.

Governor Georgy Poltavchenko has also suggested that IBM East Europe/Asia should expand its presence in Russia by opening laboratories and scientific centers in St. Petersburg. A similar laboratory is already active in Moscow.

There was no mention of how western sanctions on Russia might interfere with those plans….

To read the whole article, First contract signed at St. Petersburg International Economic Forum, go to the website of ITAR-TASS.

Similar Posts:

• Old Russia Hands’ Poll: Where Will Russia’s Economy Be in 5 Years? (MT)
• Russian Stocks and the Ruble to Remain Under Pressure (Capital Economics)
• Henderson’s Bennett: “No Real Emerging Europe, We Have Got Submerging Europe” (Citywire)
• What Crisis? Cashing in on Russia’s Middle Class Real Estate Boom (fDi)
• Gift Ideas: A £2,500 Gold iPhone with Vladimir Putin’s Face Engraved On It (Telegraph)
• Russia Ukraine War’s Global Impact (MetLife Investment Management)
• Heatmap: Structure of Russian Exports (Research Affiliates)
• Emerging Market Hedge Fund Assets Rise to a Record Despite Russian Losses (PR)
• Russia’s EU Food Ban a Blessing in Disguise for Shipping Companies (MT)
• The Coming Eurasian Century: Russia and China are De-Dollarizing. Is “Pipelineistan” Coming?
• Resolving the SE Ukraine Conflict Would be a “Massive Buy Signal” for Russia (CNBC)
• Russia Pivoted East to Asia 800 Years Before Obama (MT)
• Russia’s Bourse to Start Trading HK Stocks (Asia Times)
• Emerging Markets in the East Converging With Developed Markets in the West (Create Research)
• Russia Promises Guaranteed Support If You Invest in the Crimea (RIA)