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.

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