EU, U.S. representatives make up 70 percent of St. Petersburg Economic Forum participants - official

Representatives of the EU and the U.S. make up the overwhelming majority of participants in the St. Petersburg International Economic Forum, despite U.S. government urgings not to attend, Russian presidential aide Yury Ushakov said.

Representatives of the EU and the U.S. make up the overwhelming majority of participants in the St. Petersburg International Economic Forum, despite U.S. government urgings not to attend, Russian presidential aide Yury Ushakov said.

"Despite the difficult situation, brought on by the reaction, primarily by the Americans, to the situation in Ukraine, despite pressure from the U.S. [presidential] administration, on attempts to pressure the potential participants in the forum, the makeup of participants is wholly representative," Ushakov told journalists.

"Participants from the European Union countries and America make up roughly 70 percent of the total," he said.

Although there are somewhat fewer "headline names," a large portion of the companies with substantial operations on the Russian market are represented at the forum.

St. Petersburg International Economic Forum-2014 will have 6,500 attendees, including over 600 from major Russian and foreign corporations. Over 62 countries have sent official government delegations, he said.

Participation in the Forum by members of the government, deputy prime ministers, ministers, the leadership of the Central Bank of Russia and Russian business leaders, will give entrepreneurs from around the world complete information on the current state and outlook for the country's socioeconomic development, Ushakov said.

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