Vladimir Putin held a virtual meeting with heads of leading Italian companies on Wednesday.
The discussion focused on trade, economic and investment cooperation between Russia and Italy and prospects for further expanding bilateral business ties.
Russia and Italy managed to keep the economic cooperation at a high level during the pandemic period, Vladimir Putin said.
Supporting the macroeconomic stability in the country remains the priority for Russian authorities, President Putin said.
Italian companies are receiving Russian natural gas at prices much lower than market ones owing to long-term contracts, Putin said.
Russia sees serious prospects for expansion of the business partnership between Moscow and Rome in other energy spheres as well, the President said. This refers in the first instance to development, use and commercialization of renewable energy sources, he noted.
The Italian business has already invested about 500 mln euro into construction of wind power plants in three Russian regions, Putin added.
The absence of mutual recognition of COVID vaccines and vaccination certificates between Russia and the EU does not contribute to an intensification of business contacts and trips, Putin said.
In this context, he mentioned the recent joint Russian-Italian comparative research of coronavirus vaccines, performed by the National Institute for Infectious Diseases of Italy. According to this research, the Russian Sputnik V vaccine "displayed the highest titer of antibodies to the Omicrons strain and once again proved its efficiency," Putin noted.
The president noted that the online meeting with the Italian business was attended by key Russian economic ministers and heads of largest Russian companies, so that the Italian businessmen could listen to Russian colleagues’ first-hand assessments of the development perspectives of the Russian-Italian economic ties.
Russian President Vladimir Putin told Italian businessmen that Moscow will compete with Rome for the right to host the World Expo 2030.
"The Russian capital, Moscow, has put forward its candidacy to host the World Expo 2030. We know, of course, that Rome is also a candidate city," Putin said at a meeting with representatives of leading Italian companies on Wednesday. He recalled that Italy has already held such events. "Our country has never done this, although it has been participating in it for 170 years and was represented at the first Expo in London in 1851," Putin noted.
Russia was the first country to formally apply in April to host Expo 2030, proposing Moscow as the location for the event. In June, it was reported that the South Korean Busan has also applied. On October 7, Italy nominated Rome. Ukraine also applied to host Expo 2030.
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