Medvedev in St. Petersburg will hold talks with colleagues from Finland and Belarus


SAINT PETERSBURG, January 29. /Interviewer/. Prime Minister of Russia Dmitry Medvedev will meet with his colleague from Finland Juha Sipil√£. He will arrive in Russia to discuss “Russian-Finnish cooperation in trade-economic, investment, energy, scientific-technical, humanitarian fields”.

Juha Sipil√£ first going to Russia as Prime Minister of Finland. This post he took in may 2015 after the victory of his party in the parliamentary elections. The Prime Ministers will hold talks in narrow and extended format, and their results will tell reporters.

“Although the negative political background and the line of the European Union, which member is Finland, and affect bilateral relations and practical cooperation, we can state that developed over the last decade, the potential of the neighbourhood allowed us to keep the inherent relations between Russia and Finland is a constructive, pragmatic and non-confrontational nature”, – consider in the Russian Cabinet of Ministers.

However, it concluded that “trade and economic cooperation between the two countries is now in decline”. In the government explain that this decline “is due to several macroeconomic factors, is also very noticeable and negative impact of the sanctions policy of the EU”.

For example in the Cabinet bring the volume of trade turnover, which in 2014 fell by 15%, while in January-November of 2015 decreased compared with the same period of 2014 by 39%, to $8.9 billion in the USA. “Russian exports amounted to $6.6 billion (minus 37%), imports – $2.4 billion (minus 45%). The decline in Russian exports has occurred in terms of value, but volumes remained at the most stable positions. The physical volume of imports from Finland decreased by 34.5%”, – said in the government. In 2014, Russia for the first time since 2008, ceased to be first among the trade partners of Finland, and is now in third place after Germany and Sweden. On the Russian market there are about 650 Finnish companies.

In the Cabinet note that the largest Russian project in Finland – the construction of NPP “Hanhikivi-1” in the North-West of the country, the Finnish company Fennovoima with the participation of “Rosatom” on the basis of Russian technologies. October 15, 2015 completed the first phase of works on preparation of construction of NPP. Start of production of electricity is planned for 2024. The estimated cost of the project is $7 billion.

Another project is related to shipbuilding. In December 2014, “United shipbuilding Corporation” acquired in full property located at Helsinki shipyard “Arkteh Helsinki Shipyard”, specializing in the production of multi-purpose vessels with high ice class, including for servicing gas and oil production on the Russian shelf. The overall package of the future projects of the shipyard is estimated at $800 million.

“A matter of principle for Russia is the question of the establishment of a mechanism of bilateral interaction to ensure the rights of children in conflict situations in Russian-speaking and mixed families living in Finland”, – emphasized in the government. And added that “in recent years, developed effective forms of cooperation between competent bodies of Russia and Finland”.

Meeting with Belarusian counterpart

On Friday in St. Petersburg, Medvedev is also scheduled to meet with his Belarusian counterpart Andrei Kobyakov As reported by the press service of the Russian Cabinet of Ministers will discuss “issues of trade-economic cooperation, joint work in the Union state of Russia and Belarus, as well as interaction in the Eurasian economic Union (Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan)”.