Penza, 16 June 2016. PenzaNews. The Penza region governor Ivan Belozertsev and the assistant chairman of the regional government Andrei Luzgin are taking part in the St. Petersburg International Economic Forum which opened on Thursday, June 16.

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The Penza delegation will spend two days at the forum, the press secretary for the governor and the regional government Dina Cheryomushkina told PenzaNews.

According to the website of the regional government, the regional delegation will attend a plenary meeting that features a speech by the Russian President Vladimir Putin.

In addition, they plan to hold business meetings with trade partners and potential investors in the Penza region, as well as sign a number of cooperation agreements with several large companies.

The St. Petersburg International Economic Forum is an annual business event that has been held since 1997. Starting from 2006, it is organized under the auspices of the Russian President.

The forum acts as a leading international platform for business networking and discussions of the most crucial economic issues faced by Russia, developing markets, and the world in general.