Business News

Pahor Calls for More Cooperation at Conference on Russia

Ljubljana, 16 May (STA) - Russia is doing very well in tackling the financial and economic crisis, so it is important that Slovenia and Russia work together to overcome it, PM Borut Pahor said as he addressed the opening of a business conference on Russia on Sunday in Ljubljana.

"We cannot become winners on our own, but we can become winners through cooperation," Pahor told some 220 participants of the Global Russia Business Meeting event organised by the Slovenian Foreign Ministry and Switzerland-based association Horasis.

While admitting that Slovenia was severely hit by the crisis, Pahor noted that social and economic indicators showed Slovenia was still doing well. He said Slovenia was one of the best EU countries because it opted for balance between competitiveness and social security.

Speaking to investors and decision-makers from more than 25 countries, Pahor pointed to the fact that Slovenia, an EU member, will soon become a member of the OECD, which is yet another indicator of its stability.

Foreign Minister Samuel Zbogar added that given Russia's important role in the global economic recovery, Slovenia was happy to host the conference which aims at facilitating economic and political cooperation.

The conference will continue in Brdo pri Kranju on Monday, when it will be addressed by President Tuerk. Monday's topics will include the outlook of the global economy for the coming year, cooperation with Russian companies, development of Russian trade marks and strategies for success on the Russian market.

Traditionally, Slovenia and Russia have good relations, with its officials meeting on a regular basis; Pahor met his Russian counterpart Vladimir Putin in Moscow in November 2009, while Tuerk met his President Dmitry Medvedev during a football match between Slovenia and Russia also in November.

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