"The damage caused by the sanctions, which have become the hallmark of the American administration, a number of EU countries and other Western states - to which we were forced to respond and continue to do so in order not to harm ourselves, is obvious, including for American companies European countries whose governments resort to these sanctions, "- said the Minister.

He added that, despite all the difficulties, companies are working and trying to look for opportunities.

“SPIEF traditionally gathers thousands of businessmen from Western countries. By the way, for the second year in a row the American delegation is the largest - more than 500 businessmen (government representatives decided not to participate this year), ”said Lavrov.

SPIEF-2019 will take place in St. Petersburg from 6 to 8 June. The forum has been held since 1997, and during this time it has become the leading global platform for dialogue on key economic issues.

UN Secretary-General Antonio Guterres and Finance Minister Anton Siluanov of Russia, as reported by the FBA Economy Today, will take part in the opening of the St. Petersburg International Economic Forum.