Oil and Gas in the Capitals ///

The St. Petersburg International Economic Forum ended on June 18 with the usual mutual congratulations between participants. Symptomatic of this self-satisfaction was the quite programmatic closing speech delivered by President Dmitry Medvedev. Assumed by many pundits to be a sort of lame duck in the face of a likely presidential run by Prime Minister Vladimir Putin next year, Medvedev has nonetheless presented his own distinct vision of Russia’s future, centered on modernization and a move away from reliance on natural resources. That vision was reiterated in his speech at the forum.

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