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Qatari sovereign fund invested in Russia 2 billion dollars

Executive Director of the Qatar sovereign fund Abdullah Bin Mohammed Bin Saud Al Thani said at a meeting with President Vladimir Putin on a deal with investment in Russia on 2 billion dollars.

For his part, Putin said at a meeting with participants of the privatization of Rosneft hoped that Qatar's sovereign fund will expand cooperation with Russia, including the Russian Direct Investment Fund Line (RDIF), reports TASS.

In turn, the CEO of Glencore Ivan Glasenberg said that the company intends to expand cooperation with Rosneft, including in the field of oil supply to India and China.

In turn, Putin thanked the participants for their confidence and assured the privatization of Rosneft in the successful development of their business in the country.

7 December the head of Rosneft Igor Sechin informed President Putin about the deal on purchase of 19,5% of the shares. The investor of a consortium Glencore and Qatar sovereign fund.

A source: LOOK

Author: Olga Nikitina

Tags: Russia, Qatar, Economy, Investing