Ukraine plans to sell a controlling stake in the country's largest oil-producing company, Ukrneft. According to Mikhail Chechetov, the head of Ukraine's State Property Fund, the auction will take place in September 2003. Official sources suggest that Kiev plans to receive at least USD 370 million for Ukrneft. The State Property Fund believes that the most likely buyers of the stake (50% + one share) will be from Russian and Hungary.
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part