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The President of Russia presented the Order of Friendship to two investors from Bahrain and Kuwait. The award ceremony was held at the Constantine Palace on the sidelines of the St Petersburg International Economic Forum.

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Speech at the ceremony for presenting state decorations to foreign investors

President of Russia Vladimir Putin: Good afternoon, friends,

It gives me great pleasure to see you here today. I would like to address my first words to our colleagues to whom I will present the Order of Friendship of the Russian Federation, which is a pleasant mission for me.

I would like to thank you for being guided by long-term interests in developing relations between Russia and your respective countries despite the challenging international and economic environment and the ongoing developments. You took into consideration not only a medium-term outlook, but looked further ahead by placing trust in your Russian partners as you undertook ambitious and inspiring major projects. I believe that all your undertakings were a great success.

I do hope that your example will catch on, in a positive way, so that more and more of your colleagues from around the world follow your lead.

Cooperation between Russia and its partners will steadily develop, yielding real, tangible benefits for our economies and people.

I would like to thank you once again for working with Russia and I propose that we move on to the solemn and agreeable part of the event.

Ceremony for presenting state decorations.

Thank you. Congratulations!