KRASNODAR. June 25 (Interfax) - A delegation from Krasnodar territory led by Governor Alexander Tkachev, took part in the St. Petersburg International Economic Forum on June 20-22, where it attended the plenary session, "Global Economic Outlook: Time for Decisive Action," chaired by President Vladimir Putin.

Following that session, Tkachev shared his thoughts on the current economic situation, in the territory, Russia and the world.

"Russia needs to emerge from the global financial crisis with minimal damage. The economy in Krasnodar territory directly depends on that, its present and future," he said.

Tkachev said there is a common recipe for recovery applicable to every Russian region.

Krasnodar territory