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At Muscat, the Capital of Oman, Sergei Katyrin Held a Meeting with Chairman of the Chamber of Commerce and Industry of the Sultanate of Oman Faisal Al-Rawas26.04.2024President of the Russian Chamber of Commerce and Industry Sergei Katyrin held a working meeting with Chairman of the Chamber of Commerce and Industry of the Sultanate of Oman Faisal Al-Rawas. It took place in the capital of Oman, Muscat, at the end of the business mission of the Russian Chamber of Commerce and Industry to Nepal and India. During the meeting, it was noted that Russian-Omani relations are friendly and an intensive delegation exchange has been established. Economic cooperation covers agriculture, pharmaceuticals, energy, oil and gas sector, transport infrastructure, tourism and other areas. Currently, work is underway to form a pool of Russian projects that could successfully operate in Oman and promote Russian goods to the Omani market. Sergey Katyrin recalled that the partner organization of the Russian Chamber of Commerce and Industry in the Sultanate of Oman is the Chamber of Commerce and Industry of Oman. The inter-chamber Cooperation Agreement of August 31, 2005 serves as the legal basis for relations. Vice President of the Russian Chamber of Commerce and Industry Vladimir Padalko attended the meeting. By Nail Shakhvaliyev, Press Service of the Russian Chamber of Commerce and Industry
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In Mumbai (India) Was Opened the Office of the Honorary Rep of Russian Chamber of Commerce and Industry25.04.2024The Russian Chamber of Commerce and Industry continues its business mission to India. In the course of the visit, the office of the honorary representative of the Russian Chamber of Commerce and Industry was opened in Mumbai. The honorary representative of the Russian Chamber of Commerce and Industry is Vladislav Dmitriev, who has extensive experience working in India and Nepal as an entrepreneur. “A year ago, the office of the honorary representative was opened in Delhi, now it is the turn to open a similar office in Mumbai, which, in addition to India, will operate in another country of the South Asian Association of Regional Cooperation - Nepal,” the president noted at the opening ceremony of the office Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin. He noted that in an economic sense, Russia has long been connected with India and Nepal through various commercial contracts and long-term investment projects. But in the context of current realities, trade and economic relations between countries can reach a new qualitative level of development, said the head of the Russian chamber. In the implementation of this task, according to him, an important role belongs to the regions of our country. An important feature of cooperation at the new stage is also the high interest in the development of business relations with India and Nepal on the part of Russian small and medium-sized businesses - the sustainability of bilateral trade and economic cooperation and the prospects for its diversification largely depend on this segment. “I am confident that the opening of the office of the honorary representative in Mumbai will be perceived by our partners - the All India Association of Industrialists, the Federation of Indian Chambers of Commerce and Industry (FICCI) and local business circles - as a clear signal of our readiness and interest in developing mutually beneficial long-term cooperation on the entire trade agenda -economic relations,” emphasized Sergei Katyrin. Also today, delegates of the Russian Chamber of Commerce and Industry met with the President of the All India Association of Industry (AIAI), Chairman of the World Trade Center (Mumbai) Vijay Govardhandas Kalantri and representatives of local business circles. Issues of bilateral Russian-Indian cooperation were discussed. By Nail Shakhvaliyev, Press service of the Russian Chamber of Commerce and Industry
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In Tashkent, Vice President of the Russian Chamber Dmitry Kurochkin Visited the Exhibition of Industrial Products of Regions of Uzbekistan24.04.2024On April 24 in Tashkent, Vice President of the Chamber Dmitry Kurochkin visited the exhibition of industrial products of the regions of Uzbekistan, organized by the Chamber of the Republic of Uzbekistan at the Residence Park Hotel. He held working meetings with the Chairman of the Chamber of Commerce and Industry of the Republic of Uzbekistan Davron Vakhabov, Deputy Chairman of the Chamber of Commerce and Industry Dilshod Rasulov and Umidbek Safarov and the head of the Tashkent territorial department of the Chamber of Commerce and Industry of the Republic of Uzbekistan Uchkunbek Irisbekov.During the meeting, the prospects for interaction between the Chamber of Commerce and Industry of the Russian Federation and the Chamber of Commerce and Industry of the Republic of Uzbekistan were discussed in the field of promoting bilateral industrial cooperation, as well as the joint implementation of industrial investment projects and industrial renovation projects in the regions of Russia and Uzbekistan. On the same day, the Vice President of the Russian Chamber of Commerce and Industry visited the industrial technology park of Technopark LLC, located on the territory of the former aviation plant “Tashkent Aviation Production Association named after V.P. Chkalov”. Technopark LLC is an industrial technology park in Tashkent, created in 2019 in order to organize production of import-substituting industrial products, building materials and household appliances. Projects for the production of electronic gas meters, household refrigerators, industrial air conditioners and cooling systems, elevators and escalators, industrial and domestic water pumps, molds and dies, etc. are being implemented at the technology park site. It is planned to launch production of photovoltaic solar panels, as well as organize an automated logistics center. By Wladislaw Varsanov, Department of Project and Investment Activities
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The Business Mission of the Chamber to Nepal is Over, Delegation is Heading to India24.04.2024On April 24, a business breakfast of Russian entrepreneurs with the leadership of the Confederation of Nepalese Industry and the Nepal-Russian Chamber of Commerce and Industry ended the Chamber’s business mission to Nepal. Memorandums of understanding were signed between the delegates of the Russian Chamber of Commerce and Industry and the leadership of the Confederation. The document was signed by the President of the Russian Chamber of Commerce and Industry Sergei Katyrin and the President of the Confederation of Nepalese Industry Rajesh Kumar Agrawal.Following his trip to the country, President of the Russian Chamber of Commerce and Industry Sergei Katyrin noted that Nepalese authorities and entrepreneurs are showing great interest in cooperation with Russian companies. “At this stage, it is necessary to correctly use mutual desires to develop relations, moreover, Nepal is now actively changing legislation, aiming at creating a more favorable climate for investors and increasing the investment attractiveness of the country. I think this will also help attract Russian entrepreneurs,” he said. At the end of April, the next Russian delegation will arrive at the Nepalese investment forum, which included a wide range of companies, including tourism, pharmaceutical and manufacturing firms. “Real investment projects will be presented there, and it will be possible to talk about very specific things,” said Sergei Katyrin. The business mission brings together about 20 representatives of large companies representing Moscow, St. Petersburg, Yekaterinburg and Lipetsk, as well as heads of the territorial chambers of commerce and industry of these regions. Tomorrow, April 25, the business mission will continue in India. The agenda includes meetings with the management of the Shapoorji Pallonji group of companies (the leading developer in the country), business circles of the state of Maharashta, and discussion of issues of bilateral cooperation with representatives of the All India Industry Association. A representative office of the Russian Chamber of Commerce and Industry will also be opened in Mumbai and Kathmandu. By Nail Shakhvaliev, Press Service of the Chamber
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In Kathmandu Sergey Katyrin Had Meeting at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI)24.04.2024At the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), a meeting was held between the President of the Russian Chamber of Commerce and Industry Sergei Katyrin and the President of the Federation Chandra Prasad Dhakal
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In Kathmandu Sergei Katyrin Held Working Meeting with Prime Minister of Nepal Pushpa Kamal Dahal23.04.2024On April 23, in Kathmandu, President of the Russian Chamber of Commerce and Industry Sergei Katyrin held a working meeting with Prime Minister of Nepal Pushpa Kamal Dahal at the Singha Durbar government complex. The parties discussed the possibilities for developing trade and economic ties and outlined promising areas of partnership. Also, at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), a meeting was held between the President of the Russian Chamber of Commerce and Industry Sergei Katyrin and the President of the Federation Chandra Prasad Dhakal, bilateral negotiations took place, following which documents on cooperation were signed.In addition, representatives of the Russian delegation took part in the B2B Business Contacts Exchange.The delegation from the Russian Chamber of Commerce and Industry includes Vice President of the Chamber Vladimir Padalko.The business mission of the Russian Chamber of Commerce and Industry to Nepal continues. It brings together about 20 representatives of large companies representing Moscow, St. Petersburg, Yekaterinburg and Lipetsk, as well as heads of the territorial chambers of commerce and industry of these regions. By Nail Shakhvaliyev, Press Service of the Chamber
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In Nepal Sergey Katyrin Had Meetings with Deputy Prime Minister, Minister of Physical Infrastructure and Transport of Nepal and Deputy Prime Minister, Minister of Foreign Affairs22.04.2024The meetings took place at the Government Singha Durbar Complex in Katmandu
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On April 21–26 Delegation of Chamber Is Conducting Business Mission to Nepal and India. The Delegation is Headed by Mr. Sergey Katyrin18.04.2024On April 21–26, 2024, the Chamber of Commerce and Industry of the Russian Federation is conducting a business mission to Nepal and India. The delegation is headed by the President of the Russian Chamber of Commerce and Industry Sergey Katyrin.The business mission included about 20 representatives of large companies representing Moscow, St. Petersburg, Yekaterinburg and Lipetsk, as well as heads of the territorial chambers of commerce and industry of these cities. The main purpose of the visit is to strengthen relations with entrepreneurial associations of Nepal and India, facilitate the establishment of direct contacts between domestic businesses and the Nepalese and Indian business community, as well as familiarize themselves with new opportunities for cooperation.From April 22 to 24, the business mission will take place in Nepal (Kathmandu). The program includes meetings of the Russian Chamber of Commerce and Industry delegation with the Deputy Prime Minister, Minister of Physical Infrastructure and Transport of Nepal Raghubir Mahaseth, with the Deputy Prime Minister and Minister of Foreign Affairs of Nepal Narayan Kaji Shrestha at the Singha Durbar government complex. The Federation of Nepal Chambers of Commerce and Industry (FNCCI) will host bilateral negotiations and sign documents on cooperation, and representatives of the Russian delegation will take part in the B2B Business Contacts Exchange. At the end of the visit, a “business breakfast” will be held with the participation of the leadership of the Confederation of Nepalese Industry and the Nepal-Russian Chamber of Commerce and Industry.On April 25, 2024, the delegation of the Russian Chamber of Commerce and Industry will continue its business mission to India. The hosting party is the Chamber's partner organizations - the All India Association of Industry (AIAI) and the Indian Merchants Chamber (IMC). As part of the visit, it is planned to open the office of the honorary representative of the Russian Chamber in Mumbai (India) and Kathmandu (Nepal), a meeting with representatives of the business community of the state of Maharashtra, at which presentations of the Chamber of Commerce and Industry of the Russian Federation, Chamber of Commerce and Industry of St. Petersburg, Chamber of Commerce and Industry of the Lipetsk Region and Russian companies will be presented, as well as the signing of a number of bilateral documents between Russian and Indian businesses.As President of the Russian Chamber of Commerce and Industry Sergei Katyrin noted on the eve of the visit: “In the economic sense, Russia has long been connected with India through various commercial contracts and long-term investment projects, while business cooperation with Nepal is gaining momentum. Today we see an increased mutual interest of entrepreneurs from Russia, Nepal and India in developing and deepening cooperation, realizing the potential of the entire range of economic relations between our countries. We hope that the business mission of the Russian Chamber of Commerce and Industry to Nepal and India will give a powerful impetus to the further expansion of business cooperation.” By Press Service of the Chamber
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Vice President of the Chamber Vladimir Padalko Took Part in Discussion “Russia-China: Energy for the Future” at National Oil and Gas Forum18.04.2024On April 16, at the National Oil and Gas Forum, held at the Expocenter, a discussion “Russia-China: Energy for the Future” was held, moderated by Kirill Babaev, President of the National Coordination Center for International Business Cooperation.The meeting was attended by Vice President of the Russian Chamber of Commerce and Industry Vladimir Padalko, who presented the main problems and opportunities for economic cooperation with China. According to him, with no other country in the world does Russia have so many areas of cooperation formalized by government regulation. And at the same time, there are current problematic issues related to restrictions in the field of mutual settlements. In this regard, he noted the importance of the accelerated opening of automobile border crossings and the development of so-called dry hubs. Vladimir Padalko also noted that an insufficient number of Chinese manufacturers are entering the Russian market and entrepreneurial activity should be stimulated based on the principle of competitive advantage. As an example, he cited opportunities for Chinese woodworkers to create furniture factories in Russia that could produce products from Russian forests. Vladimir Padalko called the main problem the internal regulation of the Russian market, which does not allow Chinese companies to make a decent profit. Participants discussed key issues such as areas of energy cooperation that the governments and companies of the two countries should focus on; challenges facing the energy sector of Russia and China in the context of the upcoming energy transition; new technologies and production that Russian and Chinese investors could create together. Deputy Minister of Energy of the Russian Federation Sergei Mochalnikov, who spoke at the meeting, presented the main areas of energy cooperation between Russia and China, such as oil and gas, the coal industry and cooperation in the field of alternative energy sources. According to him, governments create conditions, and companies must develop business. “The degree of interpenetration of our economies is only increasing,” said a ministry representative. Sergei Mochalnikov also noted that technological sovereignty remains the main way to ensure the energy security of each country. The head of the Union of Chinese Entrepreneurs in Russia, Zhou Liqun, noted that special attention should be paid to price coordination and stability at border crossings. “Chinese enterprises and Chinese utilities are waiting for energy resources from Russia,” he said, calling for more active cross-border cooperation and infrastructure development, to overcome the existing difficulties with crossing the border, which remains the longest. The representative of Chinese automakers in Russia, Li Feng, spoke about how Chinese automobile brands are working to transition to environmentally friendly transport. And as global demand for cars grows, this stimulates the development of alternative energy sources.Evgenia Dyshlyuk, Head of the Strategic Analysis Department at Gazpromneft PJSC, noted that after the pandemic, the concept of energy transition has changed significantly and the world is abandoning previous approaches. In her opinion, the main focus should be on meeting the energy needs of developing countries, where 80 percent of the world's population lives.Representatives of the Sichuan Association in Russia and the CIS countries also took part in the discussion. Summing up the discussion, Kirill Babaev expressed the opinion that the main problem of Russian-Chinese cooperation was the problem of accelerated growth (25 percent per year), and expressed confidence that under these conditions all difficulties would be overcome. By Peter Cheremushkin, Press Service of the Chamber
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Sergey Katyrin Participated in the Meeting of the Organizing Committee of the Forum “Russia-Islamic World:KazanForum”17.04.2024On April 16, a meeting of the Organizing Committee for the preparation and holding of the International Economic Forum “Russia-Islamic World: KazanForum” was held. From the Chamber of Commerce and Industry of the Russian Federation participated President Sergei Katyrin and Vice-President Ilya Zubkov.The meeting was chaired by Deputy Chairman of the Government of the Russian Federation, Chairman of the Organizing Committee Marat Khusnullin.Reports on preparations for the Forum were made by Rustam Minnikhanov, Head of the Republic of Tatarstan, Deputy Chairman of the Organizing Committee, Chairman of the Strategic Vision Group “Russia - Islamic World”; Anton Kobyakov, Advisor to the President of the Russian Federation, Deputy Chairman - Executive Secretary of the Organizing Committee; Vladimir Ilyichev, Deputy Minister of Economic Development of the Russian Federation, head of the working group of the Organizing Committee for the development of the program; Talia Minullina, Head of the Investment Development Agency of the Republic of Tatarstan; representatives of ministries and departments who reported on the degree of readiness to host the Forum.To date, representatives of 54 countries have confirmed their participation in the Forum. The business program includes 125 sessions on such current topics as international cooperation, science and technology, investment, industry, business, halal industry, Islamic finance, culture, sports, tourism, women's perspective.This year, as part of the “Russia-Islamic World: KazanForum” program, it is planned to hold the Forum of Chambers of Commerce and Industry of the Organization of Islamic Cooperation (OIC) countries, which will include a plenary session “Development of the Circular Economy” and a discussion on the exchange of best practices of chambers of commerce and industry ( with the participation of heads of regional and foreign Chamber of Commerce and Industry)The Forum in Kazan will also include sessions held by the Russian Chamber of Commerce and Industry: “Technical regulation and standardization of priority sectors of the economy”, “Reaching a new level of development of manufacturing SMEs. Cooperation. Investments. Markets”, “Family business as a brand of the national economy”, “International commercial arbitration in the countries of the Islamic world”.“Russia-Islamic World: KazanForum” will be held May 14-19, 2024. The purpose of the event is to strengthen trade, economic, scientific, technical, educational, social and cultural ties between the regions of Russia and the countries of the Organization of Islamic Cooperation.By Peter Cheremushkin, Press Service of the Russian Chamber of Commerce and Industry
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Vice President of the Chamber Vladimir Padalko Met Delegation of Sultanate Oman17.04.2024The meeting of the Vice President of the Russian Chamber of Commerce and Industry Vladimir Padalko with the Omani delegation, held on April 15, was devoted to discussing issues of bilateral cooperation with the Sultanate of Oman. In his welcoming remarks, Vladimir Padalko noted that Russia perceives Oman as a reliable partner with whom one can work not only in the field of trade, but also in the field of high technology. He also noted the significant interest in cooperation with Oman on the part of Russian regional companies. Mr. Padalko listed Lipetsk, Samara and Nizhny Novgorod as the most interested regions. “Our primary goal is to correctly compare the interests that exist between entrepreneurs in Russia and Oman,” he emphasized. During the conversation, the possibilities of participation of the Sultan of Oman in the St. Petersburg International Economic Forum this year were discussed, including B2B meetings with the involvement of member organizations of the St. Petersburg Chamber of Commerce and Industry. Chairman of the Russian-Omani Business Council Alexey Rubtsov said that work is currently underway to form a pool of Russian projects that could successfully operate in Oman and promote Russian goods to the Omani market. He described the investment background in Oman as very positive, and particularly noted the opportunities for free economic zones created in this country. Representatives of Oman expressed their readiness to open a special pavilion at SPIEF 2024 and organize a presentation of the investment opportunities of their country. The Ambassador of the Sultanate of Oman to the Russian Federation, Hamood Al-Towaiya, spoke at the meeting and noted the high level of bilateral cooperation and support for the Russian Chamber of Commerce and Industry. By Peter Cheremushkin, Press Service of the Russian Chamber of Commerce and Industry
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Russian Guild of Bakers and Confectioners Organizes Bakery Cup of Countries-members of BRICS20.05.2024In the framework of the Russian Federation's BRICS presidency, BRICS Bakery Cup will be held in Moscow, May 20 – 26, 2024. The event will be organized by the Russian Guild of Bakers and Confectioners (RBC). The purpose of the BRICS Bakery Cup is to strengthen the friendship of nations, unite people, promote an atmosphere of international solidarity, tolerance and peace, since bread has been a symbol of life, peace, goodness, prosperity and unity of nations for many centuries. Teams of bakers from the Russian Federation, the People's Republic of China, India, Brazil, South Africa, Argentina, Egypt, Iran, the UAE, Saudi Arabia and Ethiopia will show their skills in the art of baking. In addition, business and cultural program will be organized for foreign delegations. We invite you to attend this event. Additional information is available on the website of the Russian Guild of Bakers and Confectioners. e-mail: info@rospik.ru www.bread-business.ru
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Sergei Kartrin Predicts Partial Reorientation of Russian Business from Turkish Markets02.02.2024Hardships in Russia's financial settlements with Turkey, which arose due to Washington's pressure on Ankara, could lead to a reduction in bilateral trade turnover and a partial reorientation of the Russian Federation to other markets, Sergei Katyrin, President of the Russian Chamber of Commerce and Industry, told RIA Novosti. A number of private banks in Turkey have closed accounts of Russian companies, due to unprecedented pressure from the United States in connection with sanctions, a source in the country's banking sector told RIA Novosti earlier on Thursday. “Difficulties in settlements with Turkey, which arose due to pressure on Ankara from Washington, could lead to a reduction in bilateral trade turnover and a partial reorientation to other markets, including China,” said the head of the Russian Chamber of Commerce and Industry. At the same time, he added that cooperation with China in the context of the situation in the Red Sea implies an increase in logistics costs due to an increase in the cost of shipping and insurance.“For the Russian market, the consequences may be the following: an increase in the cost of goods, delays in deliveries, a possible shortage of certain products due to the restructuring of global supply chains,” Katyrin noted.
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Vice President Padalko: BRICS Enlargement Is an Opportunity for Development of a New Bigger Market25.01.2024In an exclusive interview with TV BRICS, Vice President of the Chamber Vladimir Padalko spoke about how the expansion of BRICS, economic integration in the EAEU, SCO and other associations will affect the conditions for doing business in Russia and the economy as a whole.
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Africa Strives for a Balanced Relationship with Other Countries. What Will Russia Offer?13.01.2023The coming year should be a turning point in the development of Russia's economic relations with African countries. We have good prospects, but we will have to fight for a place under the African sun. We are not alone in appreciating the prospects of this continent. And not only appreciated, but set quite specific goals. At the US-Africa Leaders' Summit, which took place in mid-December, the White House clearly outlined a course to strengthen the position of American business in African markets. So the competition of the world's leading economies for the inclusion of the continent in the orbit of their interests is intensifying. The recently popular thesis is becoming an axiom that Africa will determine the future - and not only of its people, but of the whole world. From the point of view of economic development and the realization of national interests, it becomes a very specific call for the leading world powers to intensify their actions on the continent. Indeed, Africa today is a young, dynamically developing market, a continent that contains up to 30% of the world's mineral reserves, which are critical for the development of modern industry and high technology. According to experts, by 2050, 25% of the world's population will live there, and the volume of the consumer market will be $16 trillion. So the importance of Africa for world trade and investment will only increase in the foreseeable future. Against the backdrop of expert forecasts, the US-Africa summit, in a sense, launched the implementation of the US Strategy for Sub-Saharan Africa, adopted in August 2022. It just determines the goals of strengthening economic cooperation. Including in very sensitive promising areas - in energy, healthcare, agriculture, finance, infrastructure and communication technologies. In general, the adoption of the strategy and the assessment of the preliminary results of the last summit indicate that the United States is returning to Africa in earnest and for a long time. And they are not going to just hand over their positions to their opponents there. During the business forum, which was attended by representatives of about 300 American and African companies, trade deals totaling $15 billion were concluded. And other countries - China, Turkey, Japan - periodically hold their summits on cooperation with Africa. And Africa itself, in terms of building foreign policy, is no longer the same continent as it was 20 years ago. Despite all the interest in developing foreign trade and attracting foreign investment in the economy, most African countries are striving to build balanced relations with partners. And they want to avoid the negative consequences of major power rivalry. According to Western experts, the current African leaders recall with concern the times of the Cold War, when the confrontation in Africa on the principle of "us or them" in the long run did not contribute to economic integration and building a common market on the continent. Now about the main thing for us. What will Russia offer in response to all these Napoleonic economic plans? Today our trade with Africa is $18 billion. We have something to focus on and draw conclusions, developing strategies. For example, China's trade with African countries is almost 260 billion, the US - just over 60 billion dollars. Of course, we need non-standard and non-sanctioned flexible mechanisms to promote investment and trade with African countries. It is necessary to step up work with African countries on specific projects. Clearly define your competitive advantages in areas in key sectors of the economy. And around them to develop a system of priorities, support measures, promotion. At the same time, you should soberly assess your capabilities, taking into account high market competition. For example, American experts admit that in Africa, American companies cannot compete with Chinese firms in the construction of roads and bridges. They are offered to focus on cooperation in healthcare, financial technologies and renewable energy sources. It is here that the competitive advantages of American companies are valued especially highly. Maybe we should seize the initiative? At the same time, we need to intensify work on building a reliable infrastructure that will help level the existing problems associated with the disruption of transport and logistics chains, settlements on transactions, and restrictions on the access of our products to the markets. African partners should be encouraged to introduce systems of mutual settlements in national currencies and barter transactions. Develop preferential trade regimes, create free economic zones, industrial hubs. It is also important to more actively implement our plans to expand the network of trade representations in Africa, to open trading houses and Russian business support centers. Russian business circles, I know this for sure, are waiting for the concretization of plans and breakthrough decisions that, on the whole, will make it possible to realize the existing potential of trade and economic cooperation. I hope that by the end of next year it will be possible to confidently speak about a new qualitative level in the development of economic relations between our country and African states.
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The President of the Chamber On the Situation of Russian Business after the Departure of Foreign Companies09.01.2023Western sanctions have affected the work of most Russian enterprises, but about 25% of companies that have lost partners abroad have already found new ones. This was stated to RIA Novosti by the President of the Chamber of Commerce and Industry of Russia Sergey Katyrin. “We keep our finger on the pulse of business, first of all, of course, small and medium-sized ones as the most vulnerable. We are conducting a study called the Business Barometer of the Country, dedicated to the problems of entrepreneurs in the face of sanctions,” he said.“It turns out that the sanctions have had a noticeable impact on the work of more than 60% of those surveyed. At the same time, about 25% of companies that have lost partners abroad have found new ones,” the President of the Chamber added.However, nearly a third, he noted, were still looking for them, and they needed help. "For example, the Chamber recently organized a large business mission to Iran, 100 representatives of Russian companies took part in it," Katyrin said.At the same time, he pointed to the need to "accelerate the restructuring of the economy.""We need a monetary policy that takes into account the current realities. It is necessary to expand legislative support for entrepreneurship, help businesses find new foreign trade partners and consumers of our imports, and develop new supply chains," the head of the Chamber concluded.
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Sergey Katyrin Explained why Countries Aspire to BRICS16.11.2022Interest in the BRICS has increased dramatically in recent years. It can be said that a whole line of developing countries has formed, wishing to join this association of states. But how can we explain it? They are attracted by the alternative, said Sergey Katyrin, President of the Russian Chamber of Commerce and Industry, head of the Russian part of the BRICS Business Council, in an interview with the Novye Izvestia newspaper. The association, which today includes Brazil, Russia, India, China and South Africa, offers all-round cooperation for the free development of its members, as opposed to the dictates of the global political and economic agenda, which is being promoted with increasing difficulty by the United States today with the help of Western-oriented blocs. “Regarding dictatorship, these are not my words, it was written by Newsweek, but it's hard not to agree with such a statement,” Sergey Katyrin specified.According to the head of the Russian part of the organization’s Business Council, the development of comprehensive cooperation within the Russia-India-China “triangle”, which became the prototype of BRICS, was once suggested by Yevgeny Primakov, a politician, scientist who headed the Russian Chamber of Commerce and Industry for ten years. The Chamber actively promotes contacts between entrepreneurs from the BRICS countries, reduces administrative barriers, and implements joint projects, Sergey Katyrin stressed. He said that "the foundation of the organization in 2006, by the way, at the St. Petersburg International Economic Forum, caused, on the one hand, a certain skepticism, and on the other, noticeable dissatisfaction with the United States due to possible competition." "As the authority of the BRICS grows, the US will try to increase pressure on the countries participating in the association in order to maintain the title of the center of world civilization and the world economy that has been appropriated to itself," he said. Many states do not want to fit into such an American "system of behavior", and the BRICS provides such an opportunity, Sergey Katyrin explained. The purpose of creating the association is to promote the stable growth of the economies of the BRICS members, finance projects in the field of infrastructure and the organization as a whole, although the countries included in it have different economic potential, are characterized by a powerful developing economy and important resources for the whole world. The economic systems of the Commonwealth members have a huge impact on the world market, emphasizes the President of the Chamber of Commerce and Industry of the Russian Federation and cites the following data: the area of the current five countries of the organization is about 30 percent of the entire land mass, almost half of the world's population lives in them. In terms of GDP, China is the first economy in the world, India is the third, and Russia is the sixth. Many scientists and politicians today call BRICS a "new force" and sometimes even compare it with NATO or the UN. “This is fundamentally wrong,” explains Sergey Katyrin. - BRICS is not a formal alliance. Our organization has no headquarters, we have nothing to do with military agreements. BRICS does not have a charter and a permanent head, there is an annual rotation rule, when the work is coordinated by the next chair country. Members of the organization also have differences in geopolitical approaches. But this does not prevent work to strengthen economic and trade mechanisms outside the current Western framework. The participating countries observe equality and adhere to the principle of mutual respect. The leaders of the five states meet annually, and two dozen working groups have been created within the organization in various areas - agriculture, transport, energy, etc., they solve the issues raised at the next summit. BRICS has ambitious goals, including counteracting the global economic crisis, improving the quality of life of its population, the transition to high technology in all possible areas of life.Since 2015, the BRICS Development Bank has been operating - a kind of alternative to the IMF with a shareholder capital of $100 billion. The bank, Sergei Katyrin said, finances projects in the states of the association, naturally, and in Russia. Work is underway to create its own payment system BRICS Pay, which can be used in the participating countries. A pool of foreign exchange reserves of one hundred billion dollars has been created for use in unforeseen situations. The organization has a Network University with programs for masters, it works on the basis of universities of the participating countries. The creation of its own independent system of credit ratings is being discussed. This is necessary, if only because many well-known current rating agencies in their assessments are not exempt from political influence, which Russia has repeatedly seen from its own experience, said the President of the Russian Chamber of Commerce and Industry. The most promising solution here, according to Sergey Katyrin, is the creation of an Alliance of BRICS rating agencies, united by a common methodology. This will allow maintaining sovereignty in the regulation of credit ratings in each of the countries of the "five". “Here, in fact, is part of what the BRICS member countries are doing and what, I believe, is very attractive for many developing countries,” Sergey Katyrin noted. Applications for membership in the organization were filed by Argentina and Iran, just a few days ago - Algeria. Active interest in participation in BRICS.
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Dmitry Lyubomudrov: “There is no Dominance in BRICS, Every Project is a Balance”10.11.2022Industrial cooperation and cooperation are not on the agenda of BRICS summits and meetings. But the cooperation of production enterprises on the basis of equality - the main principle of the Association's existence - is extremely necessary and important in the conditions of the formation of new production chains. With these goals, the BRICS Industrial Coalition was created in 2021.On the sidelines of the International Architectural Congress recently held at the WTC Moscow, representatives of the WTC press service spoke with Dmitry Lyubomudrov, co-chairman of the Council of the BRICS Industrial Coalition, CEO of the Design Process Club, member of the Council of the Russian Chamber of Commerce and Industry on financial, industrial and investment policy.The BRICS Industrial Coalition was created quite recently, in 2021. For what purposes was it created? Who is in the Coalition today?The BRICS industrial coalition is an association of enterprises to build production chains in the new conditions, when the unipolar world has ended, and new type macro-regions are just being created. A lot of Western equipment supply chains, repair and service contracts, and logistics have been broken. In fact, the entire commercial world is forced to reformat a large percentage. The global division of labor has collapsed. And we can no longer rely on the Western system, including the system of commercial law, arbitration, logistics, insurance, industrial chains. We can't rely on American microchips or German machines, even if it's all done in China.If contractors are in the Western world, we are forced to abandon them for the sake of supply and production security. And, since the leaders of our countries have agreed that Russia will build a new world order based on BRICS - these are the words of Russian President Vladimir Putin, the words of Foreign Minister Sergei Lavrov, and other BRICS countries will also build the world order in our macroregion - and this is a big part of the world, then we need new types of tools for this, such as the BRICS Industrial Coalition.As you know, BRICS is not an organization. If the SCO, for example, has an international General Secretariat, there is a vertical, then BRICS is a club of state leaders. And decisions are made at summits, where it has been repeatedly stated that the leaders of the BRICS states urge and encourage public business associations of their countries to engage in cooperation and build chains of interaction with each other.For 8 years now, we have had a non-profit partnership, the BRICS Joint Center for Business Cooperation (BRICS UCBC), on the basis of which BRICS industry associations have begun to be created. And in order to have not only intra-industry, but also inter-industry chains, new joint ventures, new BRICS factories, the BRICS Industrial Coalition was created. An industry association is a community in which members can compete with each other, and this makes cooperation difficult, it is difficult for them to build cross-industry chains, since the members of the association are concentrated in one area. And the BRICS Industrial Coalition was created in order for one plant to do one thing, another - another, a third - a third.The idea was born in the Russian national part of BRICS. We decided that we should set a worthy example. In order to invite enterprises from other countries, we must first assemble our factories and form a national base. Before making investment proposals for a particular plant, it is necessary that he himself prepares his base, products, achieves some success, attracts Russian contractors, partners, and shows that the chain is working. And then, in this consortium, it is already possible to invite companies from the BRICS countries and say: look, we have everything ready, we are guided by the decision of the summits, the decision of the BRICS heads of state, we have prepared the infrastructure, so we invite you and are ready to come to you.We are already running the first such project - IT Technopark named after A.V. Suvorov under the auspices of the BRICS Industrial Coalition in the Kursk region. IT is the most advanced, fastest, most urgent field. For example, the lack of microcircuits is a worldwide problem, both Western and Eastern countries face it. This is an aggravation of the situation with the Taiwanese company TSMC, American threats of war, the same as in Ukraine. Officially, our factories can no longer receive chips from Taiwan, and they need to be replaced with something. Parallel import - yes, we solve these problems too, but this is a temporary solution to problems. And the real solution is to gather factories of the BRICS and BRICS+ countries, and this is another 50 countries, and what we ourselves cannot do in the machine tool industry yet, take it in China, take it in India, take it elsewhere. Thus, a new joint venture is created, and the manufactured products are offered for distribution to other BRICS and BRICS+ countries.These countries have earnings and at the same time they are still involved in the control of the process. That is, if you co-invested in a microchip plant, you know that there will no longer be American "bookmarks" there.
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Vladimir Padalko: Business and Investment Environment in China will Remain Predictable10.11.2022Vice President of the Chamber Vladimir Padalko commented on the results of the 20th Congress of the Communist Party of China - Speaking about the groundwork that was formed by the 20th Congress of the Communist Party of China, we can assume that new faces in the Politburo will strengthen the position of the country's leader, which will definitely contribute to the planned reforms. As some experts expect, the appointment of Li Qiang, a supporter of technological entrepreneurship, to a high government post can give a new impetus to the digital transformation of the Chinese economy. I would like to believe that with his assistance, China will set an example for the rest of the world not only in the speed of digitization of all aspects of society, but also in how to ensure the outstripping growth of human intelligence over artificial intelligence. The retention of the current Foreign Minister Wang Yi in the Politburo gives us reason to expect the PRC's foreign policy towards Russia to remain unchanged, but with less regard for the United States. As for the ideological message of the congress, the desire of the Chinese friends to take responsibility for the future of the world and overcome the limitations of the Western model of development based on the idea of colonial aggression and robbery of other countries deserves praise. The lessons of Chinese modernization, the desire of Chinese thinkers to transform and expand the Western model, seem to be timely and instructive. The proposed alternative in the form of a “community with a common destiny for mankind” may have a bright future. To do this, it must be simple and understandable, its meaning and postulates in all languages of the world and by all peoples must be interpreted and perceived unambiguously, be in harmony with nature, not contradict the moral and ethical principles developed by all mankind over thousands of years of history. It will have to take into account not only the Chinese specifics and developments in the transformation of the positive historical experience of Western civilization, but also, most importantly, the ideas and dreams about the image of the future that the rest of humanity has. This also applies to business. The business environment of our countries is looking forward to what results the 20th Congress will bring to entrepreneurs, what form and rules the trade and economic cooperation of our countries will be in the coming new era. So far, we have heard from the leadership of the PRC about the immutability of China's already set course for international cooperation, in which the business and investment environment for foreign capital in the PRC will remain predictable. I would like to believe that the planned and ongoing purchases of new aircraft by China will mark the end of the “zero tolerance policy” and the beginning of a new stage in the establishment of business ties, the revival of tourism and related industries. This can truly breathe life into the economies of our countries. Source: https://www.rbgmedia.ru/post.php?id=16476
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The Head of the Chamber Believes that Foreign Business Would Return to Russia - interview with "Rossiyskaya Gazeta"30.06.2022Excerpts from the interview of the head of the Chamber to the main government newspaper of the Russian Federation For the most part, foreign business shows no desire to leave Russia and tries to maintain relations with Russian partners. In such circumstances, we should not abandon the cooperation we have been building with them for years. Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, spoke about this in an interview with “Rossiyskaya Gazeta” – main Russian official newspaper. How much does the withdrawal of some Western companies from the Russian market affect today? Are they gone forever? And what about trade relations with the West? Are those ties broken forever? Sergei Katyrin: You need to understand that we have developed long-term stable ties with the West, especially actively developed in recent decades. And to say that everything, from tomorrow we have no interests in the West, I think, is wrong and completely unpromising. Relationships should be maintained wherever possible. Undoubtedly, not everyone will be able to maintain them, and these sanctions will be with us for a long time, if not forever. However, I think that somehow countries will slowly start crawling out from under them: at first, without advertising, but less to comply with all restrictions - to buy something, sell something, and so on. There is also a foreign business that has invested a lot of money in Russia and does not want to lose it. Now some of them are forced to leave Russia, tighten up, reduce the volume of trade and production, and behave more modestly in the Russian markets. However, such decisions are made under strong pressure, primarily from governments, the leadership of these countries and public opinion. In the overwhelming majority of cases, foreign companies do not want to leave Russia. This is evidenced by the results of our numerous meetings with business associations of foreign countries - German, American, French, Japanese. Anyway, many of them hope that in the future they will return and work in our market. Inevitably, there will be those who want to work with Russia, do business here, keep themselves on our territory, or come later. Therefore, we must maintain relationships with those with whom we worked. At least we in the Chamber try to maintain relations with partners and convey to colleagues that any quarrel ends in peace. And sooner or later we will have to build bridges, so now it is better not to destroy them.
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African Market is Very Promising for Russia—Vladimir Padalko29.04.2022Vice President of the Chamber of Commerce and Industry of the Russian Federation, Mr Vladimir Padalko, has described the African market as very promising for Russian companies, especially those intending to localize their production on the continent blessed with several resources. In this insightful interview with our Media Executive Kester Kenn Klomegah, he also discussed the existing challenges and emerging prospects especially for strengthening trade and economic relations with Africa, amid unprecedented stringent sanctions by the United States, European Union and their Pacific allies. Here are the interview excerpts: What can we expect from the second Russia-Africa summit scheduled for this year? Is it worth talking about increasing the level of Russian investment, and strengthening interaction with African businesses? The second Russia-Africa summit will become an important starting point for cooperation between the Russian Federation and African countries. The economic situation for Russia has now changed dramatically, while most countries on the continent have refrained from participating in anti-Russian sanctions. Therefore, we are talking about the formation of new approaches in a wide field of interaction, adjustment, or rather an expansion of those strategic tasks that were formulated at the first Russia-Africa summit. Let me remind you that three years ago, priority areas for economic cooperation were identified in a number of industries. These are energy, infrastructure development, especially railway construction, mining and processing of minerals, agriculture, digital technologies, medicine, science and education. These priorities will be voiced at the second summit as well. But I think that the main topic of the upcoming forum will be the formation of new tools for fruitful cooperation between Russia and Africa, including new methods of mutual settlements, logistics routes, media and cultural communication. How competitive is the current African market for Russian companies and potential investors who have shown interest in Africa? In recent years, many African countries no longer experience a lack of attention from foreign partners. Unfortunately, today the share of Western states, as well as China, in trade with African countries is much higher than Russia’s. But, nevertheless, our country is able to occupy significant niches in many areas. We sell very popular goods in Africa: fertilizers, oil products, wood products, plastics, rolled metal products, grain, certain types of machinery and equipment, and vehicles. In turn, African countries are ready to supply the Russian market with a whole range of food products, with the supply of which problems have recently arisen. And in some countries, in particular, South Africa, there are good products in mechanical engineering, chemical, and food industries, which will also be useful for us today. The African market today is very promising for Russia, but also very difficult. Russian business needs to work on it thoroughly and systematically in order to achieve success. Does the Chamber of Commerce and Industry of the Russian Federation intend to encourage Russian companies to localize their production in African countries, thereby using one of the most reliable ways to expand trade and economic cooperation? The Chamber of Commerce and Industry of the Russian Federation supports all positive trends in business, including foreign economic activity. The localization of Russian production in African countries is already a mature stage of cooperation when companies understand all the specifics of doing business in a particular country and are confident in the long-term nature of project implementation, and the return on their investments. In my opinion, now for the majority of Russian companies that intend to work in Africa, it is important to create a set of tools that will allow them to confidently develop their business with the countries of the continent. The Chamber of Commerce and Industry of the Russian Federation has already prepared a set of proposals that should seriously help the promotion of Russian business to African markets. The initiatives were discussed and approved at the last meeting of the heads of business councils at the Chamber of Commerce and Industry of the Russian Federation for cooperation with African countries. For example, it is important that Russian banks come to Africa. Now there is only one bank – it is very small for the whole continent. We need settlement banks that would work with different currencies, and not just with dollars and euros. The President of the Russian Chamber of Commerce and Industry Sergey Katyrin, in a letter to the Chairman of the Government of the Russian Federation Mikhail Mishustin, proposed to conclude intergovernmental agreements with African states on the use of national currencies in mutual settlements and payments. It was also proposed to work out the issue of establishing a specialized export-import bank and a trust fund to support the export activities of small and medium-sized businesses in African countries. We really need a Russia-Africa trading house. In connection with the latest events in the world, international logistics have seriously changed. We need commodity hubs that work for several countries at once. As you can see, we are now at the stage of creating an infrastructure that will allow us to reach a qualitatively new level of cooperation between Russia and Africa. Business needs vital information, knowledge about the investment climate, and the specifics of work in a particular country. Business needs vital information, knowledge about the investment climate, and the specifics of working in a particular country. Do you think there is an information vacuum between Russia and Africa? The information vacuum definitely exists, and this obstacle should first be removed. One of the most effective tools in this direction is holding exhibitions. Experience indicates that business in Africa shows great interest in them. In connection with this, the CCI of the Russian Federation proposes to redirect the funds allocated for exhibitions in Europe to the organization of exhibitions and business forums in African countries. But at the same time, it is necessary to work quickly – it takes an average of six months to prepare any exhibition, and the situation in this area can change dramatically. It is also necessary to organize business missions more often, hold roadshows, presentations of Russian companies in African countries. The online format of communication is good, but direct contact, so to speak, on earth is always effective and brings returns. I would like to note that the CCI of the Russian Federation intends to actively contribute to the expansion of the network of trade representative offices in Africa. Currently, there are only four Russian trade missions operating on the continent; Morocco, Algeria, Egypt and South Africa. There should be more of them. What do you think are the main problems for foreign players on the African continent, what hinders the development of trade and the influx of Russian investments into African countries? Trade and economic cooperation is always a bilateral process. African countries need to further develop financial and investment infrastructure, which foreign partners, in our case, Russian ones, will be able to rely on. Do not hope that investors will come, find promising projects on their own and implement them at their own expense. At the same time, the experience of the Soviet Union shows that it is possible and necessary to cooperate with African countries in a broad format. However, the economic model of interaction is now fundamentally different – no one will recklessly invest. All work is based on a mutually beneficial basis. At the same time, Russia is now living in fundamentally new economic realities. Many communications, logistics, and supply chains have been disrupted. Business is forced to adjust strategies for working with foreign partners and to look for new opportunities for their development. And in this situation, cooperation in friendly areas – with African countries – becomes one of the priorities. At the end of this exclusive interview, what are your final motivating words and what can you wish for potential clients and partners in Africa? Africa has changed a lot in recent years. A number of countries show high rates of economic growth, new industries are developing, enterprises are opening, and not in the sphere of primary processing of minerals and agricultural raw materials. The African continent has become a place of expansion for many foreign companies. Russia cannot stand aside from this process. Businesses need to take the initiative and take a certain risk – it is like two sides of a coin. The main thing is that our country has a good mood for the development of cooperation, and this is unambiguous on the part of African countries as well. So, we will succeed. There is a wide field of collaboration ahead.
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Igor Morozov, Chairman of AFROCOM: “For Russia Africa is the last relatively free market for the export of domestic goods”14.02.2022In recent decades, Africa has become the main continent for which an active struggle is unfolding between the Euro-Atlantic region and Greater Eurasia. Therefore, there is nothing surprising in the fact that the European Union is increasing its trade turnover with African countries, and today it amounts to more than 300 billion dollars a year.
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TASS: the Managers of the Chamber Said that the Business of Russia and the United States is Set to Develop Cooperation09.02.2022It would be extremely unwise for politicians to destroy excellent opportunities for cooperation, said the head of the chamber, Sergei Katyrin
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Russia Ready To Bolster Ties With Ethiopia In Multifaceted Areas Of Cooperation: Senator Igor Morozov13.07.2023Addis Ababa, July 12, 2023 (FBC) – A preliminary session of the Second Russia-Africa Summit held in Addis Ababa on Wednesday in the presence of representatives of the government and the business community of the Russian Federation and Ethiopian dignitaries. In his opening remarks, Ambassador of the Russian Federation to Ethiopia, Evgeny Terekhin, stated that Russia attaches greater importance to its ties with Africa in the social, economic, cultural and humanitarian spheres. Russia played a significant role in supporting African nations when they struggled against colonialism, and the political and diplomatic relations with his country and countries of the continent has continued to be strengthened over the decades. “The political dialogue between the Russian Federation and African nations has not stopped for a single moment since the establishment of the traditional relations between the two sides,” he underscored. “We are committed to strengthen our traditional relations with African nations in economic technical areas based on principles of equality and mutual trust,” he said. “We are working to facilitate conditions that would enable us to employ national currencies of countries to expedite trade ties between African nations, he said.” Member of the Upper Chamber of the Federal Assembly and Chairman of the Coordinating Committee for Economic Cooperation with African Countries (AFROCOM), Igor Morozov, stated that Africa is a continent with a productive young population and immense resources, reiterating the commitment of his country to deepen cooperation with the country in a wide range of areas including trade, economy, science, education, digital technology, health and agriculture. AFROCOM has six offices in Africa including the one it opened last year in Addis Ababa, Igor Morozov said, adding that this shows how Russia is committed to expand trade and economic ties with the continent. “The west has been trying to sever the ties between Russia and Africa, but our relationship has thrived withstanding all challenges,” he noted. Regarding the bilateral relations between Ethiopia and Russia, the Senator stated that Russia will remain to be nation’s close partner in the diplomatic, political, cultural and humanitarian spheres. Russian companies are ready to participate in the Ethiopian economy in the fields of production and assembly of cars, tractors and other agricultural equipment, he said, pledging commitment to attract more other investments to the country. He also appreciated Ethiopia’s aspiration to join the BRICS bloc. Concerning cooperation in the science and education sectors, Senator Igor said ROSCOSMOS will share its immense experiences in the Space Science Aerospace Research fields with Ethiopia. Russia is also ready to establish a trade house in Addis Ababa as part of its ongoing activities to bolster economic and investment ties with Ethiopia and the continent Africa at large. He further expressed his confidence that the Second Russia-Africa Summit would serve as a good platform in strengthening comprehensive and equal cooperation between Russia and Africa countries. President of the Chamber of Commerce and Sectoral Associations of Ethiopia, Melaku Ezezew, for his part, said “this is the right time to tighten economic and cultural ties between Africa and Russia,” calling the upcoming Russia-Africa Summit a good opportunity in this regard. “Its cooperation with Russia in areas of science, trade and technology transfer is vital to Ethiopia so as to accelerate its economic growth and achieve development goals,” Melaku pointed out, affirming the commitment of the association in strengthening economic and investment partnership between the two sides. By Wondesen Aregahegn
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#SPIEF2023 | Foreign Investors Express Huge Interest, Focus on Acting Jointly – Dmitry Kurochkin18.06.2023At the St. Petersburg International Economic Forum, we also heard from the vice president of Russia's Chamber of Commerce and Industry, who provided a picture of investment prospects in Russia.
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President of the Russian Chamber of Commerce Addressed the BRICS Business Forum27.06.2022
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