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Meeting With A Delegation From The Zhejiang Provincial Department of Commerce09.06.2026On June 9, a meeting with a delegation from the Zhejiang Provincial Department of Commerce (PRC) was held in the Small Hall of the Russian Chamber of Commerce and Industry. Vladimir Padalko, Vice President of the Russian Chamber of Commerce and Industry, moderated the talks. The delegation from the Zhejiang Provincial Department of Commerce was led by Zhou Xiangjun, Director General of the Department. Also participating in the meeting were Yang Yingjun, Director of the Department's Office, and Le Ning, Director of the Foreign Trade Development Department. Welcoming the guests, Vladimir Padalko noted the Russian Chamber of Commerce and Industry's interest in developing practical dialogue with Chinese partners and emphasized the importance of interregional ties for strengthening trade and economic cooperation. During the meeting, participants were briefed on the key activities of the Russian Chamber of Commerce and the potential of the chamber system to facilitate business contacts. The Chinese side presented up-to-date data on the dynamics of bilateral cooperation. According to the information presented, trade between Zhejiang Province and Russia reached USD 23.1 billion in 2025, with exports to Russia amounting to USD 16.6 billion. From January to April of this year, trade turnover reached USD 8 billion, an 11.9% increase compared to the same period last year, while imports from Russia grew by 24.8%. The delegation invited representatives of the Russian Chamber of Commerce and Industry and Russian entrepreneurs to participate in the fifth Global Digital Economy Expo, which will be held in China from September 23 to 27. During the presentation, it was noted that the expo is a national specialized platform and is one of the country's largest national exhibition projects. At the end of the meeting, Vladimir Padalko thanked the delegation for their visit and confirmed the Russian Chamber of Commerce and Industry's readiness to continue working contacts, including in the areas of exhibitions and fairs, product promotion, and expanded business cooperation with Zhejiang Province. By Peter Cheremushkin, Press Service of the Chamber
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SPIEF-2026: Sergey Katyrin At The Russia-US Business Dialogue Confirmed Existing Contacts05.06.2026On June 4, President of the Chamber Sergey Katyrin took part in the Russia - U.S. Business Dialogue, held as part of the St. Petersburg International Economic Forum (SPIEF). The discussion was moderated on the Russian side by Svetlana Chupsheva, Director General of the Agency for Strategic Initiatives. She noted that the Russia - U.S. dialogue on the sidelines of SPIEF is becoming a regular format: the discussion is being held for the second year in a row and brings together representatives of business, the expert community and development institutions. Sergey Katyrin said that contacts between the business communities of Russia and the United States had been maintained even during the most difficult periods. “We still have a dialogue today. We are in constant contact with the President of the American Chamber of Commerce in Russia, so there are no problems when there are issues that need to be discussed, including legislative matters. We are approached both by companies operating in Russia and by American colleagues who are currently not present on the Russian market,” said the President of the Chamber. He emphasized that until 2021, active cooperation with American partners was maintained not only at the federal level, but also by regional chambers of commerce and industry. “Forty chambers of commerce and industry actively maintained relations with their American counterparts in various states. These included business missions, exchanges and participation in various events. Many are now in a waiting period, but the interest of American companies in the Russian market has noticeably increased following the change of administration in the United States,” Sergey Katyrin added. According to him, one of the key tasks for the further development of business cooperation will be to restore trust. “Any joint business is based on trust. It depends on how much you trust your partner and how much you can build joint ventures together. This is what we need to work on. We are ready for this, and we have all the necessary opportunities, including the network of chambers of commerce and industry. Today, we operate in 350 cities of the Russian Federation and are ready to organize communication for partners anywhere in the country,” said the head of the Chamber. Robert Agee, President and CEO of the American Chamber of Commerce in Russia, noted that the Russia - U.S. Business Dialogue has been held at SPIEF for several years and continues to attract strong interest from the business community. “Despite all the problems we have observed in recent years, interest in non-commercial, humanitarian and professional dialogue between the United States and Russia remains very significant. We see a huge demand from the business community, cultural organizations and expert circles for continued interaction and the search for mutual solutions,” he said. Kirill Dmitriev, Special Presidential Representative for Investment and Economic Cooperation with Foreign Countries and CEO of the Russian Direct Investment Fund, pointed out that the Russia - U.S. dialogue is important for global stability and the practical economic agenda. “There are 150 American companies that have continued their business in Russia, and more than 70% of them have been operating in Russia for more than 25 years. Business communication is working. But due to sanctions and restrictions, our trade turnover has fallen tenfold over the past six years,” he stated. Kirill Dmitriev named rare earth metals, energy, space, medicine, as well as new technologies and artificial intelligence among the promising areas of cooperation. According to him, after some time, cooperation in artificial intelligence could become one of the realistic areas for Russian-American business, since American entrepreneurs are traditionally focused on practical efficiency and project economics. “American businesspeople are very pragmatic; they look at the price. If we can provide the cheapest energy for artificial intelligence, this is a powerful resource for Russia,” he noted. Evgeny Tugolukov, founder of the Medscan group of medical companies and Chairman of the Committee for the Development of Healthcare and Medical Services of Business Russia, noted that healthcare retains potential for international cooperation. “Health and healthcare are outside politics in a practical sense. American, European and Asian companies continue to communicate with us. This communication takes place at the level of doctors and clinics,” he said. Maxim Liksutov, Deputy Mayor of Moscow for Transport and Industry, spoke about Moscow’s previous experience of cooperation with major U.S. cities in transport and urban infrastructure. According to him, such cooperation brought practical results to both sides, while the exchange of experience between cities remains in demand. He also noted that Moscow is currently actively developing cooperation with major cities in China, the United Arab Emirates and Saudi Arabia. At the same time, according to him, the potential for restoring ties with American megacities remains. “Today, our friends and partners are the largest Chinese cities, the largest cities in the United Arab Emirates and Saudi Arabia. These are the cities we work with every day. But I am confident that the useful relations we had with our American colleagues will return to a good friendly beginning,” Maxim Liksutov said. He expressed confidence that cooperation between megacities could be in demand not only in transport, but also in the development of high-tech industry, technology parks and the urban economy. Bob Foresman, Vice Chairman of KingsRock Advisors, noted that he had come to Russia for the first time since February 2022. According to him, interest in restoring business contacts between Russian and American businesses remains, but the return of major investment requires a political settlement and a reduction in sanctions risks. The discussion was also attended by David Giovanis, CEO of Somerset International Russia; Bruce Marks, Founder and Managing Director of Marks & Sokolov; Sergey Slipchenko, CEO of Philip Morris Sales and Marketing; and Peter Bely, Founder and Chairman of the Board of Promomed Group. Earlier today, President of the Chamber Sergey Katyrin moderated the session “25 Years of the SCO: A New Stage in the Development of the Trade, Economic and Business Agenda,” took part in the signing of a cooperation agreement between Sberbank of Russia and the Chamber, and held a series of meetings with federal media outlets. The St. Petersburg International Economic Forum is taking place from June 3 to 6. The main theme of the forum is “Pragmatic Dialogue - A Path to a Stable Future.” The program is dedicated to shaping a new model of global development amid the transformation of the world economy. Broadcast recording: https://forum-spb.ru/programme/business-programme/156691/ Press Service of the Chamber, Nail Shakhvaliev
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Russian Business Is Ready to Continue Working with Venezuelan Partners05.06.2026On June 1, 2026, the Chamber hosted an extended meeting of the Russian-Venezuelan Business Council, during which participants discussed prospects for developing trade, economic and business cooperation between Russia and Venezuela. In his welcoming remarks, Vladimir Padalko, Vice-President of the Chamber, noted that despite the domestic political situation in the country, which was affected by the events of January 2026, Venezuela remains Russia’s strategic partner on the Latin American continent. According to Vladimir Padalko, the Russian-Venezuelan Business Council serves as a key platform for developing bilateral business ties. In December 2023, the Russian-Venezuelan Bank Eurofinance Mosnarbank assumed leadership of the Council. Since April 2026, the Council has been headed by Sergey Goreslavsky, Advisor to the President and Chairman of the Management Board of JSC JSB Eurofinance Mosnarbank. The Council is actively involved in strengthening practical ties between entrepreneurs of the two countries, while effectively fulfilling the task of developing cooperation in the financial sector. Among the landmark events recently held by the Council was the first-ever business forum “Russia and Venezuela - Strategic Partners,” which took place in Caracas in late October 2025. The meeting was addressed by Sergey Goreslavsky, Chairman of the Business Council; Jesus Rafael Salazar Velasquez, Ambassador of Venezuela to Russia; Sergey Melik-Bagdasarov, Ambassador of Russia to Venezuela, who joined via videoconference; Anatoly Khvostikov, President and Chairman of the Management Board of JSC JSB Eurofinance Mosnarbank; representatives of the Russian Ministry of Foreign Affairs and the Russian Ministry of Economic Development, as well as a number of Russian and Venezuelan business structures. In their remarks, the speakers emphasized the mutual interest of Russian and Venezuelan business circles in continuing and expanding cooperation both within existing projects and in new initiatives across various sectors of the economy, including energy, agriculture, transport, tourism and IT technologies. During the meeting, the Business Council’s work plan for 2026-2027 was approved. Department of External Relations, A. Baisheva
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Sergey Katyrin Headed the Chamber Delegation at SPIEF 202604.06.2026President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin headed the Chamber delegation at the St. Petersburg International Economic Forum (SPIEF), which is taking place in St. Petersburg from June 3 to 6. As part of the business program, Sergey Katyrin will take part in key events dedicated to international business cooperation, the investment climate in the regions, entrepreneurship development and interaction between business and support institutions. In particular, he will moderate the session “25 Years of the SCO: A New Stage in the Development of the Trade, Economic and Business Agenda” and will also take part in the Russia - U.S. Business Dialogue. On the sidelines of the forum, the President of the Chamber is also expected to participate in events related to the presentation of the results of the National Rating of the Investment Climate in the Russian Regions. In addition, agreements on interaction and cooperation are planned to be signed between the Chamber, the Government of the Komi Republic and the Chamber of Commerce and Industry of the Komi Republic, as well as between the Chamber, the Government of the Tula Region and the Tula Chamber of Commerce and Industry. A separate part of the program will be devoted to the Chamber’s interaction with financial institutions and business partners. The delegation’s schedule includes Sber events, including a business breakfast and the signing of a cooperation agreement between Sberbank of Russia and the Chamber. Sergey Katyrin will also take part in the plenary session of SPIEF 2026 and hold a series of meetings with representatives of federal media outlets. The Chamber Vice-Presidents Ilya Zubkov, Vladimir Padalko and Elena Dybova will also take part in the forum events. The main theme of SPIEF 2026 is “Pragmatic Dialogue - A Path to a Stable Future.” Saudi Arabia will be the guest country of the forum, timed to coincide with the 100th anniversary of the establishment of diplomatic relations between Russia and Saudi Arabia. Press Service of the Chamber, Nail Shakhvaliev
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A Delegation From The Russian Chamber, Led By Vice-President Vladimir Padalko, Participating In The HARBINEXPO18.05.2026From May 16 to 18, a delegation from the Russian Chamber of Commerce and Industry, led by Vice President Vladimir Padalko, is participating in business events on the sidelines of the Russia-China Expo. This year, the Expo is being held as part of the Harbin International Economic and Trade Fair, one of the leading exhibition events in Northeast China, attended by over 300,000 people.The Chamber's delegation includes Marat Bimatov, Director General of the ANO SoyuzExpertiza; Boris Stupnitsky, President of the Chamber of Commerce and Industry of the Primorsky Krai; Marina Bogoslovskaya, President of the Chamber of Commerce and Industry of the Republic of Sakha (Yakutia); and Nurbek Atakanov, Honorary Representative of the Russian Chamber of Commerce and Industry in the Inner Mongolia Autonomous Region and the Xinjiang Uyghur Autonomous Region of the People's Republic of China. The delegation of Moscow entrepreneurs is led by Vladimir Platonov, President of the Moscow Chamber of Commerce and Industry. The Khabarovsk Krai Chamber of Commerce and Industry delegation, led in Harbin by Vice President Pyotr Yanchenko, includes more than 20 companies.On the day of his arrival, May 16, Vladimir Padalko met with the management of China Railways to discuss current issues of transport and logistics in bilateral trade.That same day, the Vice President of the Russian Chamber of Commerce and Industry participated in a meeting between the delegation of the Sakha Republic (Yakutia) Chamber of Commerce and Industry and the leadership of the Russian-Chinese Investment Chamber. The talks focused on ways to implement the cooperation agreement between the two chambers, signed in 2025. At the meeting, the Chinese side expressed its readiness to invest in the economies of Russia's regions. On May 17, Vladimir Padalko attended the opening ceremony of the Russian-Chinese Expo and delivered a welcome address at the session "Cooperation for Innovative Development: Industry, Science, and Technology," organized by the Russian-Chinese Chamber. The main goal of the event was to outline the vectors of Russian-Chinese relations in industry, focusing on the potential for cooperation. In his welcome address, Vladimir Padalko noted that innovation and investment cooperation is becoming the core of the new global economic order, highlighting the need for greater involvement of Russian and Chinese regions in cooperation in mechanical engineering, electronics, and energy.Speakers at the session included Zhang Yujing, Chairman of the China Chamber of Commerce for the Import and Export of Mechanical Engineering and Electronic Products (CCCME) and Honorary Chairman of the Chinese Chapter of the Russian-Chinese Chamber; Zhou Liqun, Chairman of the Union of Chinese Entrepreneurs in Russia; and Vladimir Platonov, President of the Moscow Chamber of Commerce and Industry. On the same day, Vladimir Padalko spoke at the Sixth Russia-China Forum on Interregional Cooperation, which opened with greetings from Chinese Vice Minister of Commerce Lin Ji and Russian Deputy Minister of Economic Development Vladimir Ilyichev.Also speaking at the Forum were Heilongjiang Province Governor Liang Huiling, the Head of the Sakha (Yakutia) Republic Aisen Nikolaev, Primorsky Krai Governor Oleg Kozhemyako, and Zabaykalsky Krai Governor Alexander Osipov.In his speech, Vladimir Padalko noted the high level of Russian-Chinese cross-border cooperation. According to him, Heilongjiang Province's trade turnover with Russian regions alone will exceed $24.5 billion in 2025. However, the Vice President of the Russian Chamber of Commerce and Industry emphasized that today, we still cannot call the state of our trade stable. Businessmen note that they currently lack business information, as well as a range of services that would protect them from losses and mistakes. This includes financial support for transactions, digital brokerage services, clear tariffs in transportation and logistics, product inspection, and other services.According to V. Padalko, entrepreneurs' initiatives are also being "chilled" by additional inspections, the introduction of export permits, quarantines, quotas, and weak security guarantees.With this in mind, V. Padalko explained, the Russian Chamber of Commerce and Industry and its subsidiary, SoyuzExpertiza, have decided to assist the Administrative Committee of the Harbin New District in organizing the activities of the Russian-Chinese Cooperation and Service Center established there. The goal is to connect the digital and expert capabilities of Northeast China with Russian regions through a network of chambers of commerce and industry. Both Russian and Chinese entrepreneurs, V. Padalko noted, highly praised the decision of the Russian and Chinese leaders to introduce a visa-free regime, but the general desire of businesses is to extend this regime for at least another two years, thereby supporting the Russian-Chinese movement towards mutual cooperation in defiance of sanctions and restrictions.On May 18, the Russian delegation held talks with the leadership of the Heilongjiang Provincial Council for the Promotion of International Trade, dedicated to specific issues of economic cooperation and projects for the further development of border trade and economic cooperation. By Dmitriy Bystrov, Department of Foreign Relations
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Sergey Katyrin Held A Working Meeting With Rustam Minnikhanov, Head of Tatarstan, As Part Of 6th International Forum of Chambers of Commerce and Industry14.05.2026On May 13, Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, held a working meeting with Rustam Minnikhanov, Head of Tatarstan. Heads of foreign chambers of commerce and industry participated in the meeting.The meeting was held as part of the 6th International Forum of Chambers of Commerce and Industry, which is part of the 17th International Economic Forum "Russia - Islamic World: KazanForum." Also participating were Ilya Zubkov, Vice-President of the Chamber of Commerce and Industry of the Russian Federation, and Shamil Ageyev, Chairman of the Union of the Chamber of Commerce and Industry of the Republic of Tatarstan.Sergey Katyrin reported that the Chamber forum's business program includes thematic sessions devoted to key areas of international economic cooperation: tourism, including industrial tourism, food security, the creative economy, international commercial arbitration, and the development of trade and investment relations. Rustam Minnikhanov thanked the head of the Russian Chamber of Commerce and Industry for her long-standing, consistent work in organizing the International Chamber of Commerce and Industry Forum, which is strengthening its status as a reputable international platform for business communication each year.This year, 27 foreign chambers of commerce and industry and 35 delegations from Russian regions are participating."We have already learned to work under sanctions pressure and have been able to replace many imported manufacturers with domestic products and technologies. The Chamber of Commerce and Industry's international activities have played a significant role in this. We look forward to further strengthening our cooperation with our colleagues from Muslim countries, including through the mechanisms of the Chambers of Commerce and Industry of Tatarstan and Russia," said Rustam Minnikhanov.He emphasized that Tatarstan is confidently strengthening its position as an international center for business diplomacy. In 2024, Kazan successfully hosted the BRICS summit, confirming the high level of trust in the republic and its infrastructure. This year, in accordance with the decree of the President of Russia, the Russia-ASEAN Forum is planned to be held in Kazan. This will be another important step in the development of multi-vector international cooperation."This kind of comprehensive work creates a solid foundation for expanding cooperation with your countries. We see great potential in deepening our partnership and hope that Tatarstan's platforms, including KazanForum and the International Forum of Chambers of Commerce and Industry, will become an effective tool for building long-term contacts," added Rustam Minnikhanov.During the meeting, representatives from Kyrgyzstan, Oman, the UAE, Turkey, and the Businesswomen's Council of the Federation of Egyptian Chambers of Commerce presented their chambers of commerce and industry and outlined promising areas for developing cooperation.Photo: website of the Raisa of the Republic of Tatarstan. By Nail Shakhvaliev, Press Service of the Russian Chamber of Commerce and IndustryBased on materials from the press service of the Raisa of the Republic of Tatarstan
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Delegation Of The Chamber Participates In 17th International Economic Forum "Russia – Islamic World: KazanForum 2026"13.05.2026The 17th International Economic Forum "Russia – Islamic World: KazanForum 2026" has opened in Kazan. On May 13-14, a delegation from the Chamber of Commerce and Industry of the Russian Federation, led by President Sergey Katyrin, is participating in the forum's events, as well as the 6th International Forum of OIC Chambers of Commerce and Industry, which is being held at KazanForum.The Chamber's delegation includes Vice Presidents of the Chamber of Commerce and Industry of the Russian Federation Denis Frantsuzov, Elena Dybova, Vadim Chubarov, and Ilya Zubkov; Director of the Digital Technologies Department of the Chamber of Commerce and Industry of the Russian Federation Vladimir Maslov; Director of the Entrepreneurship Development Department of the Chamber of Commerce and Industry of the Russian Federation Denis Dybov; and representatives of the chambers of commerce and industry system.One of the key events of the program, featuring the participation of the Chamber of Commerce and Industry of the Russian Federation, will be a meeting between the President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin and the Rais of the Republic of Tatarstan, Rustam Minnikhanov. The meeting will also include heads of foreign chambers of commerce and industry. On the same day, the Korston Hotel, Shopping and Entertainment Complex will host the grand opening of the 6th International Forum of OIC Chambers of Commerce and Industry. The central panel session will be "Digital Transformation of the Chamber of Commerce and Industry System in Russia: Implementing Artificial Intelligence Technologies."Business ProgramAt KazanForum, Chamber representatives will participate in specialized sessions.Vice President of the Russian Chamber of Commerce and Industry Elena Dybova will speak at the session "Public Procurement: New Challenges and Exchange of Experience." Participants will discuss entrepreneurs' access to procurement, increasing the transparency of procedures, and the exchange of international and regional experience.Elena Dybova will also participate in a special session of the Accounts Chamber of the Russian Federation "State Audit: A Strategic Partner in Performance Management for Sustainable Economic Growth."Vice President of the Russian Chamber of Commerce and Industry Denis Frantsuzov will participate in the session "Ensuring Freedom of Economic Activity and Technological Sovereignty in the Context of the End of the Era of Globalization." Discussion topics will include creating predictable business conditions, protecting entrepreneurial initiative, technological independence, and the role of business associations in developing industrial and innovation policy.Vadim Chubarov, Vice President of the Russian Chamber of Commerce and Industry, will moderate the session "International Commercial Arbitration in OIC Countries: Interaction and Cooperation." The discussion will focus on the development of alternative mechanisms for resolving foreign economic disputes, strengthening trust in arbitration institutions, and the capabilities of the International Commercial Arbitration Court (ICAC) at the Russian Chamber of Commerce and Industry. On May 14, the business program, featuring representatives of the Russian Chamber of Commerce and Industry, will continue at the Kazan Expo IEC. Sergey Katyrin will participate in a tour of the exhibition on international cooperation between Russia and the Islamic world and will give a video interview at the TASS news agency stand.On the same day, Sergey Katyrin will moderate the session "Tourism as a Tool for Economic Cooperation between Russia and OIC Countries: From Industrial Routes to Investment Projects," organized by the Russian Chamber of Commerce and Industry.Also on May 14, the Russian Chamber of Commerce and Industry will hold a session titled "Creative Economy: New Export Brands, Industries, and Growth Points." The discussion will focus on developing competitive Russian export brands, promoting creative industries in OIC markets, international cooperation in design, fashion, gallery business, and media, and intellectual property monetization tools. The 17th International Economic Forum "Russia – Islamic World: KazanForum 2026" is being held from May 12 to 17 in Kazan. The forum's theme is "Russia – Islamic World: Trust and Cooperation."KazanForum is one of the key platforms for economic cooperation between Russia and the Islamic world, bringing together representatives of government, business, development institutions, the expert community, and international organizations.The international exhibition "Russia & Islamic World Cooperation Expo" is taking place at KazanForum. The exhibition features investment and infrastructure projects, technology alliances, B2B initiatives, regional stands, products from large businesses and SMEs, as well as solutions in Islamic finance and mechanical engineering. The exhibition focuses on export development, production localization, cross-border investment, and industrial cooperation between Russia and the Islamic world. Press Service of the Russian Chamber of Commerce and Industry
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On The Occasion Of Victory Day Delegation Of The Chamber Headed By Sergey Katyrin Laid Wreaths To The Tomb Of The Unknown Soldier And Monument to Marshal Zhukov09.05.2026On May 6, employees of the Chamber of Commerce and Industry of the Russian Federation and its subsidiary organizations laid a wreath and flowers at the Tomb of the Unknown Soldier near the Kremlin Wall and at the monument to Marshal of the Soviet Union Georgy Zhukov.The ceremony took place ahead of the 81st anniversary of Victory in the Great Patriotic War, which will be celebrated on May 9, 2026.The tribute was paid by the President of the Chamber of Commerce and Industry of the Russian Federation, Sergey Katyrin, and Vice Presidents Elena Dybova, Vadim Chubarov, Vladimir Padalko, and Denis Frantsuzov.The wreath-laying ceremony was attended by Vladimir Strashko, General Director of PJSC WTC, Marat Bimatov, General Director of ANO SoyuzExpertiza, Sergey Selivanov, Deputy General Director of JSC Expocentre, and representatives of other subsidiary organizations. Earlier, Sergei Katyrin laid flowers at a memorial plaque in the Chamber's main building on Ilyinka Street, bearing the names of the All-Union Chamber of Commerce employees who died at the front."During the country's most difficult times, the Chamber's activities were entirely focused on assisting the front, collecting and analyzing technical and economic information on strategic raw materials, and developing and publishing manuals and drawings. Men of draft age went to the front to honorably fulfill their duty to the Motherland," Sergei Katyrin noted in his official Victory Day congratulations.According to him, this day is forever inscribed in the history of our country as a symbol of the unwavering patriotism and unparalleled courage of the Soviet people, selflessly devoted to their homeland. By Nail Shakhvaliev, Press Service of the Chamber of Commerce and Industry of the Russian Federation
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The Chamber Hosted Round Table «Russia - Sahel States: Prospects for Business Cooperation»30.04.2026On April 28, the Chamber of Commerce and Industry of the Russian Federation hosted a round table titled «Russia - Sahel States: Prospects for Business Cooperation.» The event brought together representatives of federal authorities, development institutions, the expert community and business associations. The participants discussed the current state of bilateral business cooperation and developed recommendations for addressing existing challenges faced by Russian companies working with partners in the African subregion. Opening the meeting, Vladimir Padalko, Vice-President of the Chamber, emphasized that the current economic and political situation in the Sahara-Sahel zone is characterized by a number of deep structural problems. Among the factors objectively limiting the business activity of Russian companies, he mentioned unreliable energy infrastructure, shortcomings in the financial system, including limited access to lending and the absence of investment protection mechanisms, difficulties in transporting export-import cargo, including high transport costs, as well as the difficult domestic political situation marked by increased activity of radical groups. Mikhail Shulgin, Deputy Director of the Department for Sub-Saharan African States of the Russian Ministry of Foreign Affairs, briefed the participants on the current situation in the region and the state of Russia’s bilateral contacts with the Sahel states. He outlined priority areas of cooperation and noted the importance of expanding trade, economic and investment cooperation, taking into account the existing potential. Dmitry Poduev, Deputy Director of the Department of International Cooperation of the Russian Ministry of Energy, emphasized that the Sahel is viewed as a macroregion that makes it possible to build a comprehensive approach to promoting Russian interests. According to him, given the continued imbalance in the trade structure toward Russian exports, it is important to identify niches both for supplies of Russian goods and for possible imports from the countries of the region, which could also help reduce logistics costs. Nikita Ponomarenko, Director of the International Initiatives Division of the Agency for Strategic Initiatives, spoke about approaches to developing initiatives for cooperation with the Sahel countries and creating mechanisms that could help involve companies, including medium-sized businesses. He noted that the countries of the region face complex challenges, while promising solutions lie at the intersection of water, energy and food security, personnel training and the introduction of adapted technological solutions. Alexander Tysyachnikov, Expert of the Scientific Council of the Russian Association of Freight Forwarding and Logistics Organizations, presented an assessment of logistics constraints in working with West African countries, pointing to the high dependence on foreign carriers and the difficulty of building sustainable routes. During the discussion, the participants also emphasized the need to develop settlement infrastructure and instruments that would allow businesses to reduce risks when implementing foreign trade projects. Pavel Shibilov, International Development Project Manager at the Russian Export Center, spoke about the current formats of the REC’s cooperation with the Sahel countries and emphasized its readiness to consider incoming initiatives aimed at supporting projects in the region. He noted that a significant share of transactions may be carried out through third jurisdictions, which makes it more difficult to reflect such operations in statistics, while interest in Russian goods and solutions in this area remains. Denis Degterev, Chief Research Fellow at the Institute for African Studies of the Russian Academy of Sciences, stated that the sustainable promotion of projects in the Sahel countries requires deeper analytics and project support, including an understanding of sectoral specifics and local operating conditions. He emphasized the importance of adjusting legal conditions, payment mechanisms and project management approaches, and also noted the prospects of digital solutions that make it possible to develop certain areas of cooperation without a large-scale physical presence. The discussion was also attended by Sergey Kononenko, Deputy Chairman of the Mining Association; Mikhail Smirnov, President of the Energy Innovative Enterprises Association «EnergoInnovation» and member of the Chamber’s Committee on Energy Strategy and Fuel and Energy Complex Development; Yuri Petrov, Advisor to the Director General for International Cooperation at the Directorate of International Transport Corridors; and Mikhail Vasilyev, Moscow Government Expert on Sahel Countries. Following the round table, a decision was made to establish a Consulting Center at the Chamber. Its mandate will include forming a pool of Russian companies interested in mutual trade and cooperation with the Sahel states, with a focus on implementing targeted projects in key sectors, including agriculture, the food industry, mining of non-ferrous and rare metals and ores, construction and energy. Department of External Relations, Sergey Markelov
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The Chamber Held An Extended Meeting With Reps Of Diplomatic Corps Of ASEAN Member States21.04.2026On April 21, 2026, the Russian Chamber of Commerce and Industry held a meeting with the leadership and representatives of the diplomatic corps of the Association of Southeast Asian Nations (ASEAN).The meeting was moderated by Vladimir Padalko, Vice-President of the Chamber of Commerce and Industry. He noted that similar events had previously been held regularly at the Chamber, but were unfortunately interrupted by the pandemic. "Today, against the backdrop of the global restructuring of global economic relations, we consider our meeting necessary and timely. I am grateful to all of you for finding the opportunity to attend in person," said the Vice-President of the Russian Chamber of Commerce and Industry.We had two main goals in organizing today's meeting, Padalko said: first, to "synchronize watches" and develop a consolidated approach to the further development of trade and economic cooperation between Russia and ASEAN countries in the new environment; Secondly, establishing closer working contacts between the embassies and trade missions of ASEAN countries in Moscow and all elements of the Russian Chamber of Commerce and Industry (RCCI) across the entire spectrum of business issues. Vladimir Padalko stated that today the Chamber is the largest association of entrepreneurs in Russia, with a broad regional network represented by 130 chambers of commerce and industry in 220 cities across the country. "The Chamber has over 57,000 direct members. Our system includes organizations such as the World Trade Center (WTC), EXPOCENTRE, the International Commercial Arbitration Court, SOYUZPATENT, SOYUZEKSPERTIZA, and other entities providing services to businesses. As for the Southeast Asian region, developing ties with it is one of the priorities of our international activities. The Russia-ASEAN Business Council, as well as six country business councils – with Thailand, Vietnam, Singapore, Malaysia, Indonesia, and Myanmar – serve as the backbone of efforts to expand practical ties between entrepreneurs. Since September 2021, the RF CCI regional office in ASEAN countries, headquartered in Jakarta, has been operating. Today, against the backdrop of the new global economic environment, we see that Russian businesses' interest in working with ASEAN partners has grown significantly, which in turn is reflected in trade statistics," emphasized the Chamber Vice-President. According to Vladimir Padalko, the main problem hindering the expansion of business ties remains the lack of up-to-date information on the opportunities in their respective markets among Russian and ASEAN business circles. The Chamber, with its extensive membership base, is ready to facilitate the exchange of business information between entrepreneurs. Another important aspect of this work is expanding regional ties. "Our regional chambers of commerce and industry are ready to work with ASEAN businesses, and the federal CCI will facilitate this as much as possible," he stated. Vadim Chubarov, Vice-President of the Chamber, then spoke at the meeting, presenting the Chamber's legal activities. Specifically, he stated that the Chamber is home to one of the leading arbitration institutions in Russia and the world—the International Commercial Arbitration Court (ICAC), founded in 1932. In terms of the number of international commercial disputes handled annually, the ICAC outstrips leading European arbitration institutions, particularly the London Court of International Arbitration and the Arbitration Court of the Stockholm Chamber of Commerce. According to Chubarov, even under the current sanctions against Russia, most countries fulfill their obligations under the 1958 New York Convention—a key multilateral international treaty that ensures the enforcement of arbitral awards in more than 170 countries worldwide. Maxim Fateev, CEO of Expocentre JSC, then spoke about his organization's activities in organizing international specialized exhibitions and fairs. He stated that participation in exhibitions gives companies the chance to gain visibility without spending large amounts on advertising and invited Asian diplomats to collaborate.Speakers at the meeting included Boris Stupnitsky, President of the Primorsky Krai Chamber of Commerce and Industry (via Video conference call), Vladimir Platonov, President of the Moscow Chamber of Commerce and Industry, Yuri Barzykin, Chairman of the Russian Chamber of Commerce and Industry's Committee on Tourism Entrepreneurship, Nikolai Volobuyev, Chairman of the Russian-Singapore Business Council, Mikhail Smirnov, President of the Energy Innovative Enterprises Association "EnergoInnovation," Mikhail Kuritsyn, Chairman of the Russian-Indonesian Business Council, Alexey Kravchenko, Executive Director of FESCO Integrated Transport LLC, Vladimir Kovalev, Executive Director of the Russian-Thai Business Council, and Dmitry Antonov, Chairman of the Business Council for Cooperation with Pakistan. In their presentations, the speakers emphasized the prospects for expanding cooperation with the Southeast Asian region in specific sectors, presenting a number of substantive proposals. At the end of the meeting, Vladimir Padalko thanked the representatives of the diplomatic corps. By Peter Cheremushkin
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Vice-President Of The Chamber Ilya Zubkov Met Director General Of The Kenya National Employment Authority (NEA) Edith Okoki15.04.2026On April 14, a delegation from the Republic of Kenya, led by Edith Okoki, Director General of the National Employment Authority, visited the Chamber of Commerce and Industry of the Russian Federation. They were received by Chamber Vice-President Ilya Zubkov. In his welcoming address, Ilya Zubkov described the Chamber's activities as the largest association of entrepreneurs operating throughout Russia, from Kaliningrad to Vladivostok, comprising 130 regional chambers and 170 branches. Ilya Zubkov noted that Kenya is among the top ten African countries in terms of trade turnover with Russia. Kenya's main exports to Russia are tea, coffee, and spices. He recalled that diplomatic relations between our countries were established in 1963. On December 6, 2024, Russian Chamber of Commerce and Industry President Sergey Katyrin met with the newly appointed Ambassador of Kenya to Russia, Peter M. Matuku. According to Ilya Zubkov, the growth of trade between our countries is showing stable momentum, and there is potential for mutual development of business contacts. To achieve this, it is necessary to intensify information exchange so that businesses are well aware of the opportunities to enter the partner country's market and the rules of operation there, he noted. In our future work with our Kenyan partners, he said, we recognize the significant potential for cooperation, particularly in areas such as agriculture and tourism. This potential can also be realized through expanding direct contacts between the business communities of our countries. The primary focus is developing cooperation with Russian regions, which includes regional chambers of commerce and industry, the Chamber's Vice-President emphasized. Edith Okoki, Director General of the National Employment Authority, said that her agency operates within the Kenyan Ministry of Labour and focuses on labor mobility issues. "We have a young and rapidly growing population," she said, noting that Kenyans easily adapt to the conditions of other countries and quickly acquire the skills required in the labor market. The meeting was attended by Alexander Antonov, Director of the Department of Regional Development of the Russian Chamber of Commerce and Industry; Vasily Kuznetsov, Director of the Department for Work with Branches and Representative Offices of Foreign Legal Entities; Nina Kobyakova, Deputy Director of the Department of Project and Investment Activities; and others. Gaudencia Ayisi, Minister Plenipotentiary of the Embassy of Kenya in Russia, also participated in the meeting. By Peter Cheremushkin, Press Service of the Russian Chamber of Commerce and Industry
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Sergey Katyrin: "We Have Maintained Trade And Economic Relations With All Countries Of The Islamic World"15.05.2026Russia has managed to maintain trade and economic relations with all countries of the Islamic world and will be able to increase trade with Oman in the future, because of the closure of the Strait of Hormuz. Sergey Katyrin, President of the Chamber of Commerce and Industry of Russia told TASS in an interview on the sidelines of the 17th International Economic Forum "Russia - Islamic World: KazanForum." "Considering the current conditions, including the closure of the Strait of Hormuz, I think Oman is the most promising country. They have a very large delegation (arriving at the KazanForum), about 60 people. They also understand that Oman is becoming a key country today, one through which logistics can be carried out, both in terms of human traffic and cargo flow, and so on." "Therefore, it seems to me that this country itself is rapidly growing and promising, and due to circumstances, this strengthens their opportunities and role in this region," he said. Sergey Katyrin noted that Turkey, Saudi Arabia, and the UAE dominate the structure of trade turnover among Islamic countries. Fruitful relations are also developing with the Saudis."The most important thing for us is that, despite all the ups and downs, Russia has managed to maintain relations with all Islamic countries; not a single Islamic country has supported any sanctions. <…> We have worked with them, are working with them, and will continue to do so. But we are not refusing to work with all countries—both those under sanctions and those not under sanctions <…>—on equal, normal terms. But the countries of the Islamic world, I repeat, are a particular concern for us, because we have very smooth, good relations through our chambers of commerce and industry and through business councils, and we are striving to maintain this," the agency's source added."We have the American Chamber of Commerce in Russia, based in Moscow. The European Chamber is primarily made up of German companies that have remained and are operating in Russia. The Italian-Russian Chamber brings together Italian businesses that have remained and are operating. And we work with everyone. We say, "Guys, we're ready to work with anyone who wants to work with Russia on equal, normal terms." If you can't overcome your policies, sanctions, and so on, that's your business. But if you have the resources, you're ready. We're open to dialogue and ready to work. There are no restrictions. The 17th International Economic Forum "Russia - Islamic World: KazanForum" is taking place from May 12 to 17 in Kazan. TASS is the event's general information partner. Source: tass.ru
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Vladimir Padalko: The Chamber Is Ready To Become Main Gateway For Business From ASEAN22.04.2026The Russian Chamber of Commerce and Industry intends to become a key platform for building business ties between Russian and ASEAN businesses. This was announced by Vladimir Padalko, Vice President of the Russian Chamber of Commerce and Industry, during a meeting with the leadership and representatives of the diplomatic corps of ASEAN countries, which took place at the Chamber on April 21.The meeting served as a resumption of regular dialogue interrupted during the pandemic. According to Padalko, this format has become especially relevant today."Against the backdrop of the global restructuring of global economic relations, we consider our meeting necessary and timely," the Vice-President of the Russian Chamber of Commerce and Industry noted.The meeting had two goals: developing a consolidated approach to developing trade and economic cooperation between Russia and ASEAN in the new environment, and establishing working contacts between the embassies and trade missions of the region's countries and the entire Russian Chamber of Commerce and Industry system. Vladimir Padalko emphasized that Russian business interest in partners from Southeast Asia has grown significantly amid the new foreign economic environment, which is already reflected in trade statistics. The Russia-ASEAN Business Council and six business councils—with Thailand, Vietnam, Singapore, Malaysia, Indonesia, and Myanmar—serve as key instruments in this work. Since 2021, the Russian Chamber of Commerce and Industry has had a regional office in ASEAN countries, headquartered in Jakarta.However, according to Padalko, the main constraint to expanding business ties remains the lack of up-to-date information about market opportunities on both sides."Our regional chambers of commerce and industry are ready to work with ASEAN businesses, and the federal Chamber will facilitate this as much as possible," he stated.At the end of the meeting, the Vice president of the Chamber invited representatives of the diplomatic corps to more actively utilize the Chamber's foreign economic tools. "We expect the Russian Chamber of Commerce and Industry to become the primary gateway for businesses from Southeast Asian countries. Our doors are always open," concluded Vladimir Padalko.
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Sergey Katyrin On Changing Logistics For Russian Business On The Global Market After The Conflict Over Iran03.03.2026The tense situation surrounding Iran requires more precise transaction calculations and diversification of logistics channels for Russian businesses when working with all Persian Gulf countries, Sergei Katyrin, President of the Russian Chamber of Commerce and Industry, said to RIA Novosti."The current situation surrounding Iran has specific economic parameters that directly impact trade in the Persian Gulf region and the activities of Russian companies," he said.According to him, insurance rates for vessel transit through the Persian Gulf have tripled on average. "This adds hundreds of thousands of dollars to the cost of a single voyage for a large vessel and is automatically factored into the delivery price. For container shipping through Gulf ports, tariffs are increasing by 20-40% on certain routes, and delivery times are also increasing," the agency's source emphasized.The region is of practical importance for Russian trade; according to the Ministry of Economic Development, Russia's trade turnover with the UAE exceeded $12 billion in 2025. The country has entered Russia's top 10 trading partners. Cooperation with Saudi Arabia, Qatar, Oman, and Kuwait is also actively developing—in energy, food supplies, equipment, and investment projects, the head of the Russian Chamber of Commerce and Industry recalled."The rise in logistics costs and insurance premiums is reducing the profitability of trade operations and increasing working capital requirements. Companies are forced to revise contract terms, insurance risk allocation, and supply routes," Katyrin explained."For Russian businesses, this means the need for more precise transaction calculations and diversification of logistics channels when working with all Persian Gulf countries," he concluded.
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Vadim Chubarov: Rosenberg Moot Expands Geography and Attracts Participants From New Countries12.02.2026On March 27, 2026, the Congress Center of the Chamber of Commerce and Industry of the Russian Federation will traditionally host the final of the XIII M.G. Rosenberg International Commercial Arbitration Moot
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The US District Court Granted A Petition For Recognition Of Awards By The International Commercial Arbitration Court With The Russian Chamber of Commerce and Industry Against US Company, Citing The Need To Comply UN New York Convention20.01.2026The US District Court for the District of Columbia granted a petition for recognition and enforcement of three awards by the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry against a US company, citing the need to comply with the 1958 UN Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention). This was announced by Vadim Chubarov, Vice-President of the Russian Chamber of Commerce and Industry.According to Chubarov, in 2024, a panel of arbitrators at the International Commercial Arbitration Court, consisting of representatives from Germany, the US, and Russia, issued three awards in favor of the Russian non-profit organization TV Novosti.After winning the cases in the ICAC, TV Novosti assigned its rights to Satori Agricultural Consultancy and Projects Management LLC (SCM) from the United Arab Emirates. Subsequently, TV Novosti was subject to personal sanctions by the United States, prohibiting the transfer of property located in the country without permission from the Office of Foreign Assets Control (OFAC).Considering that the defendant—the American company T&R Productions LLC—was duly notified of the proceedings but failed to ensure the appearance of its representative, the District Court for the District of Columbia issued a default judgment on January 8, 2026. The court granted the plaintiff's claims under all three ICAC arbitration awards for a total of $13,984,502, including interest on the outstanding balance to the date of the judgment.In considering the application for recognition and enforcement of ICAC awards, the American court relied on the provisions of the New York Convention, the US Federal Arbitration Act (FAA), and US case law on the recognition of foreign arbitral awards.As Chubarov noted, the court's conclusion that TV Novosti's placement under US personal sanctions does not constitute grounds for refusing to recognize and enforce the ICAC awards in this case is fundamentally important. The court noted that the sanctions were imposed following the transfer of rights to the UAE company, and the provisions of the New York Convention on public order are subject to a narrow interpretation and apply only in cases where an arbitral award "manifestly undermines the public interest, public confidence in the administration of justice, or the security of individual rights, freedoms, or private property."Even in the case of a hypothetical violation of the sanctions regime, as follows from the default judgment, US courts consistently assume that the New York Convention's public order clause is not intended to elevate "the vicissitudes of international politics" to the level of public order, and that there is a distinction between the US "public order" and its national political interests. According to the Vice President of the Russian Chamber of Commerce and Industry, this position is particularly significant in the context of the US commitment to the fundamental provisions of the 1958 New York Convention and contrasts with the approach of a number of EU courts, which interpret unilateral sanctions as an element of national public order, allowing for the suspension of enforcement of foreign arbitral awards, including individual ICAC awards.The Russian Chamber of Commerce and Industry will continue to clarify its position, which is similar to that of the US court and assumes a full interpretation of the provisions of the New York Convention, Chubarov emphasized.
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Sergey Katyrin Sees No Grounds For Force Majeure In Transactions With Venezuela15.01.2026There are currently no grounds for recognizing force majeure in foreign trade transactions with Venezuela, Sergei Katyrin, head of the Chamber of Commerce and Industry of the Russian Federation, told reporters."The chamber has the authority, granted to it by the country's government, to issue documents on force majeure. Recently, entrepreneurs have been contacting us asking whether there is force majeure in Venezuela. As of today, there are no circumstances that we could consider force majeure," he said.Katyrin emphasized that as the situation develops, an understanding of what restrictions may apply will develop.According to the Russian CCI, from the beginning of 2020 to date, approximately 2,000 force majeure certificates for foreign trade transactions have been issued to entrepreneurs within the chamber system. "A significant increase in foreign trade contract requests occurred in 2022 after the imposition of sanctions. Previously, a surge was recorded during the pandemic in 2020," the chamber noted. On January 3, US President Donald Trump announced a military operation in Caracas, which resulted in the capture of Venezuelan President Nicolás Maduro and his wife by US forces. On January 5, they appeared in federal court for the Southern District of New York. They are accused of involvement in drug trafficking. Maduro and his wife pleaded not guilty. Delcy Rodriguez, who served as Maduro's executive vice president, is acting head of state in Venezuela. Trump previously stated that the US would assume temporary control of Venezuela. Source: tass.ru
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Sergey Katyrin Evaluated The Status Of US Companies Working In Russia As Sustainable15.01.2026American companies that continued operating in Russia after 2022 are generally stable and demonstrating a pragmatic approach to doing business. Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, told RIA Novosti. "According to experts estimates, approximately 700 American companies were represented on the Russian market before the beginning of 2022. Currently, according to various estimates, approximately 40-50% of them continue to operate or provide services to businesses. This suggests that American businesses, focused on long-term economic efficiency, have managed to adapt to the new conditions and maintain their position in Russia, and are generally stable," he said. According to him, the greatest decline in presence occurred in the IT, telecommunications, and manufacturing sectors, while companies involved in local production, services, and the real sector of the economy, in some cases, continued to operate. At the same time, Katyrin noted that the departure of a significant number of American corporations from the Russian market resulted in significant financial losses for them. In particular, the Russian Direct Investment Fund estimated their lost profits at $300 billion, he recalled. "We will continue to proceed from the premise that developing business ties with foreign partners is in the interests of sustainable economic growth. Where there is mutual interest and economic feasibility, business will always find a way to cooperate," the head of the Chamber concluded. Source: ria.ru
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Sergey Katyrin Evaluates Prospects For Trade Growth With Africa18.10.2025Russia and Africa could significantly increase their mutual trade by the end of the decade, reaching approximately $50 billion, Sergey Katyrin, head of the Russian Chamber of Commerce and Industry (CCI), told TASS. "Over the past five years, Russia's trade turnover with African countries has grown by more than 60% – from $16.8 billion to $27.7 billion. This is an impressive growth rate, and we are confident that by the end of the decade, this figure will reach approximately $50 billion," Katyrin said. He explained that this growth is primarily due to expanded supplies of food, mineral fertilizers, energy, as well as engineering and chemical products. Currently, areas related to agricultural technology, agricultural processing, logistics, and construction are actively developing. Katyrin also noted that the share of settlements in national currencies is increasing, making trade more resilient to external fluctuations. "We are seeing growing demand for Russian goods and technologies. The African market requires infrastructure in the areas of subsoil use, digitalization, nuclear and hydropower, and Russia has the experience and expertise to create it. This is the source of further growth—the transition to integrated industrial and technological projects," emphasized the head of the Russian Chamber of Commerce and Industry.According to him, the African continent today is not only the market of the future but also a zone of active economic growth. "Cooperation between our countries is developing confidently, despite external constraints. A special investment mechanism has been launched to support Russian companies operating on the African continent. We highly value the prospects for interaction between African institutions and BRICS, the EAEU, and the SCO. Of the world's 20 fastest-growing economies, 12 are in Africa—this is a compelling signal for investors," Katyrin added.The Russian auto industry could become a growth area for exports to Africa. Russia can offer its African partners not just cars, but comprehensive solutions, including spare parts and repairs, Sergei Katyrin, President of the Russian Chamber of Commerce and Industry (CCI), told RIA Novosti."The automotive sector could become a growth area for exports and industrial cooperation between Russia and Africa," he said.Sergey Katyrin noted the sustained interest of African countries in Russian automotive products. "GAZ is already represented in Morocco through dozens of dealerships, and KAMAZ is negotiating localized production with several African countries," the agency's source noted.The head of the Chamber added that the development of local assembly will be a priority: such projects reduce logistics costs, create jobs, and offer vehicles adapted to local operating conditions."Russia is ready to offer not just cars, but comprehensive solutions—trucks, vans, minibuses, and SUVs with a high degree of durability, the ability to be repaired in difficult conditions, and readily available spare parts," Katyrin concluded.
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Sergey Katyrin: Increase In Labor Migration From India To Russia Is A Response To An Objective Labor Shortage23.09.2025The increase in labor migration from India is a response to an objective labor shortage, primarily in construction and the service sector (restaurants, retail, cleaning, and maintenance companies). This is an advantage for businesses, as it helps fill labor shortages and ensure timely contract fulfillment. For the workers themselves, it's also an opportunity: wages in Russia are one and a half times higher than in their home countries. However, this process also has its downsides. This concerns not only competition in the low- and semi-skilled labor market, but also social adaptation: it's necessary to build systems for language training, cultural integration, and monitoring of working conditions. This trend is likely to continue in 2026. Businesses will continue to seek people where they can be found. Russia has traditionally relied on migration from CIS countries—Uzbekistan, Tajikistan, and Kyrgyzstan. These flows will remain significant, but their resources are limited: competition for labor is intensifying within these countries, and the markets of Turkey and the Middle East are increasingly becoming involved. Southeast Asian countries such as Vietnam, Bangladesh, and Nepal have potential. Their demographic base allows for the formation of large groups of migrant workers willing to sign long-term contracts. These destinations are attractive to Russia, but require the creation of more transparent recruitment and onboarding channels. However, I believe it's also important to consider that relying solely on foreign workers hinders the development of mechanisms for increasing labor productivity and automation. For Russia, it's crucial to combine the attraction of migrants with programs for training its own workforce and implementing new technologies. For Background The flow of Indian labor migrants to Russia has increased sharply, increasing by almost 25% compared to the previous year. In the construction and service sectors, they earn salaries that are, on average, 60% higher than in their home countries. The 2025 quota for Indians has reached 71,800 out of a total quota of 234,900, due to a severe labor shortage.
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Sergey Katyrin: US Import Duties On Russia Will Cause Boomerang Effect And Damage American Economy16.07.2025The introduction of duties on Russia and its trading partners by the United States will cause a boomerang effect and will primarily damage the American economy itself. This opinion was expressed to TASS by the head of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin. Earlier, US President Donald Trump said that the Washington administration intends to introduce import duties of about 100% on Russia and its trading partners if Moscow and Washington do not agree on a settlement in Ukraine within 50 days."If such measures are actually implemented, they will boomerang on the American economy itself. The consequences will be felt by both consumers and producers tied to supplies from countries against which restrictions may be imposed. We have already seen how such steps lead to higher prices, disruptions in logistics and a narrowing of the choice of goods on the US market," he noted.According to the head of the Chamber of Commerce and Industry, these measures will not significantly affect the economic stability of Russia, which in recent years has built strong ties with a broad coalition of partners from the CIS, Asia, Africa and Latin America."Our exports are sufficiently diversified, and the domestic production base is developing. Therefore, politically motivated duties are more likely to demonstrate a crisis of confidence in the global trading system than to cause serious damage to our economy," emphasized Sergei Katyrin. Source: tass.ru
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Vice-President Of Chamber Yelena Dybova: Russia Can Ensure Breakthrough In Agricultural Exports If Three Conditions Are Met01.07.2025Russian agricultural exports, which reached $44.5 billion in 2024 with a 5% increase compared to the previous year, are demonstrating stable positive dynamics, but these figures hide serious structural problems that require immediate solutions. This was reported by Vice President of the Chamber of Commerce and Industry of the Russian Federation Yelena Dybova.“The main problem is that 70% of our exports are raw materials - grain, oil, fish, while deep processing products account for less than 10%, which is significantly lower than the indicators of our competitors such as Brazil and the EU, where this figure exceeds 30%,” she notes.The key factors limiting the development of the industry are the congestion of the Black Sea ports and high railway tariffs, technological dependence on imported seeds and equipment, as well as unaffordable credit rates for many producers, which are 2-3 times higher than those of foreign competitors.To ensure a qualitative breakthrough in agricultural exports, it is necessary to focus on three main areas, Dybova believes."Firstly, it is critically important to focus on deep processing of agricultural raw materials, which requires an urgent revision of the List of high-tech products with the inclusion of at least 40 new items proposed by the National Union of Exporters," she said.Secondly, the vice-president of the Russian Chamber of Commerce and Industry continued, it is necessary to develop the direction of "green" exports, including organic products, where Russia is still significantly behind (there are only 242 producers in the register), and regional brands, out of 380 registered geographical indications and names of places of origin of goods, only a few are actively promoted. Here it is worth adopting the experience of France, where hundreds of millions of euros are allocated to support geographical indications, and creating a similar program with the participation of the Russian Export Center, the expert believes.Thirdly, according to her, a radical improvement of the logistics infrastructure is required through the development of the North-South corridor, the Far Eastern cluster, increasing the capacity of the Northern Sea Route and increasing subsidies for transport costs."To implement these areas, it is necessary to adopt a set of support measures, including financial (reducing interest rates for processors to 5-7% and expanding the practice of settlements in rubles and yuan), infrastructural (modernization of 30-40% of grain storage facilities and construction of new port facilities) and regulatory (simplification of certification for Asian and Middle Eastern markets and the creation of a "green corridor" for exporters)," Dybova listed.If the current dynamics are maintained, there is a possibility of reaching an export volume of 60 billion dollars by 2030. But to do this, it is necessary to increase the share of processed products to 25%, develop 5-7 new markets in Africa and South Asia, and reduce logistics costs by 15-20%, otherwise there is a risk of remaining in the role of a raw materials appendage, despite all the current successes."The RF CCI, headed by its president Sergei Katyrin, is participating in the preparation of comprehensive proposals for solving these strategic tasks. These initiatives are not just recommendations, but the preparation of a specific roadmap that will allow Russia not only to maintain, but also to strengthen its leadership position in the global agri-food market in the context of increasing international competition and sanctions pressure," Dybova added. Source: kapital-rus.ru
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Katyrin: Primakov's Ideas Remain Relevant Today In Conditions Of Global Turbulence26.06.2025The ideas and approaches of Yevgeny Primakov to foreign policy and economics continue to play an important role in the modern international agenda. This was stated by the President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin in a special column "Opinions" published in the "Rossiyskaya Gazeta" on the occasion of Yevgeny Primakov's memorial day. "Ten years have passed since Yevgeny Maksimovich is no longer with us, but his approaches remain alive and in demand. He did not simply analyze what was happening - he formed decisions that stand the test of time. The model proposed by Primakov - from the idea of a multipolar world to pragmatic economic diplomacy - continues to be relevant even in conditions of high international instability," the President of the Chamber emphasized.Sergey Katyrin recalled that Primakov headed the Chamber of Commerce and Industry in the early 2000s, during the period when the main institutions of economic interaction were being formed. During his decade of leadership, the Chamber has become an even more influential and respected organization, capable of defending the interests of business at the national and international levels.On Primakov's initiative, a sustainable mechanism for the participation of the RF CCI in legislative work was developed, which is still in effect today. Under him, the formation of a system of bilateral business councils began - an instrument that gave a new impetus to foreign economic cooperation of businesses. Now there are 76 such councils, and they continue to work effectively, despite the limited political dialogue with a number of countries.Primakov paid special attention to the more active development of the regional network of chambers. He emphasized that support for entrepreneurship is impossible without strong and active representatives in the constituent entities of the Russian Federation. It was with his participation that systematic work was launched to strengthen the role of regional chambers as centers of business life on the ground - with competencies, authority and the right to vote in the regional agenda."He was not just a leader - he was a man of strategic thinking, with deep personal responsibility to the country. He knew how to unite a team, charged with an idea, inspired with deeds, and not just words. For the entire CCI system, his approach remains a benchmark. We continue his work, relying on the foundation he created," Katyrin added. Yevgeny Primakov (1929-2015) - Russian and Soviet statesman, diplomat, scientist, academician of the USSR Academy of Sciences. In different years, headed the Foreign Intelligence Service, the Ministry of Foreign Affairs of Russia, the Government of the Russian Federation. From 2001 to 2011 - President of the Chamber of Trade and Commerce of the Russian Federation.
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AmCham President Robert Agee: Business Should Not Be Drawn Into Politics29.10.2025In an interview with TASS, Robert Agee, President of the American Chamber of Commerce in Russia (AmCham Russia), shared his views on how cooperation between American and Russian businesses will develop, as well as whether we should expect a quick return of US companies to Russia. You've lived in Moscow for over 30 years and led the chamber through various challenging periods. In 2022, you declared that investment and trade were the "path to peace." Do you believe this strategy has been successful? How does your personal experience influence your approach to protecting the interests of American businesses in today's reality? Yes, in 2022, when companies began urgently leaving the Russian market, many corporate headquarters contacted us and asked our opinion on their exit. We explained that whether or not to leave was their decision, but the main risk was that they would lose market share, which, given the intense competition from Chinese companies, would be extremely difficult to regain. History has seen cases where, after sanctions, many companies left the countries targeted, and they were never able to regain their former market positions. In early 2025, you suggested that, under certain conditions, four or five American companies, primarily from the FMCG sector, could return to Russia. Has this assessment changed? What are the main questions companies are asking you today about returning or continuing to operate in Russia? Yes, we assume that some companies will return after a peace agreement is reached and sanctions are lifted. And then, the situation will likely develop as follows: the easiest return will be for those companies whose activities and industries are not subject to sanctions, and this is the true FMCG sector. Another issue is that not many companies in this sector have left the Russian market precisely because they are not subject to sanctions. But if we're talking about those companies that, having been subject to US sanctions, were unable to continue their operations, they will only be able to return once the sanctions are lifted from their specific sector. We hope that these sectors will include high-tech, energy equipment, aviation, and luxury goods. As for the main questions companies are currently addressing, they are, of course, the conditions for return to Russia. Not only must US sanctions be lifted, but the conditions Russia will impose must also be clear. In 2023, the Russian Chamber of Commerce and Industry and AmCham confirmed continued working collaboration. What strategic objectives in business relations between the two countries is this interaction aimed at this time? We believe it is crucial to create projects that foster collaboration between Russian and American businesses. Previous business models will likely no longer work, and new models of interaction need to be developed—these could include payments for technology, joint ventures, and contract manufacturing. Therefore, our current task, together with the Russian Chamber of Commerce and Industry, headed by Sergey Katyrin, is to develop such models and identify projects that could be of interest, for example, to Russian businesses seeking American partners and American businesses seeking to enter the Russian market. What role do you think business associations can play in fostering dialogue in the current complex international environment? What messages from business do you consider most important to convey to policymakers? I believe the key message that needs to be conveyed is that business should not be drawn into politics. We conducted our annual Pulse Survey among American companies continuing to operate in Russia. It turned out that American sanctions are the biggest hurdle for American companies (8 points), followed by Russian retaliatory measures (5 points), and a shared third place between labor shortages and the key interest rate. Accordingly, it turns out that nothing harms business more than political pressure. At the same time, we see that the Russian economy has adapted and is quite resilient, while sanctions harm businesses, particularly foreign businesses that remain in Russia and comply with the laws of their countries and, therefore, do not violate sanctions. TASS
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Sergey Katyrin Outlined Trends Of Russian Economy In Interview With "Business Investment Guide To Moscow"25.09.2025TODAY, TOPICS THAT CAUSED A WHIRLWIND OF DISCUSSIONS AT THE ST. PETERSBURG INTERNATIONAL ECONOMIC FORUM (SPIEF-2025) REMAIN A HOT-POTATO MATTER WIDELY DEBATABLE. FIRST OF ALL, THE FOCUS IS ON THE STATE OF PLAY OF THE NATIONAL ECONOMY IN RUSSIA: IS IT COOLING DOWN OR FREEZ- ING? SERGEY KATYRIN, PRESIDENT OF THE CHAMBER OF COMMERCE AND INDUSTRY OF THE RUSSIAN FEDERATION, PROVIDES THE INSIGHT IN AN EXCLUSIVE INTERVIEW WITH BM MOSCOW FORESIGHT. The economy, definitely, is not “freezing.” The Russian econ- omy and business in Russia proceed along the track of develop- ment; however, they go through a less dynamic phase, through the so-called “cooling” phase. Yet, as representatives of the gov- ernment assured during the SPIEF events, this state of affairs is “manageable” and “correct.” The main thing is that now there are no symptoms of hypothermia. To ensure economic development, of course, the existing interest rates on loans must be decreased. This should be exer- cised smoothly, gradually, but consistently. The optimal result of the Central Bank interest rate adjustment could be a reduc- tion to 12-15%. If business ends up being convinced that there is a solution to move in this direction, then it will inevitably invest into modernization and expansion of production capacity. At the current rate, entrepreneurs, on the contrary, complain that it is next to impossible to launch new investment projects. German Gref (Head of Sberbank) in his speech at SPIEF point- ed out to the fact that the volume and quality of investment pro- posals from companies that Sberbank is in position to support have significantly diminished. How can this be explained and for how long would this trend persist? No sense to worry about Sberbank, a large portfolio of ear- lier approved projects has been formed. The fact that entre- preneurs do not make new investment proposals is explained by the high rates. This trend cannot persist for a long time, because the country is on a mission of achieving technologi- cal sovereignty. Nevertheless, one should not expect a signif- icant surge in the number of new investment projects, just as one should not expect a radical rate cut. At the same time, in the current environment, it is quite possible to expect - especially since this is already happening - the expansion of partnerships and promotion of internation- al projects. We are dynamically moving forward along several lines at once: these are trails offered by the EAEU, the SCO, and the BRICS. The fundamental principles laid down in the foundation of all these international associations amount to mutual assistance and cooperation. Restrictions existing in one of the countries may be offset by their absence in anoth- er one, which, in return, could provide, for example, reduced customs duties. Ultimately, this is how a mutually beneficial relationship works. Is the return of foreign companies to the Russian market pri- marily a challenge for the business community or, if a special antimonopoly control mechanism is effective, it entails new op- portunities? First of all, there is no need to discuss mass return of foreign companies. Some large corporations, indeed, are considering a comeback, but there are no specific agreements yet. Certain difficulties for our entrepreneurs may arise, for example, when promoting new products. In the context of a high bank credit rate, it is challenging for domestic manufacturers to conduct large-scale advertising campaigns; international players have a wider choice of opportunities on this terrain. And yet, foreign companies cannot count on any privileges. Their return will be regulated at the legislative level: in addition to antitrust control, compensation, technology and equipment transfer will be taken into account. Domestic manufacturers, on the contrary, will continue to receive government support measures designed in recent years, such as the mechanism of a special investment contract (SPIC 2.0), subsidies for R&D, pref- erential loans from the Industrial Development Fund. Of course, after the return of foreign companies, competi- tion in the Russian market will escalate. Nevertheless, it will be much more difficult for the “returnees” to gain the upper hand in this competition. Presently, BRICS countries make transactions in national cur- rencies. What are the prospects for using digital currencies of central banks, for example, the digital yuan and the digital ruble? Although this topic is at the core of many discussions, if we make an overview of global practices, digital currencies of central banks are still rare: only Nigeria, Zimbabwe, Jamaica, and the Bahamas announced a full launch. The Russian Central Bank recently postponed the massive introduction of the digital ruble until September 1, 2026. I be- lieve that it is not unreasonable: if you launch the mechanism in a semi-working state of play, then there will be a threat to cross-border financial settlements and it might create repu- tational risks that the Russian economy cannot afford. I must say that our Chinese colleagues, like other BRICS countries, are also in no hurry. In the future, the digital ru- ble and the digital yuan can for sure become a key mech- anism for cross-border settlements: according to experts, their use will be cheaper than non-cash currency. Howev- er, it is necessary to move towards this goal only with full confidence in the high quality of technology and the safety of all participants. Can we expect the emergence of new investment platforms within the BRICS association? The creation of a platform for financial settlements and investments and the formation of a unified digital infrastruc- ture within the association is one of the unconditional pri- orities of the BRICS Business Council. The BRICS investment platform would provide additional GDP growth in developing economies, and would contribute to the expansion of settle- ments in national currencies. The economies of the BRICS countries are developing at an impressive pace - about 4.4% per year. Current financial mechanisms are no longer coping with such growth, so a single platform is critically required. By the way, this is openly stated not only by Russia, but also by other mem- bers of the association. We hope that in the time frame- work of the India’s presidency next year, it will be possible to organize more profound and consistent work within the council on this matter and, probably, arrive at a number of final decisions. How are Russian entrepreneurs exploring and entering the markets of the Global South and Global East? Currently, the main trading partner of Russia is China, which accounts for about a third of our trade turnover. About 10% of trade turnover falls on India and Turkey. The total share of friendly countries in Russian trade turnover exceeds 80%. Obviously, diversification of foreign economic activities is still on the agenda. We must not only look for new markets, but also demonstrate successful end results. This requires mature foreign trade and cooperation specialists who know the nuances of doing business in the chosen partner coun- tries: how to work with payment systems, how to organize logistics, and so on. The Chamber of Commerce and Industry is now participating in their professional training: we con- duct advanced training programs in conjunction with the REC Export School. When our companies enter the markets of the Global South and send their specialists there, our partners imme- diately react to this development and start energetically in- vesting in Russia. Moreover, today it is possible to invest in the Russian IT sector, and in renewable energy sources, and in pharmaceuticals and biotechnology. Finally, restrictions on the import of products opened up great opportunities for the domestic agro-industrial complex, no wonder Russian agriculture and food industry are also considered as promis- ing areas of doing business. The growth of investments, in turn, will become an addi- tional incentive for economic growth and stimulus for the ex- pansion into new markets. So everything is interconnected in this realm.
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Russian Chamber of Commerce & Industry opens office in Mumbai amid big interest of entrepreneurs in India ("The Economic Times")28.04.2024Russian Chamber of Commerce and Industry has opened its office in Mumbai to give a boost to the bilateral trade between Russia and India amid big number of Russian entrepreneurs seeking partners in the country. CCI President, Sergey Katyrin, who is currently heading a Russian delegation of entrepreneurs in India, inaugurated the new office by cutting the ceremonial ribbon alongside prominent Indian officials. "We are currently overwhelmed with requests from Russian entrepreneurs seeking partners in India. This opening (of the new office in Mumbai) doubles, and possibly even more, expands our opportunities for finding partners, organizing business missions, and participating in exhibitions, and congresses. It is of great significance for us," Katyrin said during the inauguration. Read more at:https://economictimes.indiatimes.com/news/economy/foreign-trade/russian-chamber-of-commerce-industry-opens-office-in-mumbai-amid-big-interest-of-entrepreneurs-in-india/articleshow/109600174.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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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