Katyrin Сalled for the Industrial Cooperation Within the Eurasian Economic Union
The President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin called for the development of industrial cooperation between the countries of the Eurasian Economic Union (EAEU). He spoke at the fourth meeting of the Council for Industrial Policy of the EAEU, which was held on July 4 on the sidelines of the XII International Industrial Exhibition Innoprom Yekaterinburg. Developing cooperation, as Sergey Katyrin emphasized, is extremely necessary today in the conditions of turbulence and rapid changes in the world economic order. Based on the results of a survey of Russian enterprises conducted by the Chamber of Commerce and Industry of the Russian Federation, as well as a discussion of the issue with business associations of all other EAEU countries, the Russian side prepared a list of priority mechanisms to support cooperation and stimulate demand for EAEU products at the Union level, Sergey Katyrin said. Sergey Katyrin expressed his hope for a speedy resolution of the issues of support for joint projects of EAEU enterprises. This, he is convinced, will seriously support the development of industrial cooperation in the countries that are members of the Union. Innoprom is an international industrial exhibition that has been held annually in Yekaterinburg since 2010. The main theme of the 12th International Industrial Exhibition Innoprom-2022 is Industrial Transition: From Challenges to New Opportunities. If in 2021 the main challenge was the COVID-19 epidemic and the search for new opportunities for industrial development in the realities of coronavirus restrictions, then in 2022 it is the search for new supply chains and ensuring technological sovereignty. The business program this year focuses on the opportunities that are opening up in new markets. The partner country of the exhibition in 2022 is the Republic of Kazakhstan. In total, more than 600 international companies take part in Innoprom, participants from 25 countries of the world will come with official delegations.
The Head of the Chamber Believes that Foreign Business Would Return to Russia - interview with "Rossiyskaya Gazeta"
Excerpts 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.
The Awards Ceremony in Moscow for the Winners of the Golden Mercury Competition 2021
The World Trade Center on Krasnopresnenskaya Embankment in Moscow hosted the award ceremony for the winners of the Golden Mercury National Entrepreneurship Award for 2021. The competition among Russian small enterprises and exporting enterprises is annually held by the Chamber of Commerce and Industry of the Russian Federation. The purpose of the competition is to promote the development of entrepreneurship in Russia, to provide entrepreneurs with the opportunity to present the best samples of products and services, as well as to promote the idea of social responsibility of business, and the development of traditions of domestic entrepreneurship. The competition was held with the support of the permanent partners of the award - Joint Stock Commercial Bank "International Financial Club" and PJSC "PhosAgro". Before the ceremony, a meeting of the nominees with the leadership of the Chamber was held, culminating in a press conference with the participation of the President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin, General Director of PJSC International Trade Center Vladimir Strashko, First Deputy Chairman of the Board of the International Financial Club Bank (IFC Bank) ) Anatoly Khvostikov, Marketing and Development Director of PhosAgro PJSC Mikhail Sterkin (IFC Bank and PhosAgro are regular partners of the award. Russian Railways joined them this year). The press conference was moderated by Alexander Shkirando, Director of the Center for Mass Media Relations of the Chamber. Sergei Katyrin, in particular, stressed that when calculating the points, the winners were determined by literally tenths of a percent. This suggests that the winners of the competition are the first among the best. The head of the Chamber briefly spoke about some programs to support and develop business, in particular, family companies. The winners of the competition were awarded the symbols of the "Golden Mercury" - figurines of the ancient Roman god of trade, and the laureates of the competition - special commemorative medals. All of them were awarded diplomas of the Chamber of Commerce and Industry of the Russian Federation and granted the right to use the emblem of the Golden Mercury competition in their work as an indicator of the high quality of products and services.
A Delegation from Nigeria Visited Kursk
The Chamber of Commerce and Industry of the Kursk Oblast organized meetings for representatives of Nigeria, CEO of Infinity Synergy Oil and Infinity Homes Jeremiah Oluvasena and CEO of Ryhenz Integrated Ventures Ltd Naji Henry Chinedu. The visit to the Kursk Region became possible after the meeting of the Deputy Governor Sergei Starodubtsev with the Ambassador of Nigeria to the Russian Federation Abdullahi Shehu, which took place at the end of March 2021 at the initiative of the President of the Chamber of the Kursk Region Alexei Belodurov. After negotiations with the President of the Regional Chamber, the guests visited the enterprises of NPO "Composite" and JSC "KONTI-RUS" to discuss export deliveries. At NPO "Composite" they were shown the production and told about the products: pulp, pipelines and caterpillar tracks for equipment. The company is known for its wide export geography due to its exclusive technology and quality. Business representatives from Nigeria were particularly interested in the supply of a floating pipeline for offshore operation. During the working trip, an excursion to KONTI-RUS JSC took place, where the guests were shown the confectionery production lines, had a tasting and discussed options for deliveries to West African countries. Press Service of the Chamber of Kursk Oblast
An Agreement Between the Chambers of Commerce of the Rostov Oblast and Istanbul Signed
On June 23, a Memorandum of Cooperation between the Chamber of Commerce and Industry of the Rostov Region and the Istanbul Chamber of Commerce was signed in Istanbul. The Istanbul Chamber of Commerce represents about 400,000 companies that operate in various business areas. The Chamber cooperates with other international organizations and associations. Senem Erdogan, Head of the Department of Foreign Economic Relations of the Chamber, spoke about this, who held talks with Astanda Gablia, Senior Expert of the Chamber of Commerce and Industry of the Rostov Region. The parties agreed on mutually beneficial cooperation, which in the future will contribute to the growth of trade between the Rostov region and the Republic of Turkey. For these purposes, it is planned to organize work on the urgent needs of entrepreneurs in the development of Russian-Turkish business ties and conduct business missions for entrepreneurs. Turkey is one of the main markets for the Rostov Oblast. It ranks first in the structure of the region's foreign trade turnover and accounts for almost 4th of it. At the same time, Don exports prevail over Turkish imports. In view of the great interest on the part of Don business in entering the Turkish market, the Chamber of the Rostov Oblast is aimed at establishing partnerships between entrepreneurs. Chamber Press Service
President of the Russian Chamber of Commerce Addressed the BRICS Business Forum
Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation, addressed the participants of the BRICS Business Forum 2022 as part of the panel discussion “Endorsing the concept of openness and promoting the recovery of the global economy”. I wish to express my gratitude for this opportunity to participate in our discussion. At the outset, I wish to note that the tradition of holding the BRICS business Forum was begun by our Chinese colleagues in 2011. Today the Business Forum has become an integral part of the program of the business enterprises events of BRICS. This has always been distinguished by an agenda which allows for discussion from various points of view both of the significant issue of strengthening trade, investment and production relations among the nations of the Big Five, and also to address issues of the global development of the world economy. It is absolutely clear that our world of today is changing rapidly, and that is a fact that cannot be denied. Unfortunately, we are observing today tendencies towards an increase in the fragmentation of that process of globalization which was previously a single and united one. Through no fault of our own, certain dividing lines have appeared in the global economy, in policies and in society, and there has been a drastic increase in the instability of the global economy. All of these factors must be taken seriously to find ways and means to ensure the social and economic stability of our countries and our partners, given the transformation that the traditional global economic order is now undergoing. Today, instead of engaging in joint efforts for the normalization of international trade, a number of Western countries have opted for politically motivated unilateral and unjustified trade measures which have only aggravated the consequences of the pandemic. The clear violations by these economies of the rules of the WTO have exerted major pressure on the global chain of supplies, which was still fragile after the pandemic. As a result, as assessed by WTO, the growth of the global GDP has slowed down and is now at 2.8 percent instead of 4.1 percent".
Katyrin: Russia and Pakistan Must Unlock the Full Potential of Bilateral Trade
The June 20 meeting between President of the Russian Chamber of Commerce and Industry Sergey Katyrin and President of the Federation of Pakistan Chambers of Commerce and Industry Irfan Iqbal Sheikh was devoted to discussing the possibilities of economic cooperation between Russia and Pakistan. In his welcoming remarks, Sergey Katyrin noted that the two business associations have a lot of topics that both parties could promote together, but first of all, it is necessary to exchange information about each other's capabilities. In this regard, Sergey Katyrin spoke about the desire of regional chambers of commerce to develop cooperation with Pakistan, especially now, in modern conditions. The President of the Chamber of Commerce and Industry of the Russian Federation drew the attention of the representative of Pakistan that Expocentre, which is part of the Chamber, could become a convenient place for the presentation of Pakistani goods, but also spoke about the interest of the Russian side in participating in industrial exhibitions held in Pakistan. He especially noted the importance of developing cooperation within the framework of the Shanghai Cooperation Organization (SCO), in which Islamabad participates. Pakistan is interested in developing trade routes and corridors with the Russian Federation and expanding bilateral economic cooperation in various areas where the potential of this country is especially strong, said Irfan Iqbal Sheikh. He called such industries the production of medical and surgical instruments, pharmaceutical products that Pakistan supplies to Germany, or information technology. Other areas that may be of interest to Russia, the representative of Pakistan considers the import of spare parts for cars, as well as high-quality textiles and leather goods. He noted Pakistan's desire to switch to mutual settlements in trade in national currencies, bypassing the dollar. The delegation of Pakistan took part in the St. Petersburg International Economic Forum 2022. Irfan Iqbal Sheikh elected President of the Federation of Pakistan Chambers of Commerce and Industry in 2022. Press Service of the Chamber
Vladimir Padalko: Russia and China are Expecting a Boom in Industrial Cooperation
The Russians have learned how to build relationships with China by correctly turning their ship's hull against the winds that are bearing down on us. After the start of the COVID-2019 pandemic, after the first sanctions, we got problems in logistics, we got problems in delivery delays and prices, but we learned how to deal with it. This was stated on June 16 by Vice-President of the Chamber of Commerce and Industry of the Russian Federation Vladimir Padalko, speaking at the section "Russia-China", held as part of the business program of the 25th St. Petersburg International Economic Forum. According to him, the sixth wave of sanctions has come, “and we are already different, we react differently to everything and have learned to overcome these difficulties.” “We have created new transport corridors, we have opened new bridges, we have improved road crossings, we have created a luxurious high-speed infrastructure for the movement of our goods by rail. And aviation will also make its respective contribution. We have resolved billing issues. This is a global topic that affects all of us. And all this worked out because we had built the infrastructure,” Vladimir Padalko emphasized. With no other country in the world, the Russian Federation has built such an infrastructure as with China, and in almost all industry areas there were subcommittees that worked closely together, said the vice president of the Russian Chamber of Commerce and Industry. Answering the question of the leading section of the Director of the Institute of the Far East of the Russian Academy of Sciences Kirill Babaev about whether we are waiting for a boom in industrial cooperation with China, Vladimir Padalko said: “there will be a boom!” The Vice President of the Chamber warned against euphoria, because, according to him, six waves of sanctions did not pass just like that - “we will wait together for the ninth wave, which will definitely come and go after us, when there is a denouement in Ukraine, when everyone feels that China becomes the main trader in Russia - he will be, because this is the trend of today. “We will go for accelerated industrial-industrial cooperation and these are not theoretical calculations, but practical facts,” he said. Vladimir Padalko said that there are 78 projects being implemented by Russia and China worth $160 billion. “All companies will systematically implement these projects. In addition, hundreds and hundreds of new projects will appear, even in areas that we could not dream of. We will open up to each other both in terms of certification and in achievements and in secrets, because without this it is impossible to go on in-depth cooperation. Russia and China will make joint products and sell them,” said the Vice President of the Chamber. “We believe in our common future, and China is a strategic partner that we need now,” concluded the Vice President of the Russian Chamber of Commerce and Industry. Press Service of the Chamber
Meeting of the Russia-South Africa Business Council
On June 10, a meeting of the Russia-South Africa Business Council was held at the Chamber of Commerce and Industry of the Russian Federation. Vice President of the Chamber Maxim Fateev and Russian Ambassador to South Africa and the Kingdom of Lesotho Ilya Rogachev delivered a welcoming speech. In his speech, Maxim Fateev noted that the Republic of South Africa is traditionally one of the five largest trading partners of Russia among African countries. At the end of 2021, the trade turnover between the two countries amounted to $1.14 billion. Despite the current difficult international situation, Russia and South Africa have every opportunity to fulfill the potential of bilateral cooperation, primarily in such areas as energy, processing and transportation of hydrocarbons, and information technology. “The Chamber of Commerce and Industry of the Russian Federation receives a lot of requests from regional businesses interested in establishing contacts with African entrepreneurs. Moreover, the main problem is the lack of up-to-date information about markets, potential counterparties, local legislation,” Maxim Fateev emphasized. The Chamber is ready to contribute to the organization of bilateral business meetings at the sites of the Chamber of Commerce and Industry, to facilitate business missions and exhibition events on the basis of the subsidiaries of the Chamber of Commerce and Industry of the Russian Federation - Expocentre and WTC. Ilya Rogachev drew attention to the global shifts in world trade caused by the tough sanctions regime against Russia. In this situation, South African entrepreneurs have a unique opportunity to significantly intensify trade and economic cooperation with the Russian Federation. “Seize the moment - establish direct deliveries of goods from Russia, primarily food and oil products. These positions, as you know, are in great demand in the country's market,” Ilya Rogachev emphasized. Trade Representative of the Russian Federation in South Africa Maxim Bureev spoke about the peculiarities of doing business in South Africa. According to him, business in African countries is still built primarily on personal contacts. Therefore, building a business at a distance simply will not work - you have to come, get to know each other, and negotiate long-term relationships. In addition, the South African market has changed markedly, it is necessary not only to deliver the goods, but also to establish a “end-to-end customer service”. And for this you need to build relationships with local entrepreneurs. The meeting of the Russia-South Africa Business Council was attended by South African Ambassador to Russia Mzuvukile Maketuka, head of the royal house of Kei Koran Khobaha Melvin Arendse, as well as representatives of Russian and South African companies. Summing up the results of the meeting, Pavel Yakovlev, Chairman of the Russia-South Africa Business Council, Director General of AZ Ural, noted that several appeals to federal authorities would be prepared on issues that hinder cooperation between the two countries. Press Service of the Chamber
Signing Ceremony in Bishkek On Cooperation Between the Chamber and "The Assemblies of the Peoples of Eurasia"
On March 26, in Bishkek, the signing ceremony of the Agreement on Cooperation between the Chamber of Commerce and Industry of the Russian Federation and the International Union of Non-Governmental Organizations "Eurasian Peoples' Assembly" was held. The agreement was signed by President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin and Secretary General of the Eurasian Peoples' Assembly Andrey Belyaninov. Further, the Orion Hotel hosted a panel session “Main areas of industrial cooperation: key trends, implementation tools, challenges and risks”, moderated by Sergey Katyrin. In his closing remarks, Sergei Katyrin noted the content of the discussion, which will be useful and taken into account in the activities of the association of entrepreneurs. By Petr Cheremushkin, Press Service of the Chamber