The VTB Capital "RUSSIA CALLING!" Investment Forum opened in Moscow today, with speeches by Andrey Kostin, VTB Bank President and Chairman of the Management Board and Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank.
The Forum’s main event was the plenary session titled "Promoting durable cooperation, unlocking growth opportunities". The session was attended by Russian President Vladimir Putin, who delivered the keynote speech and took questions from the audience.
Leading international business experts also attended the plenary session; including Stefan Schulte, Chairman of the Executive Board at Fraport, Lazarus Zim, Managing Director CEO at Atisa Group, Jean Desazars de Montgailhard, Special Adviser to CEO at LafargeHolcim, and Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank. Andrey Kostin, VTB Bank President and Chairman of the Management Board, moderated the session.
Experts discussed the Russian economy’s ability to respond to external shocks, new development opportunities for the Eurasian Economic Union, the creation of strategic integration projects in the New Silk Road framework, the renewal of EU-Russian economic dialogue and other relevant issues relating to Russia and the global economy.
The day also included a panel discussion on the topic of macro sustainability and economic expansion which was attended by Andrey Kostin, VTB Bank President and Chairman of the Management Board; Anton Siluanov, Finance Minister of the Russian Federation; Alexey Ulyukaev, Minister of Economic Development of the Russian Federation; Elvira Nabiullina, Governor of the Bank of Russia; Igor Sechin, President of Rosneft; Oleg Deripaska, President of RUSAL; and Sergey Galitsky, Founder and CEO of Magnit. Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, moderated the session.
During the session, the participants discussed the prospects of economic growth in light of geopolitical risks, the role of fiscal policy in maintaining macroeconomic stability and the Bank of Russia’s policy response to global market volatility. The participants also considered the importance of private capital as a stabilizing factor for the Russian economy, as well as key priorities for the development of Russia’s financial sector.
An agreement was signed with Andrey Vorobiev, Governor of the Moscow Region, allowing VTB Bank and its subordinate organisations to offer integrated services in the Moscow region. This includes participation in the financing and implementation of the investment of both the Russian Federation and companies located in the region. The Bank will also provide consulting and information services in the fields of banking, investment and finance.Alexei Yakovitsky
, Global CEO of VTB Capital, said: "The results of the Forum’s first day confirmed the demand for international dialogue. Participants appreciated the attendance of high-profile speakers and the Forum’s framework was conducive to productive dialogue which all participants benefited from."
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