Today marks the first day of the VTB Capital "RUSSIA CALLING!" Investment Forum. The Forum successfully opened with a panel session "Economic Policy Of The Investment-led Growth Model", which was attended by leading experts including Alexey Ulyukaev, Minister of Economic Development of the Russian Federation; Anton Siluanov, Finance Minister of the Russian Federation; Ksenia Yudaeva, First Deputy Governor of the Bank of Russia; Olga Dergunova, Deputy Minister — Head of the Federal Agency for State Property Management; and Andrey Kostin, VTB Bank President and Chairman of the Management Board.
Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank, Chairman of VTB Capital holding companies Board of Directors, moderated the session. During the session, participants discussed the current economic trends, Russian monetary policy, key priorities and initiatives of the Russian Government as well as other topical issues.
A second panel session was also held, “Doing Business Project: Interim Results”. The panel consisted of Dmitry Rogozin, Deputy Prime Minister of the Russian Federation; Sergei Belyakov, Deputy Minister of Economic Development of the Russian Federation; Ilya Yakubson, President, DIXY Group of Companies; Anatoly Karachinsky, President of the IBS Group; Oleg Budargin, Director General of Russian Grids; and Artem Avetisyan, Director of “New Business”, Agency for Strategic Initiatives.
During this session, experts discussed Russia’s key economic priorities including measures to strengthen Russia's position in the World Bank Doing Business rating and issues relating to improving the business climate as a prerequisite for innovation development.
Today’s agenda also saw the round table discussion - "Russian Transport Infrastructure: Priorities and Prospects" - with Oleg Belozerov, Deputy Minister of Transport of the Russian Federation. The main topics of discussion were the investment attractiveness and development prospects of the Russian infrastructure market, the process of preparation and implementation of regional transportation projects through public- private partnerships and other infrastructure issues.
A final round table was held on "Institutional Money’s Importance to the Wider Economy: Why Invest in Russia?" This discussion was attended by Alexey Moiseev, Deputy Minister of Finance of the Russian Federation, as well as other leading international and Russian experts and portfolio managers.
The Forum also saw the completion of several deals today. An agreement was signed between VTB Bank and the Government of Udmurt Republic on the implementation and construction of toll bridges in the region.
Furthermore during the Forum VTB Group and China National Petroleum Corporation (CNPC) announced the signing a Memorandum of Understanding on mutual business cooperation.
In addition, on the first day of the "RUSSIA CALLING!" Investment Forum, VTB Bank signed a cooperation agreement and master trade financing agreement with Singapore's Oversea-Chinese Banking Corporation Limited.
Finally, the Forum also hosted numerous one-on-one meetings between representatives from Russian companies and international investors.
Alexei Yakovitsky, Global CEO at VTB Capital, said: "The results of the first day of the Forum reaffirmed the high interest in investment opportunities in Russia from the international business community. The issues discussed during the panel sessions and round tables are really relevant for the development of the Russian and the international economy. I am convinced that today's interesting and fruitful dialogue was useful to all participants of the Forum, which reaffirmed the reputation of VTB Capital “RUSSIA CALLING!” Investment Forum’s as a leading platform for the international investment market."
Head of Press