Month: December 2018
Project of the Eurasian technology transfer, industrial cooperation and subcontracting net discussed at the meeting of EEC experts
The meeting took place in Moscow on December, 21 2018 with the participation of the representatives of Armenia, Kazakhstan and Kyrgyzstan within the framework of online conference.
Among the participants there were representatives of the digital initiatives management office, Associated Minister of domestic markets, digitalization and IT of the EAEU, representatives of the Department of domestic policies of the EEC, representatives of the Department of industrial policies of the EEC, representatives of the public authorities of the EAEU countries, representatives of the Industrial Development Fund of the Russian Federation, of the Chamber of Commerce and Industry of the Russian Federation, Chamber of Commerce and Industry of the Republic Kyrgyzstan, the Eurasian Development Bank, National Partnership of Subcontracting Development, Russia-Singapore Business Council, Digital Marketplace (Gazprombank Group), The national chamber of entrepreneurs of the Republic Kazakhstan “Atameken”, Eurasian Competence Centre “Academ Alatau”, INO “Digital Land”, National Agency for Local Content Development (“NADLoC”), Technology Transfer Association (Armenia), Engineering Cluster of the Republic Tatarstan and representatives of the EAEU business community.
It should be reminded, that according to the priorities of the implementation of the digital agenda of the Eurasian Economic Union (hereafter – EAEU), which were approved by the decision of the Eurasian Highest Economic Council of October, 11 2017, the Eurasian Economic Commission (hereafter – EEC) organised the work of the expert platform on digital industrial cooperation.
It should also be reminded, that within the realization of the Main directions of industrial cooperation the Council of the EEC approved the Concept of the Eurasian industrial cooperation and subcontracting net, the Concept of the Eurasian technology transfer net, as well as the Recommendation on the concept of creating the conditions for digital transformation of the industrial cooperation within the Union and digital transformation of the industry of the EAEU states.
The project of the Eurasian net, discussed at the meeting, combines the above-mentioned conceptions. The representatives of the public authorities of the EAEU countries as well as business associations and communities mention the importance of its implementation.
At the meeting there was considerated a package of documents attached to the Project of the Eurasian net, including its passport, draft roadmap, which entails its two-phase implementation, and the description of the project. According to the roadmap, for the first half of 2019 year it is planned, among other things, to create a working group on forming the Eurasian net, to create and to test the showcase of the Eurasian net services.
It should be mentioned, that the representatives of business associations and communities of different EAEU countries expressed immediate interest
At the meeting the experts also mentioned the high readiness of the package of documents on the project of the Eurasian net for its tabling at the EEC Council.
The advantages expected of the project implementation:
For the business:
– Forming the tools to support the industrial cooperation within EAEU, which will provide the mechanism for searching partners and suppliers, sub-contracting and technology transfer between the participants;
– Accelerating free movement of goods, services, capital and labour force;
– Reduce of managerial costs and time spent on conducting the operations.
For the EAEU countries:
– Opened and favourable business environment in member countries;
– Equal access of the member states to the information resources of the Union.
For EEC:
– New business processes, digital models, digital assets creating;
– EAEU digital market development;
– Mainstreaming of the mechanisms of the digital collaboration integration within the digital agenda;
– Generating statistical and analytical reports within EAEU;
– Greater investment flows.
Possible negative effects, if the Project of the Eurasian net is not implemented:
– Lack of cooperation between economic entities of the EAEU member states;
– Failure to comply the digital agenda of the Union;
– Risks of retaining of the illicit flows of goods within the Union.
CFO of the Russia-Singapore Business Council Andrey Bykov told about the benefits of the consortium within the Eurasian net, and about the services of the international B2B Platform RSTrade, which is a part of it. RSTrade is operatied by the managing company of the Council. Special attention was payed to the opportunities to use the Platform as a convenient gateway for foreign economic activities with the partners from Southeast Asian countries, particularly in relation to the integration of RSTrade with ASEAN biggest digital logistic platform CamelOne by vCargoCloud.
According to the results of the meeting there was completed a report, which included the suggestions of the meeting participants. It will be sent to the governing bodies of the EEC.
Resource: https://www.facebook.com/digitalagendaEAEU/posts/2268694570041554?__tn__=K-R (Digital transformation of the EAEU).
Roscongress Foundation and UNIDO Agreed to Expand Collaboration
On 17 December 2018 a memorandum of understanding with the Roscongress Foundation was signed in the headquarters of the United Nations Industrial Development Organization (UNIDO) in Vienna. Alexander Stuglev, Chairman and CEO of the Roscongress Foundation, and Li Yong, Director General of the United Nations Industrial Development Organization (UNIDO) put their signatures under this document. The parties agreed to collaborate in building and developing trust by creating world-level communication platforms.
The memorandum provides for collaboration in developing common world-class communication platforms in order to maintain international economic, technological, industrial, scientific and technical exchange between Russian organizations and their partners from developed and developing countries.
“The main purpose of our meeting was to set tasks and plans for further cooperation. Our organizations have collaborated before. Thus, in 2018 the starting day of the St. Petersburg International Economic Forum hosted the UNIDO International Forum, and in 2017 we held the UNIDO Interregional Forum. Together we not only facilitate strengthening relations between the stakeholders, but share common responsibility for sustainable development of the economy in developing countries,” noted Alexander Stuglev, Chairman and CEO of the Roscongress Foundation.
Li Yong, UNIDO Director General, stated that this memorandum clearly demonstrates that the partners reached a high level of trust and are ready to achieve common goals: “I’m confident that the framework agreement that we signed today will facilitate successful collaboration between UNIDO and the Roscongress Foundation, especially in light of the upcoming world-level events, such as the Global Manufacturing and Industrialisation Summit (GMIS) 2019 in Yekaterinburg and the St. Petersburg International Economic Forum 2019.”
The Roscongress Foundation and UNIDO share a history of successful cooperation. The St. Petersburg International Economic Forum welcomed representative delegations that comprised participants of two UNIDO Interregional Forums dedicated to cooperation between small and medium businesses in Russia and Latin American countries, and on women’s entrepreneurship in Europe and the Arab region.
In 2018 a similar forum dedicated to women’s contribution to the economic growth and prosperity was hosted on the sidelines of SPIEF 2018.
For reference:
Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions and public events.
The Roscongress Foundation was founded in 2007 with the aim of facilitating the development of Russia’s economic potential and strengthening the country’s image by organizing international conventions, exhibitions, and public events. The Foundation develops substantive content for such events, providing companies and organizations with advice, information, and expert guidance, and offering comprehensive evaluation, analysis, and coverage of the Russian and global economic agendas. It offers administrative services and promotional support for business projects and helps to attract investment, including in the form of public-private partnerships.
Today, its annual programme includes events held from Montevideo to Vladivostok, offering an opportunity to bring together global business leaders, experts, the media, and government officials in one place, creating favourable conditions for dialogue and the promotion of new ideas and projects, and assisting in the creation of social enterprise and charity projects.
Experts of the Council held a meeting with the Youth Council at MGIMO
On December 13, MGIMO hosted the Russia-Singapore Business Council and the Youth Russia-Singapore Business Council meeting. During the event the participants made presentations and after that hold an expert discussion.
The experts of the meeting were Director of Strategy and Development of the Russia-Singapore Business Council and Deputy General Director of RSBC Andrey Bykov and Head of International Business and Marketing of RSBC Kirill Solntsev, who summarized the results of 2018 and outlined the main directions of work for the next year. In addition, the experts briefly told the participants about the possibilities of using B2B services of RSTrade platform and stressed its importance in promoting civil products of enterprises which belong to Rostec to the markets of South and South-East Asia.
Among the representatives of the Youth Council were Alena Dolgova (Chairman of MGIMO Economic Сlub Oeconomicus), Makarenko Anastasia (specialist in educational and methodical work in MGIMO), Anna Makarenko (Academic Director of MGIMO Economic Club Oeconomicus) Gleb Yuchenkov, Alina Vasilenko (Luminary), Daria Lipatova (Skolkovo Foundation) and Valentine Chuguev («Shvabe» ). The participants made presentations on burning issues and prospects of cooperation between Russia and Singapore in economic, political, social and cultural spheres. An agenda issue of the meeting was the development of Russia-Singapore cooperation at the inter-university level. During the expert discussion the participants elaborated on the prospects for the development of bilateral relations between the two countries, identifying possible prospects for development and the role of the Youth Russia-Singapore Business Council. The draft Charter of the Youth Council was also examined at the meeting.
The systematic participation of young people in the bilateral dialogue will expand cooperation between the states, will give a new impetus to the interaction based on the potential of a new generation.
EAEU going into digital space
The initiative of Russian business on digital industrial cooperation looks useful. The idea is to create a digital system for cooperation between businessmen (counterparty discovering), whose good faith is going to be checked through a multistage verification mechanism and rating system. Preconditions for the project are created by the volume of bilateral trade in intermediary goods (over 60%), but the lack of positive development shows, that capacities for further increase of cooperation within old technological realities are exhausted. These capacities can be restored only on a new digital basis.
First of all, there is need in information exchange, because EEC experts are sure that the insufficient involvement of Member States into multilateral cooperative deliveries is caused, above all, by the fact, that economic entities are not informed enough about the needs and productive capacities of industrial producers in partner countries of EAEU. The relevance of the question is proved by the fact, that over 80 thousand companies are already registered only on the Russian information and service platform RSTrade, which can be integrated into EAEU unified digital system.
At the output, digital industrial cooperation will stimulate the adaption of innovative technologies and management practices, increase the productivity of capital by saving time needed for gathering, processing and analysing the information. Finally, this will strengthen competitiveness on commodity markets. Prime minister of Kazakhstan Baktyzhan Sagintaev is sure, that in future this will make it possible to increase the level of technical modernization in our countries, join efforts of business, science and state to promote advanced scientific developments.
Russian Start-Ups: Russian tech firms turning to Asia for capital & customers
Russian start-ups are competing for hundreds of millions of dollars of investment this week at a conference in Singapore. Organisers say that there’s a trend of Russian firms looking for capital and customers in Asia, as relations with Europe and the US become fraught. Lucy Taylor reports from Moscow.
Four wheels good, two wheels better, and now even pedal bikes are going up a gear. This firm adds electric power to ordinary bikes.
“The difference is that it helps you to go uphill or go a bit faster.”
And it’s been going for just three years.
LUCY TAYLOR MOSCOW “Russia wants to encourage start-ups like this one, especially in the technology sector, because they could help to move its economy away from reliance on oil and gas. But launching a business here isn’t always an easy ride.”
This company needs more capital and new customers. And so they’ve decided to head in a different direction. They’re searching for new partners and new markets in Asia.
OLEG EVSEENKOVCEO, ECZO BIKE “90% of the market is there. So for now, we work in Europe, but we plan to go to Asia.”
They have already pitched to the presidents of Russia and China. This week they’re in Singapore, where there’s 300 million dollars of investment on offer. They’re part of a wave of start-ups looking to Asia, as Russia grapples with economic sanctions and uncertainty.
NATALIA KARMALEEVA RUSSIAN-ASIAN BUSINESS UNION “Singapore is a gateway to South East Asia, and to all of Asia. And it’s actually a gateway to the US as well because of the bank transactions. And if we look at the political situation, because of all the sanctions, Singapore is more loyal than the USA.”
The challenge will be working out how to operate in a whole new market far away. But this firm appears well-placed to go the extra mile. Lucy Taylor, CGTN, Moscow.
Putin signs decree making Vladivostok capital of Russia’s Far East
Russian President Vladimir Putin has signed a decree moving the capital of the Far Eastern Federal District (FEFD) from Khabarovsk to Vladivostok, the press center of the Kremlin said in a statement on Thursday.
The document amends the decree as of May 13, 2000, which particularly contains a list of the Russian Federal Districts and their capitals. In accordance with the new decree, Vladivostok has replaced Khabarovsk as the center of the Far Eastern Federal District. “The head of the presidential administration of Russia was instructed to carry out necessary organizational and staff measures related to the transfer of the center of the Far Eastern Federal District to Vladivostok,” reads the decree.
Sourse: http://tass.com/politics/1035948
Соореration agreement between the Moscow Export Centre and RSBC successfully signed
On December 10, 2018 in Moscow there took place the Foreign Trade Conference 2.0.: “Made in Moscow for export”. The conference was organized by the Government of Moscow and Moscow Export Centre. During the conference the Moscow Export Centre and managing companies of the Russia-Singapore Business Council – RSTradehouse LCC (Moscow) and Progression Engineering (S) Pte Ltd (Singapore) signed the Cooperation agreement to promote Russian hi-tech products into Southeast Asian countries.
This agreement will be implemented through the infrastructure founded by the Russia-Singapore Business Council, i.a. Centre for Overseas Promotion of Russian High-Tech Companies and the Presentation of investment projects (hereafter – the Centre), which was founded at the base of Progression on the initiative of RSBC with the support of the State Corporation Rostec. The Centre represents a permanent exhibition of Russian hi-tech production in a showroom as well as virtually with the use of RSTrade digital service B2B platform managed by RSBC. Within 30 days since the signing there will be agreed the road map of the particular events which are going to be supported by the sides within the signed Agreement.
The Agreement was signed by CEO of the Moscow Export Centre Kirill Ilyichov, CEO of RSTradehouse Sergey Pronin and Director of Progression Teo Hoon Eng. The signing took place in the presence of CEO of the State Corporation Rostec, Chairman of the Russia-Singapore Business Council Nikolay Volobuev.
During the Conference Executive Director of the Council Sergey Pronin made a presentation at the expert session “Strong power of Moscow – industrial export. The presentation was dedicated to the promotion tools of Moscow enterprises in the countries of Southeast Asia with the use of the Centre for Overseas Promotion of Russian High-Tech Companies founded in Singapore. Special exhibitions of Russian technologies and production already took place there in September and in November. Currently the Centre plays the role of an integrator of a number of international engineering projects and is ready to expand its activities using the opportunities of cooperation with Moscow Export Centre.
CSO of the Council Andrey Bykov made a presentation at the expert session “IT-industry. Growth points of Moscow export”. Mr Bykov told about the capacities of RSTrade international trade and service platform managed by RSTradehouse. This platform is a member of the consortium of the companies, which are currently involved in setting up the Eurasian technology transfer, industrial cooperation and subcontracting net. RSTrade platform is also currently integrating its tools for foreign economic activities with CamelOne by vCargo Cloud – the biggest logistic platform in ASEAN region.
The representatives of Rostec, Shvabe, Ruselectronics, Yusar+ and other members of the Russia-Singapore Business Council also took part in the conference. Conference proceedings will be available on its official site: https://ved.moscow. Presentations of the speakers will be published in a few days.
