RSPP Vice President Speaks at NY Economic Forum

RSPP Executive Vice President Alexander Murychev spoke at the Russia – U.S. Economic Forum in New York held on November 1-2 by RBK Group and the American Chamber of Commerce in Russia and aimed at drawing investors’ attention to Russian innovative projects and developing Russian – U.S. trade relations.

At the plenary session Mr. Murychev stressed the importance of implementing an investment-boosting agreement between Russia and US updating the current Agreement on Trade Relations signed as early as 1990. Mr. Murychev believes that the focus should be shifted to financial and nonfinancial incentives and mutual investment protection, first and foremost, in the sphere of innovative and hi-tech projects, easing export control and mobilizing mutual acquisition of assets. Mr. Murychev said: “Long before the ‘reloading’ of the relations between Russia and US by the presidents, RSPP and AmCham, had initiated a number of steps to animate business contacts between the two nations, e.g. by signing an agreement establishing Russia – US Business Dialogue in 2008”.

Also Mr. Murychev moderated the Finance and Banks section of the Forum discussing ways to increase the efficiency of Russia’s banking/payment infrastructure and American experience in maintaining companies’ credit infrastructure, mechanisms to support banking system, the experience of Russian strategic investors operating in U.S. investment funds, ways to stabilize foreign investments in Russia, the situation with rating agencies which is ripe for change and prospects for establishing an EAEC international rating agency, the future development of Russian regional banks and their investment potential.

© RSPP Head Office

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