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Russian-Malaysian Business Forum in the framework of the Russian business mission to the ASEAN countries (Malaysia and Brunei) was organized on the sidelines of Russian – ASEAN Ministers` of economy consultations in Kuala Lumpur, Malaysia on August 25, 2015. Minister of Economic Development of the Russia Alexey Ulyukaev gave an inaugural address at the Forum.
Alexey Ulyukaev emphasized that “Russian companies expressed an increasing interest in deepening cooperation with the partners in ASEAN countries”, Russian regions are interested in attracting investments and setting close contacts with the regions of ASEAN countries. According to Alexey Ulyukaev, ASEAN is a priority region for Russia.
To date ASEAN Ministers of economy have approved 57 investment projects proposed by the Russian companies and business associations to being implemented in Russia and ASEAN countries. The projects encompass such spheres as: energy and engineering, information and telecommunication technologies, innovation, transport and logistics, health, and agriculture. Alexey Ulyukaev stressed that one of the most important objectives was to find partners for joint implementation of these projects. This is planned to be accomplished with engagement of Russia – ASEAN Business Council, Russian trade representations in ASEAN countries as well as embassies of Association`s countries in Russia. The high-level bilateral working groups with particular ASEAN countries are also being established.
The roundtables on energy, transport, building industry, infrastructure and food security were also organized at the Forum. The Forum provided a convenient platform for bilateral meetings between potential partners.
Approximately 100 representatives of leading companies and business associations of the region attended the event.