The International Council for Cooperation and Investment (ICCI) members discussed legislative initiatives and regulatory measures that affect interests of Russian and international companies

The participants of the International Council for Cooperation and Investment (ICCI) meeting under the Russian Union of Industrialists and Entrepreneurs (RSPP) discussed legislative initiatives and regulatory measures that affect interests of Russian and international companies. The key topics included: development of the legal services market in Russia; intellectual property protection as a key factor of innovative development in the pharmaceutical industry; as well as measures of support of localization and innovations.

The meeting opened with RSPP President Dr. Alexander Shokhin`s welcome statement. According to him, a dialogue of international and Russian companies in the ICCI is aimed to reveal key barriers and restrictions for investment as well as to find the best ways to address existing problems.

The international and Russian companies` positions were represented by President and CEO of the American Chamber of Commerce in Russia (AmCham) Mr. Alexis Rodzianko; Executive Director of the Association of Pharmaceutical Companies “Innovative Pharma” (InPharma) Mr. Vadim Kukava; and Director General of the Association of European Businesses (AEB) Mr. Frank Schauff.

The representatives of the Russian governmental authorities, including Deputy Minister of Justice of the Russian Federation Mr. Denis Novak; Deputy Minister of Health of the Russian Federation Mr. Dmitry Kostennikov; Deputy Minister of Industry and Trade of the Russian Federation Mr. Vasiliy Osmakov; Head of Rospatent Mr. Grigory Ivliev; and Deputy Head of the FAS Russia Mr. Anatoly Golomolzin contributed to the discussion.

ICCI meeting programme (in Russian, in English)
RSPP President Dr. Alexander Shokhin`s talking points (in Russian)

About the International Council for Cooperation and Investment (ICCI)

The International Council for Cooperation and Investment (ICCI), an advisory body with the Russian Union of Industrialists and Entrepreneurs (RSPP) was established in February 2008 as a platform for foreign and Russian businesses dialogue with Russian authorities. The ICCI brings together leading foreign investors in Russia’s economy, business associations and chambers of commerce.

The ICCI is chaired by the RSPP President Alexander Shokhin and co-chaired by the head of the RSPP International Cooperation Committee Viktor Vekselberg and the leaders of national business associations – the President of the American Chamber of Commerce in Russia, the CEO of the Association of European Businesses, the head of the Japanese Business Club, the Chairman of the Russian-German Chamber of Commerce and the Director General of the Franco-Russian Chamber of Commerce.

By now, the ICCI has turned into an important mechanism of Russian and foreign businesses engagement with Russian authorities. On the one hand, the Council provides a platform for coordination of Russian and foreign market players’ efforts aimed at improving business environment in Russia. On the other hand, the Russian government has a partner with consolidated positions on the key issues of foreign companies’ activities in Russia.

Another important goal of the ICCI members is to inform their governments of the trends in Russia’s investment climate and advise them relevant authorities of the members’ agreed position on the key issues of the international agenda.

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