26 Oct 2004 10:32

Interfax, Chatham House hold investment conference

"Investing in Russia‘s future: new markets and opportunities"

Interfax Information Services Group and the Royal Institute of International Affairs, known as Chatham House, are holding a conference, Investing in Russia‘s Future: New Markets and Opportunities at the Hotel Baltschug.
"The first-priority, present-day task is, in my opinion, to give a comprehensive and professional assessment of the deep changes that have taken place in Russia, and of prospects for the development of new markets," said Mikhail Komissar, chairman of the Interfax Group board of directors.
"With this end in view, Interfax, jointly with the Royal Institute of International Affairs, is holding a conference, Investing in Russia‘s Future: New Markets and Opportunities, which is truly impressive in terms of participants," Mr. Komissar said.
"It will provide investors with guidelines for doing business in Russia and give them a clearer idea of prospects for the development of individual sectors of the Russian economy," he said.
Chatham House President Lord Robertson said that partnership between Chatham House and Interfax is a unique combination of experience and knowledge, acquired over years of work with creators of politics and business. Analytical reports and accounts of everyday practice to be presented at the conference will paint a clear picture of Russia‘s present-day investment climate and prospects for Russia‘s economic revival.
The participants in the conference will analyze Russia‘s current economic climate, fast-growing and well-established businesses, primarily those in which international capital is widely represented, the future of the Russian consumer market and more general economic problems. The following key issues will be addressed: new markets for capital investment, the reform of natural monopolies, administrative reform and the consequences of the parliamentary and presidential elections.
In addition, the conference will discuss the efficiency of the new structure of the government following the first six months of its work, the degree of the Russian economy‘s dependence on world oil prices, changes in the structure of the stock exchange, and ways to make Russian business more competitive.
Discussions will deal with the following economic branches and sectors: oil, gas and other basic industrial branches, information technologies and consumer goods, and the financial sector.
The conference will involve about 200 delegates, among them top Russian officials, regional governors and deputy governors, representatives of the Russian and foreign investment communities, and top managers of major Russian and Western companies.
Reports will be presented by Russian Deputy Prime Minister Alexander Zhukov, Presidential Aide Igor Shuvalov, Economic Development and Trade Minister German Gref, Krasnoyarsk Territory Governor Alexander Khloponin, President and Chairman of Vneshtorgbank Andrei Kostin, Shell‘s Chairman in Russia John Barry, European Bank for Reconstruction and Development President Jean Lemierre, and many other prominent politicians and businessmen.
For details, see the website http://conference.interfax.ru/