The General meeting was held by the Russia-Singapore Business Council

On May 16, 2018 in the Chamber of Commerce and Industry of the Russian Federation the regular General Meeting was held by the Russia-Singapore Business Council. The meeting was moderated by the permanent Chairman of the Council – Deputy general director of the State Corporation Rostec Nikolay Volobuev. He also delivered a keynote address with a report on the results of the Council’s work in 2017 – early 2018.

Within the speech Mr Volobuev conducted a brief analysis of the current state and dynamics of the development of Russia-Singapore trade and economic relations and the extension of cultural ties. Particular attention was paid to the projects and activities, organized by the Council and in which the members of the Council participated. Among the most important were the 2nd and 3rd “Russia-Singapore Business Dialogues”, 6 passed business missions, the events of the Novosibirsk Representative Office, which co-organized two international conferences and three regional seminars. Mr Volobuev touched on two main projects of the Council: the development of B2B Platform RSTrade and the creation of the Center for foreign promotion of Russian high-tech companies and presentation of investment projects – fleetingly, as separate messages were made on them.

The Chairman of the Council drew a special attention to two more initiated projects. The first is the creation of the Russia-Singapore Youth Council in April of this year. The Council’s partner in this project is the Economic Club of MGIMO. The Youth Council has already held two events – in Russia and Singapore. The second is the project of the organization of the Center for professional training and certification of the working force of innovative professions in Moscow. This project is being prepared jointly with the State Corporation Rostec, the Government of Moscow and ITE Singapore, one of the leading institutions of professional education in the world.

The Executive Director of the Council Sergey Pronin highlighted the development of the Center for foreign promotion, noting that 7 companies, including holding companies, had signed an agreement with this organization. This project is also supported by Russian Export Center. In addition, he familiarized the participants of the meeting with a work plan for 2018 – early 2019.

The Director for Strategy and Development of the Council Andrey Bykov dwelt on the development of the electronic trade and service B2B Platform RSTrade, on which over 81 300 companies from 15 countries have already been registered. The platform itself works in 4 languages (Russian, English, Chinese, Indonesian). He noted that the companies – members of the Council have significant benefits when using the Platform and announced the test use of new automated modules – “Investments” and “Contract Manufacturing”.

The welcome speech was addressed to the participants by the Director of the relevant department of the Chamber of Commerce and Industry Alexander Kopkov, who pointed out the positive dynamics of the Council’s activities, as well as by Raheed Nargund, the head of the Russian representation of agency for business support Enterprises Singapore. Mr Nargund expressed gratitude to the Council for fruitful cooperation in expanding economic cooperation between the companies of our countries and expressed hope for the possibility of organizing new joint projects, one of which is could be cooperation in the field of industrial refuse utilization and deep processing of domestic waste.

During the meeting new members of the Council were admitted. Those companies are: LLC VEB Innovations, LLC Multiways, LLC Melior Lingua, LLC Armtel and LLC NEF-Consulting. Now the Council consists of 49 members and 33 partner companies and organizations. The issue of changing the composition of the Board of the Council was also resolved. Instead of retired at his own initiative Ivan Polyakov, who headed the Russia-ASEAN Business Council, Sergey Robsky, director of the innovative company specializing in projects in the field of medical equipment and telemedicine, became a member of the Board in the status of Deputy Chairman.

In total, over 50 delegates from 40 companies – members of the Council and its partners took part in the event. The next General Meeting of the Council will be held in the spring of 2019.