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Выступление Посла России в Великобритании Ю.В.Федотова на форуме Российско-британской торговой палаты «Россия-возможности для бизнеса» (на англ.языке)

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Выступление Посла России в Великобритании Ю.В.Федотова на форуме Российско-британской торговой палаты «Россия-возможности для бизнеса» (на англ.языке) Mr Chairman, Ladies and Gentlemen, It has become a good tradition that the annual Russo-British Chamber of Commerce Forum in London follows in the footprints of the Saint Petersburg International Economic Forum, the leading global investment venue for companies doing business in Russia. In his opening address in Saint Petesburg President Dmitry Medvedev confirmed last week that our country had been firmly set on an economic modernization course. Work is underway to build a modern, strong and prosperous Russia that will be one of the co-founders of the new global economic order and a full participant of the collective leadership in the post-crisis world. I am very pleased to note that the agenda of the RBCC Forum is very closely interlinked with the modernization priorities in Russia and new respective opportunities for joint business are the main focus of our discussions today. Indeed, our meetings are taking place at a crucial time for the global economy. As the leaders of the Group of 20 are expected to conclude at their summit in Toronto this week-end, the world is slowly and gradually coming out of the recession. The global economic forecasts are being revised upwards and the emerging markets, including Russia, are leading the way to a stronger growth. Yet there is still a high degree of uncertainty about the future path to recovery. The financial markets remain volatile. The European sovereign debt crisis should serve as an alarm bell. There is a clear need to continue the collective leadership and co-ordination of macro-economic and fiscal policies demonstrated by G20 countries during the previous period. As an integral part of the global market and a major commodity-exporting economy, Russia had not escaped the negative consequences of the global crisis. It became a serious test for our national economy and the current growth model, highlighting our commodity dependence and structural deficiencies. Nevertheless, we did pass it. Since autumn last year Russia has been re-emerging from the downturn and picking up accelerated growth – 4% over the first five months of 2010 - supported throughout this period by the decisive and large scale targeted actions of the Government. Yet there is now a political consensus in Russia that the only long-term solution to avoid a new crisis is a comprehensive modernization of the national economy that should be based on technological advancements and innovations, as well as a reform of the national financial system in line with the new challenges. The Government s priorities are shifting from the anti-crisis measures to modernization and innovation, improvement of the key parts of the national infrastructure but keeping up with the adopted plans of economic support and vital social programs. President Dmitry Medvedev put forward the reform of institutions, infrastructure development, innovations, investment and intellectual advancements as the main focus, or “the five I s”, of the Government Modernization Agenda. Under his direct control an international financial center is being developed in Moscow, a major center for high technology development and innovation is being set up in Skolkovo, first large scale international public private infrastructure projects were launched this spring. The Presidential Commission for Modernization and Technological Development of Russia s Economy, set up last year, is actively promoting the priority areas of energy efficiency, outer space, nuclear energy, medical and information technologies for business development. Special taxation schemes and other incentives for innovative companies were announced recently, including a complete abolition of the capital gains tax for long-term direct investment from 2011 and a wider application of zero rate to profit tax on dividends which has been in force from this year. At its meeting on the last day of the Saint Petersburg Forum the Commission identified establishing a more comfortable investment climate in Russia and targeting specific high technology challenges as our main current priorities that will be central to the success of the modernization reforms. In this respect it was tasked to identify our key technological partner countries and prepare specific proposals to co-ordinate foreign investment and trade, including competitive financing of the Russian technological import, export credit and investment guarantees schemes, improved tax, currency and export regulations. This is only the beginning of a long journey towards a sustainable and balanced growth for Russia that can be achieved only in co-ordination and co-operation with other countries based on the EU-Russia Partnership for Modernization and other similar joint initiatives. Delivering this ambitious agenda will be a challenging task which would require a substantial boost in foreign and domestic investment and support from our business partners abroad. I am pleased to note that Britain has traditionally led the way for the foreign investors in Russia and I hope it will continue to do so in the future. Despite the negative effect of the global crisis on the volumes and dynamics of our bilateral trade and investment recently, Britain remains one of our major economic partners and such partnership is based on a solid foundation established in the previous years. In the first quarter of 2010 United Kingdom retained the fourth place in current and accumulated investment in the Russian economy, which respectively constituted USD 1,1 bln and USD 20,5 bln, 7,7% of the total accumulated foreign investment in Russia. The inflow of the British capital is gradually picking up and increased by one third on the same period last year. The bilateral trade turnover also started to grow, albeit slower, and reached USD 3,4 bln registering 13,8 % growth as compared to the first quarter of 2009. Against the backdrop of the challenging economic environment and in order to stimulate recovery and facilitate growth of the national economies our Governments re-launched the high-level bilateral economic dialogue through a meeting of the UK-Russia Intergovernmental Steering Committee on Trade and Investment (ISC) last November in London. That meeting the official and business delegations identified key areas where joint efforts should be focused in order to improve bilateral trade and investment prospects. I am particularly pleased to note that they actually now correspond to the top priorities of the Russian Government s Modernization Agenda. These areas include an enhanced financial services co-operation; high-tech and nano-tech industry projects; energy and energy efficiency projects, building on the developing partnership in this sphere between the Russian Union of Entrepreneurs and Industrialists and the Confederation of British Industries (I understand their representatives had another meeting  this week in London) and the respective ministerial memorandum; support for business environment issues, including market access; support for small and medium enterprises and regional co-operation, and last, but not least, Olympic legacy and developing sports infrastructure for 2012 in London and 2014 in Sochi, building on the agreement reached last year. Currently joint work is in progress to develop respective programs of events aimed at highlighting and facilitating the opportunities for direct business engagement. In this respect we look forward to working closely with the new British Government in order to provide support and introduce innovative business projects between our countries in these and other areas of mutual interest. I am pleased to note that the new British co-Chair of our bilateral Intergovernmental Steering Committee, Secretary of State Vince Cable in his letter to the Russian counterpart Alexey Kudrin states that he intends to further develop the growing bilateral business relationship and is looking forward to the next meeting of the Committee later in the year in Russia in order to build on the existing considerable momentum in these areas. It is important that our leaders President Dmitry Medvedev and Prime Minister David Cameron are planning to have their first bilateral meeting this week at the fringes of G8/G20 summits in Canada where they would discuss the prospects of our economic co-operation. We strongly believe that our bilateral business ties should and would play an important role in the Russian Government-led efforts to modernize our economy. I am confident that by joining forces in modernizing our national economies, re-invigorating our bilateral business dialogue, where the Russo-British Chamber of Commerce will continue to play an active role, creating new opportunities for high-tech and knowledge-based economic partnerships of the future, we could together strengthen the foundation for future growth in our countries and lay ground for a prosperous and mutually beneficial relationship between Russia and Great Britain in the post-crisis period.

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2012 @ Министерство Иностранных Дел Российской Федерации

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