MOSCOW TIME: 19.04.2019 11:42:45

Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track

Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track

Anton Kobyakov, Adviser to the President of the Russian Federation and Peter Ericson, the Ambassador of the Kingdom of Sweden, met in Moscow.

During the meeting they discussed the participation of the Swedish delegation in the St. Petersburg International Economic Forum (SPIEF) on 24–26 May 2018, including a detailed discussion of the Russian-Swedish panel as part of the Business Programme of the Forum. Heads of the largest Swedish companies will join the delegation from Sweden.

Anton Kobyakov emphasized a positive trend in the development of the bilateral trade, which in January-February 2018 grew by 75% compared to the same period in 2017 and amounted to about $1 billion.

“This dynamic goes a long way. About 350 Swedish companies have their representative offices in Russia. Their direct investment in the Russian economy over the nine months of 2017 went up 1.5 times, making Sweden the ninth biggest investor in the Russian economy,” he said.

During the meeting, Swedish Ambassador to Russia Peter Ericson stated Swedish companies take a keen interest in Russia and investing in the Russian market. For the first time in three years, the Swedish business heavy hitters will be a part of the delegation. CEOs of AstraZeneca, Volvo Group, Stena, Oriflame will come with long-term plans for co-operation with Russian partners.

Russia-Sweden round table Digital Business Transformation And Investment Potential will take place on 24 May 2018. The discussion participants will take a look at the major challenges of digitalization and the issues of large companies business processes adaptation to new digital economy requirements, will share best practices on the transition to an innovative business model, and discuss options for co-operation in the matter.

Anton Kobyakov noted the relevance of the digitalization discussion. He conveyed that the topic of Digital Business Transformation And Investment Potential coincides with one of the key lines of the Russian economy development, stated by the President of the Russian Federation in the State of the Federation speech, namely ensuring state-of-the-art technological development, which is impossible without digital technologies best practices exchange. This becomes especially relevant intersectorally and the round table participants will certainly illustrate this.

Source:www.forumspb.com


:

Relations Russia Sweden Investments

Share this:

Share this Share this Share this

NEWS


18.04.2019 Argentinian Mozzarella Taps Into Russian Market

According to the Federal Customs Service of Russia, for the first two months of 2019 Argentinas export of mozzarella to Russia has went up by 89% in terms of value and by 92.4...

18.04.2019 Structural upgrade in exports, imports boosts trade between China and Russia

In 2018, trade between the two countries was more than $100 billion, according to data released by the Ministry of Commerce in January.

17.04.2019 TVEL Fuel Company of ROSATOM and Hermith GmbH develop cooperation in joint titanium production

In the course of the XI International Forum ATOMEXPO 2019, TVEL Fuel Company of ROSATOM and Hermith GmbH (Germany), a major European titanium supplier, have concluded an ag...

EVENTS


01.10.2019 RUSSIAN ENERGY WEEK

October 1-5, 2019 Moscow (Russia)

08.07.2019 INNOPROM 2019

July 8-11, 2019 Ekaterinburg (Russia)

06.06.2019 St. Petersburg International Economic Forum 2019

June 6-8, 2019 St. Petersburg (Russia)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners