Business Opportunities in Russia

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
Business Opportunities in Russia
Head of the Trade Representation of Russia in
Belgium and Luxembourg Vladimir Vorobiev
Mechelen, 10th December, 2014
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Business Opportunities in Russia

• Russian Economy Today
• Ranking in Doing Business 2014 62 2013 92
• Russia - is the sixth largest economy in the
  world from the point of view of GDP volume (2,6
  trillion USD based on PPS)
• From the point of view of GDP per capita Russia
  is the 16th in the world (24,3 thousand USD)
• Public debt is the lowest compared to GDP among
  the BRICS countries and USA in 2013 (Russia -
  11,3 USA - 104,7 China - 22,4 Brazil -
  66,3 India - 66,7)
• National gold reserves - Russia holds the fifth
  place in the world with 510 bln. USD. (China -
  3 879 bln. USD Japan - 1267 bln. USD Saudi
  Arabia - 726 bln. USD Switzerland - 536 bln.
  USD)
• Russia is the seventh largest market (145,6 mln.
  people)

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Russian Economy Today
• Average monthly salary in Russia in 2013 is 937
  USD (15 times growth from the year 1999)
• Industrial production is growing (1,5)
• Nice crop harvest (102-104 mln. t., annual
  growth of 10-13)
• Foreign trade turnover in 2013 is 842 bln. USD
  (with EU- 49 CIS - 14 APEC - 25 China -
  11, Japan - 4, USA - 3, India - 1,2)
• The capital outflow has reduced (23,7 bln. USD
  in the II semester and 13 bln. USD in the III
  semester compared with 48,6 bln. USD in the I
  semester)
• In 2014 the GDP growth of 0,5 is foreseen

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Russian-Belgian trade economic relations
• Belgium is an important trade economic partner
  for Russia
• We are satisfied to observe positive dynamics in
  all areas of our trade economic cooperation
  trade in goods and services, investments,
  industrial and scientific cooperation
• During the eight months of 2014 the turnover
  between Russia and Belgium has increased by 15,3
  to reach 8,8 bln. USD. Belgium is the 17th most
  important trade partner for Russia
• The volume of trade in services grows steadily
  and has reached 1,2 bln. USD in 2013
• The amount of Belgian investment accumulated in
  Russia 3,9 bln. USD
• The amount of Russian investment accumulated in
  Belgium 232,7 mio. USD

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia
Commodity Structure of the Russian Exports to
Belgium in 2013
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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia
Commodity Structure of the Russian Imports from
Belgium in 2013
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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia
Main areas of cooperation Aviation Space (LMS,
Barco, Thales Alenia Space, Skywin) Energy
Petrochemistry (Solvay, Eurochem, Lamifil,
Lhoist,Gunvor) Transport Logistics (Ahlers,
DEME, Jan De Nul, ports of Antwerp, Ghent,
Zeebrugge and Ostende) Healthcare
Pharmaceutics (IBA, Janssen Group, UCB
Pharma) Innovations (University of Ghent,
Catholic University of Leuven, IMEC)
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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia
Economic cooperation between Belgium and Russian
Regions For many Russian regions Belgium is the
major trade and investment partner The most
attractive sectors for Belgian enterprises at the
regional level are Chemical industry Construction
Agriculture Healthcare RD Transport
Logistics The most active areas are Moscow and
Moscow Region Saint-Petersburg and Leningrad
Region Nizhniy Novgorod Region Krasnodar
Region Republic of Tatarstan Tomsk Region
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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
9
Business Opportunities in Russia

• Business Mission of the Eurasian Economic Union
  to Belgium
• Dates February, 2015
• Participants Officials of the Eurasian Economic
  Commission and businessmen
• Aim Matching of European and Eurasian
  businessmen informing European partners about
  the Eurasian Economic Union

Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Belgian transport and
  seafood sector to Russia (Saint-Petersburg and
  Murmansk Region)
• Dates March, 2015
• Participants Saint-Petersburg Murmansk Region
  Government CCI of Saint-Petersburg and Murmansk
  Pulkovo Airport Rosmorport Port of
  Saint-Petersburg
• Aim Establishing of new cargo airline
  Murmansk-Antwerp promoting of Russian seafood
  export to Belgium and Luxembourg attending the
  International exhibition Sea, Seafood and
  Technologies, 17-19 March, 2015 in Murmansk

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Vologda Region to Belgium
  and Luxembourg
• Dates 1st semester, 2015
• Participants Vologda Region Government
  companies Severstal, Vologda Berry, VOMZ
• Aim Development of cooperation in the
  metallurgy, food sector and optics

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Kostroma Region to
  Belgium and Luxembourg
• Dates 1st semester, 2015
• Participants Kostroma Region Government food
  and light industry of the region
• Aim Development of cooperation in the food
  sector and light industry

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of Saint-Petersburg to Belgium
• Dates 1st semester, 2015
• Participants Saint-Petersburg Government
  Saint-Petersburg CCI transport and healthcare
  sector
• Aim Presentation of investment opportunities of
  Saint-Petersburg attracting Belgian investors to
  Saint-Petersburg investment projects

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Stavropol Region to
  Belgium and Luxembourg
• Dates 1st semester, 2015
• Participants Stavropol Region Government and
  businessmen
• Aim Entering the Belgium market by companies
  from the Stavropol Region

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Chelyabisk Region to
  Belgium and Luxembourg
• Dates 2nd trimester, 2015
• Participants Chelyabinsk Region Government and
  businessmen
• Aim Entering the Belgium market by companies
  from the Chelyabinsk Region

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of Russian hi-tech industry to
  Belgium
• Dates 2nd trimester, 2015
• Participants Rusnano, Skolkovo, JSC RVK,
  Technospark, Eltech
• Aim Development of hi-tech cooperation and
  exchange of new technologies

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Moscow Region to Belgium
• Dates April, 2015
• Participants Moscow Region Government and
  healthcare sector
• Aim Involving Belgian partners in modernization
  of the healthcare system in the Moscow Region

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of the Krasnodar Region to
  Belgium and Luxembourg
• Dates 2nd trimester , 2015
• Participants Krasnodar Region Government
  tourist sector of the region
• Aim Involving Belgian partners in modernization
  of the tourist infrastructure of the Krasnodar
  Region, participation in bilateral tourist
  programmes

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Participation of Belgian and Luxembourg companies
  in the IV International Business Summit in
  Nizhniy Novgorod
• Dates September, 2015
• Participants Nizhniy Novgorod Region
  Government companies RusVinyl, RusPav, JSC
  Okskaya Sudiverf, JSC Krasnoe Sormovo, Nizhniy
  Novgorod Research Institute of Traumatology and
  Orthopedics
• Aim Development of cooperation in the areas of
  healthcare, shipbuilding and infrastructure,
  transportation and logistics, automotive

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Participation of Belgian and Luxembourg companies
  in the Open Innovations 2015 Forum
• Dates October, 2015
• Participants Russian Innovative Clusters
  Rusnano Skolkovo Eltech Saint Petersburg
  National research University of Information
  Technologies, Mechanics and Optics Saint
  Petersburg Electrotechnical University LETI
• Aim Involving Belgian partners in modernization
  Russian research centers, development of
  cooperation in hi-tech area

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• Business Mission of Russian space sector to
  Belgium and Luxembourg
• Dates 2nd November, 2015
• Participants Roscosmos TSKB Progress
  Reshetnev ISS RKK Energia
• Aim Launching of joint space programs
  development of cooperation in the space industry

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Business Opportunities in Russia

• X Session of the Joint Economic Commission
  Russia-BLEU (Luxembourg) and Business Forum
• Dates December, 2015
• Participants Governments of Russia, Belgium and
  Luxembourg, key business players
• Aim Development of economic cooperation between
  our countries, signing of cooperation agreements

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Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Contact Information
Trade Representation of Russia in Belgium and
Luxembourg
Drève de Lorraine 45 B-1180 Bruxelles Tel. [phone] Fax [phone] traderep.ru_at_skynet.be
Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg
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Thank you for your attention!
Ministry of Economic Development of the Russian
Federation Trade Representation of Russia in
Belgium and Luxembourg