III Russia-Singapore Business Dialogue
17.04.2018
On April 17-18 Singapore hosted the III “Russia-Singapore Business Dialogue”. Previously the first two events were held in Moscow. The Forum confined to the 50th anniversary of the establishment of diplomatic relations between Russia (as the successor of the USSR) and Singapore. The Forum was organized by the Russia-Singapore Business Council.

The event brought together around 140 delegates from Russia and Singapore sides. The first part of the Forum was devoted to general issues of economic cooperation between Russia and Singapore. In particular, Senior Minister of Industry and Trade of the Republic of Singapore Dr. Koh Poh Koon, Deputy Minister of Economic Development of the Russian Federation Mr. Alexey Gruzdev and Deputy CEO of the State Corporation “Rostec”, Chairman of the Russia-Singapore Business Council Mr. Nikolay Volobuev participated in the event as speakers. The positive development of bilateral economic relations was acknowledged.

There was an exchange of views on the prospects for cooperation in the field of medicine, telemedicine, medical equipment and products took place. The participants found that there are serious prospects for expanding export-import cooperation in both directions. Within the scope of the second session the investment projects of the Russian regions were presented: Tatarstan, Primorsky Krai, Samara region as well as the key Moscow technopark Kalibr, considered as a point of landing for Asian companies in Russia. In addition, a number of start-up projects of Russian technology parks from Moscow, Voronezh region, and Novosibirsk were shown.

On the second day of Forum III «Russia-Singapore Business-Dialogue» the youth section took place for the first time. The discussion was about youth cooperation, sustainable development and cooperation in green industry between EAEUand ASEAN, with examples from Russia and Singapore. There was an announcement of the creation of the Russia-Singapore Youth Business Council, implemented by the Russia-Singapore Business Council in conjunction with the MGIMO Economic Club.