🇷🇺🇨🇳 Billateral trade has increased by more than 50% since 2014, and China has become Russia's largest export destination.
Especially for the presentation of the Valdai Club report “Russia-China Strategic Partnership in the Context of the Crisis in Europe” at EEF-2022, we created an infographic on Russian-Chinese cooperation.
#valdai_infographics #EEF #China
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Especially for the presentation of the Valdai Club report “Russia-China Strategic Partnership in the Context of the Crisis in Europe” at EEF-2022, we created an infographic on Russian-Chinese cooperation.
#valdai_infographics #EEF #China
@valdai_club
🚩 Andrey Bystritskiy, Chairman of the Board of the Foundation of the Valdai Discussion Club:
◽️ The title of our session echoes the name of the forum itself: “Towards a Multipolar World”.
◽️ Will we be able to build consistent relationships in this world, make it comfortable, safe and convenient for everyone? These are the most important questions for our further development.
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
◽️ The title of our session echoes the name of the forum itself: “Towards a Multipolar World”.
◽️ Will we be able to build consistent relationships in this world, make it comfortable, safe and convenient for everyone? These are the most important questions for our further development.
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
🇷🇺 Yury Trutnev, Deputy Prime Minister of the Russian Federation – Presidential Plenipotentiary Envoy to the Far Eastern Federal District:
▪️ 68 countries take part in the forum, and not only those close to the Russian Far East: these are Australia, Austria, Britain, the United States, Germany, France, Switzerland, Japan, Ireland, Italy – one can list them for a very long time.
▪️ This suggests that, despite the significantly changed construction of the world, nevertheless we are interesting to each other, we are trying to understand each other. And that means we have a chance.
▪️ Russia’s turn to the East did not happen now. Since Vladimir Putin declared the development of the Far East a national priority, almost 3,000 projects have been launched, private investments have come in at nearly 3 trillion rubles, and agreements worth 6.3 trillion have been signed.
▪️ The Far East is developing rapidly. This is the point of intersection of the worlds. But there are new challenges, fragments of development. So, the new tasks are:
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
▪️ 68 countries take part in the forum, and not only those close to the Russian Far East: these are Australia, Austria, Britain, the United States, Germany, France, Switzerland, Japan, Ireland, Italy – one can list them for a very long time.
▪️ This suggests that, despite the significantly changed construction of the world, nevertheless we are interesting to each other, we are trying to understand each other. And that means we have a chance.
▪️ Russia’s turn to the East did not happen now. Since Vladimir Putin declared the development of the Far East a national priority, almost 3,000 projects have been launched, private investments have come in at nearly 3 trillion rubles, and agreements worth 6.3 trillion have been signed.
▪️ The Far East is developing rapidly. This is the point of intersection of the worlds. But there are new challenges, fragments of development. So, the new tasks are:
• Accelerating the development of the eastern railway polygon. We are not coping today: to date, 78 million tonnes have not been transported, and this is about 1.5 trillion lost gross national product. • Development of the Northern Sea Route. This is a transport artery that occupies a large place in the economy; the government has already adopted a plan for the Northern Sea Route. • Improving the modes of interaction with friendly countries. We want the mechanisms for recognizing diplomas and certificates to work fully, so that projects that will live in the new international territories of advanced development operate not only within the framework of national legislation, but also within the framework of intergovernmental agreements.🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
🇨🇳 Wang Wen, Executive Dean of Chongyang Institute for Financial Studies (RDCY):
◽️ This is my first time in Vladivostok. Yesterday we climbed to the top of the hill, from where a view of the city opened – very similar to Hong Kong. And I thought, why not develop Vladivostok in the same way as Hong Kong? What is needed for this:
1️⃣ First is the implementation of financial projects, you must build the city as a powerful financial centre. In the 1990s, all investment flows and foreign investment passed through Hong Kong, so it was able to rise and become the world’s largest exchange. Vladivostok has something to look up to.
2️⃣ Second is the creation of infrastructure. There should be convenient roads that ensure competitiveness.
3️⃣ Third, it is important to create a large market. Vladivostok, Primorye, is located on the shores of the Sea of Japan, and it should be open to the world.
◽️ The topic of our conversation is the multipolar world. Twenty years ago, great changes took place in the world. In the next decade, China will overtake the United States.
◽️ Now India has become the fifth largest economy in the world. In the near future, we are waiting for such a situation: the first economy will be China, the second – India, the third – the United States, the fourth – Japan.
◽️ Where is Europe? In Europe, there is a decline.
◽️ What is the role of Russia? Now she can enjoy the dividends that her immediate neighbours create. And Primorsky Krai plays a big role in the development of the Russian Far East, it is important to integrate it with the common economic system.
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
◽️ This is my first time in Vladivostok. Yesterday we climbed to the top of the hill, from where a view of the city opened – very similar to Hong Kong. And I thought, why not develop Vladivostok in the same way as Hong Kong? What is needed for this:
1️⃣ First is the implementation of financial projects, you must build the city as a powerful financial centre. In the 1990s, all investment flows and foreign investment passed through Hong Kong, so it was able to rise and become the world’s largest exchange. Vladivostok has something to look up to.
2️⃣ Second is the creation of infrastructure. There should be convenient roads that ensure competitiveness.
3️⃣ Third, it is important to create a large market. Vladivostok, Primorye, is located on the shores of the Sea of Japan, and it should be open to the world.
◽️ The topic of our conversation is the multipolar world. Twenty years ago, great changes took place in the world. In the next decade, China will overtake the United States.
◽️ Now India has become the fifth largest economy in the world. In the near future, we are waiting for such a situation: the first economy will be China, the second – India, the third – the United States, the fourth – Japan.
◽️ Where is Europe? In Europe, there is a decline.
◽️ What is the role of Russia? Now she can enjoy the dividends that her immediate neighbours create. And Primorsky Krai plays a big role in the development of the Russian Far East, it is important to integrate it with the common economic system.
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
🇷🇺 Natalia Stapran, Director of the Department for Multilateral Economic Cooperation and Special Projects, Ministry of Economic Development of the Russian Federation
▪️ Over the past ten years, the Far East has moved forward very dynamically. Much has been done, much remains to be done.
▪️ Vladivostok is Russia’s gateway to the Asia-Pacific region. But you need to understand that competition is very high. You can consider the model of Hong Kong that Wang Wen talked about, but how many years did it take for Hong Kong to develop? Or maybe Vladivostok is similar to San Francisco... There are many economic centres on the Pacific Ocean.
▪️ The experience offered by our Asian partners, the ASEAN countries, is a very serious start for Russia. But it is difficult to create conditions that would compete with other regions. Highlights:
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
▪️ Over the past ten years, the Far East has moved forward very dynamically. Much has been done, much remains to be done.
▪️ Vladivostok is Russia’s gateway to the Asia-Pacific region. But you need to understand that competition is very high. You can consider the model of Hong Kong that Wang Wen talked about, but how many years did it take for Hong Kong to develop? Or maybe Vladivostok is similar to San Francisco... There are many economic centres on the Pacific Ocean.
▪️ The experience offered by our Asian partners, the ASEAN countries, is a very serious start for Russia. But it is difficult to create conditions that would compete with other regions. Highlights:
• Development of logistical routes, means of communication – this is both the railway and the Northern Sea Route. • Legal regulation of relations. We are now facing many challenges: European systems of verification and recognition have to be abandoned, but this is not bad – we are looking at the countries of Asia. • Free trade zones, of which there is a huge number in the Asia-Pacific region, hence the question is whether we will catch up, jump into the departing train, or offer something of our own. The fact is that the modern global economy and the digital economy allow us to shorten the path to global trade, the long path that our Asian partners have travelled. • Request for green development. • Over the past ten years, the Far East has moved forward very dynamically. Much has been done, much remains to be done. 🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
🇮🇳 B.K. Sharma, Major General (Ret.), Director of the United Services Institution:
◽️ Asia becomes a gravitational point where everyone flocks. But we live in a difficult period, where there is a lot of uncertainty. The world has gone through three shocks: COVID, the US withdrawal from Afghanistan, the Ukrainian crisis, and all this has affected the international situation.
◽️ At the international level, there is now more conflict and competition. A number of countries are trying to spread their ideology in other regions. We see an attempt to dominate through the so-called new resources – through technology (microchips, semiconductors).
◽️ Some countries have a habit of punishing and scaring everyone with economic sanctions.
◽️ However, the pyramidal structure of the world is beginning to crumble: Asia is developing, primarily China, Russia is developing, other countries, in particular India, are also straightening up and showing their strength in the international arena.
◽️ The world is getting on the rails of multipolarity. This is the future.
◽️ A hybrid war is going on in Ukraine – an attempt to undermine the international world order. But Russia and many Asian countries approach the international agenda more globally and responsibly and are trying to make sure that everyone comes to cooperation.
◽️ Relations between India and Russia are developing outside the policy of confrontation. Our views on the future development of the world are similar.
◽️ Vladivostok can become a place to bring people together – this is one of the development opportunities for Asia as a whole.
◽️ For us, this is also significant from the point of view of energy cooperation. India is one of the countries with large energy consumption, and it would be convenient for us if the Russian Far East developed.
◽️ We are also interested in cooperation in the field of green technologies. In this regard, the implementation of projects for the development of the Northern Sea Route is important, an integrated sea corridor is needed so that Russia can trade through Iran. In such a case, India too can take its place in the transportation of goods to these parts of the world.
◽️ There are concerns:
◽️ But the main thing is that India is ready to support Russia in the development of the Far East, and I think that in the end it will take the position of a strategic balancer in all processes.
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
◽️ Asia becomes a gravitational point where everyone flocks. But we live in a difficult period, where there is a lot of uncertainty. The world has gone through three shocks: COVID, the US withdrawal from Afghanistan, the Ukrainian crisis, and all this has affected the international situation.
◽️ At the international level, there is now more conflict and competition. A number of countries are trying to spread their ideology in other regions. We see an attempt to dominate through the so-called new resources – through technology (microchips, semiconductors).
◽️ Some countries have a habit of punishing and scaring everyone with economic sanctions.
◽️ However, the pyramidal structure of the world is beginning to crumble: Asia is developing, primarily China, Russia is developing, other countries, in particular India, are also straightening up and showing their strength in the international arena.
◽️ The world is getting on the rails of multipolarity. This is the future.
◽️ A hybrid war is going on in Ukraine – an attempt to undermine the international world order. But Russia and many Asian countries approach the international agenda more globally and responsibly and are trying to make sure that everyone comes to cooperation.
◽️ Relations between India and Russia are developing outside the policy of confrontation. Our views on the future development of the world are similar.
◽️ Vladivostok can become a place to bring people together – this is one of the development opportunities for Asia as a whole.
◽️ For us, this is also significant from the point of view of energy cooperation. India is one of the countries with large energy consumption, and it would be convenient for us if the Russian Far East developed.
◽️ We are also interested in cooperation in the field of green technologies. In this regard, the implementation of projects for the development of the Northern Sea Route is important, an integrated sea corridor is needed so that Russia can trade through Iran. In such a case, India too can take its place in the transportation of goods to these parts of the world.
◽️ There are concerns:
• Prime Minister Modi recently said that the militarization of the Arctic must not be allowed – now there is such a danger. • In addition, there are fears that the relationship between India and China could undermine the relationship between Russia and India. ◽️ But the main thing is that India is ready to support Russia in the development of the Far East, and I think that in the end it will take the position of a strategic balancer in all processes.
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
@valdai_club
🇷🇺 Anastasia Likhacheva, Dean of the Faculty of World Economy and International Affairs, HSE University
▪️ It seems that all of the above is too good to be true. But these conditions do exist, and they are of a long-term nature. For Russia, choosing the best is important.
▪️ Returning to the topic of the session (multipolarity), it is not the number of poles that matters, but their quality. The whole logic of turning to the East was based on a deep understanding of how globalization works, global markets, and what role Asia plays in these relations. In the last six months, the processes have accelerated, a deep revision has begun. And this revision will not be soft, quick and amicable.
▪️ One aspect of the transition to a new globalization is already very clearly taking shape – this is a departure from the commodity-nomenclature snobbery that was inherent in the last stage of globalization: “Supply of vulgar hydrocarbons, wheat, fertilizers? Yes, this is just the baseline.” This was the case both at the level of rhetoric and at the level of distribution of corporate value.
▪️ In recent years, a grocery delivery app could be valued dozens of times more expensive than food delivery companies and manufacturers. Today, for dozens of countries, it doesn’t matter what application you have for delivering groceries if you don’t have bread and nothing to charge your phone with.
▪️ And this transition is very important for the Far East, for how it will lead Russia to Asia and wider – to the big world to the East and South.
▪️ We are ready to export not only specific goods: we are ready to export food, water and energy security. And that's a huge competitive advantage. The export value of the Far East is the readiness to provide these goods in a predictable and sustainable manner.
▪️ It is important for us:
🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
▪️ It seems that all of the above is too good to be true. But these conditions do exist, and they are of a long-term nature. For Russia, choosing the best is important.
▪️ Returning to the topic of the session (multipolarity), it is not the number of poles that matters, but their quality. The whole logic of turning to the East was based on a deep understanding of how globalization works, global markets, and what role Asia plays in these relations. In the last six months, the processes have accelerated, a deep revision has begun. And this revision will not be soft, quick and amicable.
▪️ One aspect of the transition to a new globalization is already very clearly taking shape – this is a departure from the commodity-nomenclature snobbery that was inherent in the last stage of globalization: “Supply of vulgar hydrocarbons, wheat, fertilizers? Yes, this is just the baseline.” This was the case both at the level of rhetoric and at the level of distribution of corporate value.
▪️ In recent years, a grocery delivery app could be valued dozens of times more expensive than food delivery companies and manufacturers. Today, for dozens of countries, it doesn’t matter what application you have for delivering groceries if you don’t have bread and nothing to charge your phone with.
▪️ And this transition is very important for the Far East, for how it will lead Russia to Asia and wider – to the big world to the East and South.
▪️ We are ready to export not only specific goods: we are ready to export food, water and energy security. And that's a huge competitive advantage. The export value of the Far East is the readiness to provide these goods in a predictable and sustainable manner.
▪️ It is important for us:
• To realize that we are able to export not only barrels; • To develop infrastructure; • Not to scrimp on investments – the stakes are very high now, and these investments will pay off.🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.
#EEF2022 #valdaiclub
🇧🇷 The Brazilian elections of 2022 will be the most important since the process of redemocratization started after the end of the Civic-Military Dictatorship.
The traditional Brazilian political axis of the dispute between the center-left (PT) and the center-right represented by the Brazilian Social Democracy Party (PSDB) almost three decades ago was changed to the competition between the center-left (PT) and the far-right led by the Liberal Social Party (PSL) of Jair Bolsonaro.
What is at stake is much more than the return of former President Lula to the Planalto Palace, is more like a referendum on his political role in recent years, writes Valdai Club expert Charles Pennaforte.
#Norms_and_Values #Brazil
@valdai_club
The traditional Brazilian political axis of the dispute between the center-left (PT) and the center-right represented by the Brazilian Social Democracy Party (PSDB) almost three decades ago was changed to the competition between the center-left (PT) and the far-right led by the Liberal Social Party (PSL) of Jair Bolsonaro.
What is at stake is much more than the return of former President Lula to the Planalto Palace, is more like a referendum on his political role in recent years, writes Valdai Club expert Charles Pennaforte.
#Norms_and_Values #Brazil
@valdai_club
Valdai Club
Brazil: Quo Vadis? Change of direction or maintaining international isolation?
What can Brazil and the international community expect from the outcome of its presidential election? There is a widespread consensus both in Brazil and abroad that Brazil has suffered great wear in its international image. In the last 30 years Brazil has…
🌏🌎 Today, it is still too early to judge what the international order will be like in the future, when the West will have to admit its historic defeat in the struggle to maintain global dominance.
It will be formed gradually, as the leading powers determine, by their often dangerous actions, the limits of their power capabilities and the scope of what is permitted.
It is important that one of the signs of the on-going changes is not the division of the world into opposing camps, but the adaptation of states to the changing conditions that occur as a result of the conflict between the great powers.
This is likely to be a signal that in the future we do not run the risk of facing the phenomenon of the restoration of the bipolar system that was characteristic of the international order during the Cold War period of 1945-1990, writes Valdai Club Programme Director Timofei Bordachev.
#Asia_and_Eurasia #WorldOrder
@valdai_club
It will be formed gradually, as the leading powers determine, by their often dangerous actions, the limits of their power capabilities and the scope of what is permitted.
It is important that one of the signs of the on-going changes is not the division of the world into opposing camps, but the adaptation of states to the changing conditions that occur as a result of the conflict between the great powers.
This is likely to be a signal that in the future we do not run the risk of facing the phenomenon of the restoration of the bipolar system that was characteristic of the international order during the Cold War period of 1945-1990, writes Valdai Club Programme Director Timofei Bordachev.
#Asia_and_Eurasia #WorldOrder
@valdai_club
Valdai Club
How the World Is Overcoming the Divide Between Russia and the West
The conflict in Europe will increasingly become local and of direct interest to its main participants. To the same extent, the rest of the world will move precisely towards non-participation in one way or another, writes Valdai Club Programme Director Timofei…
🌏 The approaching summit of the Shanghai Cooperation Organization (SCO) is attracting heightened attention this year for obvious reasons, two of which arguably matter more than the rest.
1️⃣ First, the SCO’s authority and importance in world affairs are growing so steadily that more and more states are interested in acquiring some kind of status in the SCO, with the latest round of expansion expected at the forthcoming summit.
2️⃣ Second, the global situation has substantially deteriorated this year. There have appeared completely new global challenges that cannot go unanswered by the SCO leaders.
Russia has a realistic view of the situation and understands that some Central Asian states have a cautious attitude to the special military operation in Ukraine and do not support all actions by Moscow. Under the circumstances, Russia will not speed up the SCO’s transformation into a military-political coalition, writes Alexander Vorontsov, Head of the Korea and Mongolia Department, Institute of Oriental Studies, Russian Academy of Sciences.
#EconomicStatecraft #SCO
@valdai_club
1️⃣ First, the SCO’s authority and importance in world affairs are growing so steadily that more and more states are interested in acquiring some kind of status in the SCO, with the latest round of expansion expected at the forthcoming summit.
2️⃣ Second, the global situation has substantially deteriorated this year. There have appeared completely new global challenges that cannot go unanswered by the SCO leaders.
Russia has a realistic view of the situation and understands that some Central Asian states have a cautious attitude to the special military operation in Ukraine and do not support all actions by Moscow. Under the circumstances, Russia will not speed up the SCO’s transformation into a military-political coalition, writes Alexander Vorontsov, Head of the Korea and Mongolia Department, Institute of Oriental Studies, Russian Academy of Sciences.
#EconomicStatecraft #SCO
@valdai_club
Valdai Club
What to Expect From the SCO Summit in Samarkand
Russia has a realistic view of the situation and understands that some Central Asian states have a cautious attitude to the special military operation in Ukraine and do not support all actions by Moscow. Under the circumstances, Russia will not speed up the…
🌏 An SCO summit will be held in Samarkand, Republic of Uzbekistan, on September 15-16.
The summit will take place amid three converging crises that directly affect the SCO member states andregional peace and security and that can catalyse changes in the existing world order. First comes the ongoing crisis in Afghanistan followed by the Ukraine-related crisisinvolving the "sanctions from hell" on Russia, and the crisis surrounding Chinese Taiwan that was caused by US provocations. The crisis of international relations which provides fertile soil for the crystallisation of anew multipolar world is the biggest crisis, though.
The world is witnessing a sharp aggravation in East-West relations that is being caused by the onset of a new world order. Once again, the West is “building” walls of alienation and “lowering” a second Iron Curtain in 70 years. The United States is making futile attempts to form a “broad-based” coalition against Russia and is resorting to blackmail and threats against China in an attempt to preservethe unipolar world. Global politics and economics are in the throes ofmounting turbulence and tensions. The conventional international order is becoming a thing of the past.
The forthcomming summit of the Shanghai Coopertion Organisation is critically important for global peace and international security. The first post-pandemic, comprehensive, in-person meeting of the Eurasian G8 and its partners is expected to come off as a historic event, writes Rashid Alimov, Professor, Academy of Public Administration under the President of the Republic of Tajikistan, Doctor of Political Sciences, SCO Secretary-General (2016–2018).
#Asia_and_Eurasia #SCO #SCO2022
@valdai_club
The summit will take place amid three converging crises that directly affect the SCO member states andregional peace and security and that can catalyse changes in the existing world order. First comes the ongoing crisis in Afghanistan followed by the Ukraine-related crisisinvolving the "sanctions from hell" on Russia, and the crisis surrounding Chinese Taiwan that was caused by US provocations. The crisis of international relations which provides fertile soil for the crystallisation of anew multipolar world is the biggest crisis, though.
The world is witnessing a sharp aggravation in East-West relations that is being caused by the onset of a new world order. Once again, the West is “building” walls of alienation and “lowering” a second Iron Curtain in 70 years. The United States is making futile attempts to form a “broad-based” coalition against Russia and is resorting to blackmail and threats against China in an attempt to preservethe unipolar world. Global politics and economics are in the throes ofmounting turbulence and tensions. The conventional international order is becoming a thing of the past.
The forthcomming summit of the Shanghai Coopertion Organisation is critically important for global peace and international security. The first post-pandemic, comprehensive, in-person meeting of the Eurasian G8 and its partners is expected to come off as a historic event, writes Rashid Alimov, Professor, Academy of Public Administration under the President of the Republic of Tajikistan, Doctor of Political Sciences, SCO Secretary-General (2016–2018).
#Asia_and_Eurasia #SCO #SCO2022
@valdai_club
Valdai Club
SCO Summit in Samarkand: Expectations Amid Uncertainty
The forthcomming summit of the Shanghai Coopertion Organisation is critically important for global peace and international security. The first post-pandemic, comprehensive, in-person meeting of the Eurasian G8 and its partners is expected to come off as a…
📆 ANNOUNCEMENT: On September 16 at 12:00 Moscow Time (GMT+3), the Valdai Club will host a discussion on import substitution in the context of anti-Russia sanctions.
Unprecedented restrictive measures against Russia by Western states have given particular importance to the issue of import substitution of foreign goods and services.
Under the new conditions, the substitution of Western imports can go in two ways. The key is the rise of the domestic industry, and for this, Russia retains scientific and technical reserves in a number of strategic industries. At the same time, the task is to expand trade relations with friendly countries in order to replace in a short time those goods that are leaving the Russian market and that domestic production will not be able to master in a short time.
❓To what extent is the domestic industry ready for import substitution?
❓What needs to be done by the state to support industry?
❓Which sectors are the most vulnerable, and in which sectors can import substitution be carried out as soon as possible?
Participants of the expert discussion will try to find answers to these and other questions.
👥 Speakers:
🔹 Aleksey Dzermant, Director, Centre for the Study and Development of Continental Integration “Northern Eurasia”
🔹 Maxim Kolesnikov, Deputy Minister of Economic Development of the Russian Federation
🔹 Dmitry Kolobov, Director of the Department for the Development of the Industry of Socially Significant Goods of the Ministry of Industry and Trade of the Russian Federation
Moderator:
🚩 Ivan Timofeev, Programme Director of the Valdai International Discussion Club
Working languages: Russian, English.
ℹ️ Information for the media: In order to get accredited for the event, please fill out the form on our website or call +79269307763.
A link to the live broadcast of the discussion will be posted on all online platforms of the Valdai Club: on the website, Twitter, VKontakte, Telegram and Yandex.Zen.
#EconomicStatecraft #import #sanctions
@valdai_club
Unprecedented restrictive measures against Russia by Western states have given particular importance to the issue of import substitution of foreign goods and services.
Under the new conditions, the substitution of Western imports can go in two ways. The key is the rise of the domestic industry, and for this, Russia retains scientific and technical reserves in a number of strategic industries. At the same time, the task is to expand trade relations with friendly countries in order to replace in a short time those goods that are leaving the Russian market and that domestic production will not be able to master in a short time.
❓To what extent is the domestic industry ready for import substitution?
❓What needs to be done by the state to support industry?
❓Which sectors are the most vulnerable, and in which sectors can import substitution be carried out as soon as possible?
Participants of the expert discussion will try to find answers to these and other questions.
👥 Speakers:
🔹 Aleksey Dzermant, Director, Centre for the Study and Development of Continental Integration “Northern Eurasia”
🔹 Maxim Kolesnikov, Deputy Minister of Economic Development of the Russian Federation
🔹 Dmitry Kolobov, Director of the Department for the Development of the Industry of Socially Significant Goods of the Ministry of Industry and Trade of the Russian Federation
Moderator:
🚩 Ivan Timofeev, Programme Director of the Valdai International Discussion Club
Working languages: Russian, English.
ℹ️ Information for the media: In order to get accredited for the event, please fill out the form on our website or call +79269307763.
A link to the live broadcast of the discussion will be posted on all online platforms of the Valdai Club: on the website, Twitter, VKontakte, Telegram and Yandex.Zen.
#EconomicStatecraft #import #sanctions
@valdai_club
Valdai Club
Valdai Club to Discuss Import Substitution in the Context of Anti-Russia Sanctions
On September 16 at 12:00 Moscow Time (GMT+3), the Valdai Club will host a discussion on import substitution in the context of anti-Russia sanctions.
Valdai Discussion Club pinned «📆 ANNOUNCEMENT: On September 16 at 12:00 Moscow Time (GMT+3), the Valdai Club will host a discussion on import substitution in the context of anti-Russia sanctions. Unprecedented restrictive measures against Russia by Western states have given particular…»
⏰ TODAY at 12:00 Moscow Time (GMT+3), the Valdai Club will host a discussion on import substitution in the context of anti-Russia sanctions.
❓To what extent is the domestic industry ready for import substitution?
❓What needs to be done by the state to support industry?
❓Which sectors are the most vulnerable, and in which sectors can import substitution be carried out as soon as possible?
Participants of the expert discussion will try to find answers to these and other questions.
A link to the live broadcast of the discussion will be posted on all online platforms of the Valdai Club: on the website, Twitter, VKontakte, Telegram and Yandex.Zen.
#EconomicStatecraft #import #sanctions
@valdai_club
❓To what extent is the domestic industry ready for import substitution?
❓What needs to be done by the state to support industry?
❓Which sectors are the most vulnerable, and in which sectors can import substitution be carried out as soon as possible?
Participants of the expert discussion will try to find answers to these and other questions.
A link to the live broadcast of the discussion will be posted on all online platforms of the Valdai Club: on the website, Twitter, VKontakte, Telegram and Yandex.Zen.
#EconomicStatecraft #import #sanctions
@valdai_club
UPD: The livestream is over. The video of the discussion is available via the same link. Stay tuned!
🎥 LIVE: at 12:00 Moscow Time (GMT+3) we are starting a discussion on import substitution in the context of anti-Russia sanctions.
https://vk.com/video-214192832_456239029
#EconomicStatecraft #import #sanctions
@valdai_club
🎥 LIVE: at 12:00 Moscow Time (GMT+3) we are starting a discussion on import substitution in the context of anti-Russia sanctions.
https://vk.com/video-214192832_456239029
#EconomicStatecraft #import #sanctions
@valdai_club
Vk
LIVE: A Discussion on Import Substitution in the Context of Anti-Russia Sanctions
On September 16 at 12:00 Moscow Time (GMT+3), the Valdai Club will host a discussion on import substitution in the context of anti-Russia sanctions. More: https://valdaiclub.com/multimedia/video/a-discussion-on-import-substitution/
Valdai Discussion Club pinned «UPD: The livestream is over. The video of the discussion is available via the same link. Stay tuned! 🎥 LIVE: at 12:00 Moscow Time (GMT+3) we are starting a discussion on import substitution in the context of anti-Russia sanctions. https://vk.com/video-2…»
📷 On September 16, the Valdai Club held a discussion on import substitution in the context of anti-Russia sanctions.
Photo gallery of the discussion is available on VK.
The video of the discussion is available via this link.
Stay tuned!
#EconomicStatecraft #import #sanctions
@valdai_club
Photo gallery of the discussion is available on VK.
The video of the discussion is available via this link.
Stay tuned!
#EconomicStatecraft #import #sanctions
@valdai_club
🇷🇺🛍 Import Substitution: Technological Sovereignty and the Cultivation of Russian Brands
On September 16th, the Valdai Club hosted a discussion dedicated to the issues of import substitution in the context of anti-Russia sanctions.
“Since February 2022, so-called export controls targeting Russia have reached a level that the world has not seen implemented, probably, for the last seventy years,” said Ivan Timofeev, Programme Director of the Valdai Club, who moderated the discussion. “We predict that the process of imposing export and import restrictions will continue.” According to Timofeev, the best way to adapt to this process is import substitution.
🔹 Maxim Kolesnikov, Deputy Minister of Economic Development of the Russian Federation, emphasised that the government has been working diligently on a high-priority plan to respond to the new challenges. Among these measures, he named concessional lending programmes, tax incentives, and direct financial support. “We can say that these and other measures helped to stabilise the situation and avoid the decline of the economy, which was predicted at the beginning of the year,” added the Deputy Minister. “It’s too early to say, but we believe the economy has adapted quickly to the new challenges.” He called the increase in technological sovereignty, which implies import substitution and a restoration of technological parity, a key area of the economy.
🔹 According to Dmitry Kolobov, Director of the Department for the Development of the Industry of Socially Significant Goods of the Ministry of Industry and Trade of the Russian Federation, all sectors of the economy must now answer three questions: what should we do in a full cycle, what will we continue to import, and what shall we do with foreign markets? He said that the ministry provides support to companies mainly in the spheres of logistics, working with finances, and rebuilding cooperation chains. He called support for advertising of Russian manufacturers on Russian television an important measure.
🔹 Aleksey Dzermant, Director of Northern Eurasia, the Belarusian Centre for the Study and Development of Continental Integration, noted that the Republic of Belarus faced sanctions that forced it to engage in import substitution even before the Russian Federation. He pointed to the successfully implemented Union programmes of deep integration, which provide for the convergence of technological regulations, approaches to transport, and logistics. He expressed interest in the idea of a digital analogue of the Soviet State Planning Committee (Gosplan, the agency responsible for central economic planning in the USSR). This ‘Digital Gosplan’ would assemble information about the industrial capabilities of Russia, Belarus, and potentially other EAEU countries into a single, digital system. According to Dzermant, it is also important to study the experience of countries that have been under sanctions for a long time, particularly Iran and North Korea.
#EconomicStatecraft #import #sanctions
@valdai_club
On September 16th, the Valdai Club hosted a discussion dedicated to the issues of import substitution in the context of anti-Russia sanctions.
“Since February 2022, so-called export controls targeting Russia have reached a level that the world has not seen implemented, probably, for the last seventy years,” said Ivan Timofeev, Programme Director of the Valdai Club, who moderated the discussion. “We predict that the process of imposing export and import restrictions will continue.” According to Timofeev, the best way to adapt to this process is import substitution.
🔹 Maxim Kolesnikov, Deputy Minister of Economic Development of the Russian Federation, emphasised that the government has been working diligently on a high-priority plan to respond to the new challenges. Among these measures, he named concessional lending programmes, tax incentives, and direct financial support. “We can say that these and other measures helped to stabilise the situation and avoid the decline of the economy, which was predicted at the beginning of the year,” added the Deputy Minister. “It’s too early to say, but we believe the economy has adapted quickly to the new challenges.” He called the increase in technological sovereignty, which implies import substitution and a restoration of technological parity, a key area of the economy.
🔹 According to Dmitry Kolobov, Director of the Department for the Development of the Industry of Socially Significant Goods of the Ministry of Industry and Trade of the Russian Federation, all sectors of the economy must now answer three questions: what should we do in a full cycle, what will we continue to import, and what shall we do with foreign markets? He said that the ministry provides support to companies mainly in the spheres of logistics, working with finances, and rebuilding cooperation chains. He called support for advertising of Russian manufacturers on Russian television an important measure.
🔹 Aleksey Dzermant, Director of Northern Eurasia, the Belarusian Centre for the Study and Development of Continental Integration, noted that the Republic of Belarus faced sanctions that forced it to engage in import substitution even before the Russian Federation. He pointed to the successfully implemented Union programmes of deep integration, which provide for the convergence of technological regulations, approaches to transport, and logistics. He expressed interest in the idea of a digital analogue of the Soviet State Planning Committee (Gosplan, the agency responsible for central economic planning in the USSR). This ‘Digital Gosplan’ would assemble information about the industrial capabilities of Russia, Belarus, and potentially other EAEU countries into a single, digital system. According to Dzermant, it is also important to study the experience of countries that have been under sanctions for a long time, particularly Iran and North Korea.
#EconomicStatecraft #import #sanctions
@valdai_club
Valdai Club
Import Substitution: Technological Sovereignty and the Cultivation of Russian Brands
On September 16th, the Valdai Club hosted a discussion dedicated to the issues of import substitution in the context of anti-Russia sanctions. “Since February 2022, so-called export controls targeting Russia have reached a level that the world has not seen…
🌏 The SCO is witnessing increasing interest from the developing nations.
One of the near-term issues concerns the possible expansion in the organization’s membership in the coming years as well as the possible creation of SCO development institutions.
🧩 In terms of the expansion in the ranks of SCO one of the most significant additions in the near term will be Iran that is expected to become a full-fledged member of the organization during the 2023 India’s chairmanship.
🧩 Another potential member in the process of accession is Belarus.
🧩 There may also be an elevation in the membership/partnership status of countries such as Turkey, Sri Lanka, Cambodia, Nepal, Azerbaijan and Armenia (currently dialogue partners of the SCO) – some of these countries may acquire observer status in the organization.
🧩 Furthermore, the status of SCO dialogue partners may be accorded to countries such as Saudi Arabia, Qatar and Egypt in 2022, while the launching of procedures related to granting such status to Bahrein and Maldives may also take place this year.
Valdai Club Programme Director Yaroslav Lissovolik writes on the SCO’s transition of the SCO towards a more economy-focused organization.
#Valdai_WorldEconomy #SCO
@valdai_club
One of the near-term issues concerns the possible expansion in the organization’s membership in the coming years as well as the possible creation of SCO development institutions.
🧩 In terms of the expansion in the ranks of SCO one of the most significant additions in the near term will be Iran that is expected to become a full-fledged member of the organization during the 2023 India’s chairmanship.
🧩 Another potential member in the process of accession is Belarus.
🧩 There may also be an elevation in the membership/partnership status of countries such as Turkey, Sri Lanka, Cambodia, Nepal, Azerbaijan and Armenia (currently dialogue partners of the SCO) – some of these countries may acquire observer status in the organization.
🧩 Furthermore, the status of SCO dialogue partners may be accorded to countries such as Saudi Arabia, Qatar and Egypt in 2022, while the launching of procedures related to granting such status to Bahrein and Maldives may also take place this year.
Valdai Club Programme Director Yaroslav Lissovolik writes on the SCO’s transition of the SCO towards a more economy-focused organization.
#Valdai_WorldEconomy #SCO
@valdai_club
Valdai Club
What to Expect From the Expansion in SCO Membership?
the SCO is witnessing increasing interest from the developing nations and one of the near-term issues concerns the possible expansion in the organization’s membership in the coming years as well as the possible creation of SCO development institutions. Valdai…