In Kazan, Republic of Tatarstan, on September 8, 2023, a visiting session of NAIR.Global took place within the framework of the international forum “SPROUTS: Russia and China – mutually beneficial cooperation.” Heads of Russian regional agencies and representatives of Chinese provinces held mutual presentations of economic opportunities.
The event was organized by the Investment Development Agency of the Republic of Tatarstan. Executive Director of NAAIR Rafael Khusyainshin moderated the event.
From Russian agencies, presentations were made by NAAIR board member, head of the Investment Development Agency of the Republic of Tatarstan Talia Minullina, General Director of the Tyumen Region Investment Agency Nikolai Purtov, General Director of the Sverdlovsk Region Investment Promotion Agency Mikhail Vasiliev and General Director of the Ulyanovsk Region Development Corporation Sergey Vasin. Representatives of Jiangsu, Anhui and Guangdong presented the achievements and potential of the provinces of China. All speakers noted the high level of foreign trade cooperation and the growth area in investment activity, although there were reasons to note the investment activity of Chinese companies in Russia and Russian companies in China. Colleagues from other regions had the opportunity to watch the session broadcast online on the forum website.
The head of the Tatarstan Investment Development Agency made a presentation of the investment potential of Tatarstan and received a certificate of the high level of service and quality of work with investors based on the results of an independent assessment conducted by the National Association of Investment and Development Agencies.
“Events of this kind allow us to synchronize information about current support measures for foreign investors operating in Russia and China. The exchange of such information is important, including for the implementation of the task set by the NAAIR Supervisory Board to create a consortium of investment agencies of the BRICS countries,” noted NAAIR Executive Director Rafael Khusyainshin.
Representatives from 10 agencies in Russian regions, among about 7 thousand participants, came to the forum in Kazan, and many of them took the opportunity to establish contacts with representatives of 600 Chinese companies.
The Tatarstan Agency introduced an innovation and organized a stand to demonstrate investor guides and videos of Russian regions.
“Uniting colleagues is strength. We are grateful to the managers and employees of Russian investment agencies who took part in the forum; I was glad to welcome them personally, including in the agency building. We have long since reached the level where we can recommend each other to foreign companies. I am sure that a competitor is, first of all, a partner,” summed up the head of the Tatarstan Investment Agency, Talia Minullina.