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RF-Singapore business forum discusses emerging markets

Traditionally, the forum features officials from Russia and Singapore, business elites of the two countries and from the CIS and Asian states

SINGAPORE, September 26 (Itar-Tass) —— The growing popularity of the Russia-Singapore business forum proves good perspectives for Russia’s trade and economic cooperation with Singapore and other countries of Asia, CEO of Russia’s Sberbank German Gref said at the opening of the sixth forum on Monday.

Traditionally, the forum features officials from Russia and Singapore, business elites of the two countries and from the CIS and Asian states. Participants in this year’s forum include, besides Gref, Troika Dialogue’s CEO Ruben Vardanyan, Tatarstan’s Head Rustam Minnikhanov and Singapore’s founding father Lee Kuan Yew.

Gref welcomed the forum’s participants. Monday’s agenda includes a discussion of emerging markets’ potential, of further development of Greater China, and industrial parks as a model to develop Russia’s regions.

Minnikhanov is expected to make a speech on Monday, too. On September 16, German Gref invited Russia’s regional leaders to take part in the forum in Singapore.

“Singapore is organising a special session for governors, in order to share positive experiences in management,” he said. “I believe, Singapore will be as welcoming all the regions as it welcomes Tatarstan.”

On Tuesday, Sberbank will organise a business breakfast, called “Singapore Miracle: Mystery or Everyday Effort.” Gref will moderate the event.

Tatarstan’s delegation to the forum will organise a presentation of the republic’s economic potential. It will feature Ak Bars Aero, Zelenodolsk’s shipyard, Kazan’s helicopter plant.