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Eastern Economic Forum

Skolkovo representative office in China helping Russian startups — VP

"This is not a simple task because there are plenty of producers, quality differs, and objective difficulties with payments and logistics are in place. It is a challenging task for small technology companies to do all that on their own," Yury Saprykin noted

VLADIVOSTOK, September 8. /TASS/. The representative office of the Skolkovo Foundation in China is helping domestic startups to solve tasks related to electronics, substitution of components and searcing for partners in manufacturing, Vice President of the Foundation Yury Saprykin said at the Eastern Economic Forum (EEF).

"This is not a simple task because there are plenty of producers, quality differs, and objective difficulties with payments and logistics are in place. It is a challenging task for small technology companies to do all that on their own," Saprykin said, cited by the Foundation’s press service.

Physical presence of Office employees in China is one of positive factors, he noted.

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Eastern Economic Forum

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FACTBOX: Collective Security Treaty Organization

The Collective Security Treaty came into force on April 20, 1994 to herald the emergence what would eventually become the Collective Security Treaty Organization. The six member-countries are Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan

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