Business programme

Pivot East 3.0.: The Asian Vector in the Economy

16 Jun , 17:00–18:15
The New Economic Order: Responding to the Challenges of the Time

Asian powers, including China, Japan and India, have formed significant partnership with practically all of the developed countries over the past 50–60 years. For Russia, that faces a possible economic reorientation and a search for new commodity and investment markets, its turn to the East is of particular relevance today. With its enormous investment potential, the Russian Far East deserves special attention: minerals and renewable natural resources, abundance of highly skilled personnel and quality higher education institutions, as well as rapidly developing technology sector. At the same time, the markets of the East are still a "terra incognita" for Russian business in many ways. For instance, a number of their essential features, such as the regulatory requirements of Asian investors in terms of sustainable development, are still not entirely understood – even though it is one of the key factors that affect the ability of a company or region to increase its attractiveness in the eyes of potential partners. How interesting are the Asian markets to Russian business? How can Russian companies, which until now have sought to be sustainable primarily for the West, change their vector to the East in search of new markets and investments? What are the specifics of these markets in terms of sustainability infrastructure, including the non-financial disclosure requirements of the Asia-Pacific stock exchanges as compared to the LSE, NYSE and NASDAQ? What has Russian business already encountered in real life when turning to the East? How may the current geopolitical tensions in the world, causing a breakdown of existing supply chains and logistical difficulties, impact the development of business with Asian countries? What needs to be done by the Russian government to attract investors from Asian countries and are there examples of support for foreign investors, particularly in the Far East?