1. Business Opportunities in Russia Head of the Trade Representation of Russia in Belgium and Luxembourg Vladimir Vorobiev Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Mechelen, 10 th December, 2014

2. 2 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Russian Economy Today  Ranking in Doing Business: 2014 – 62; 2013 – 92  Russia - is the sixth largest economy in the world from the point of view of GDP volume (2,6 trillion USD based on PPS)  From the point of view of GDP per capita Russia is the 16th in the world (24,3 thousand USD)  Public debt is the lowest compared to GDP among the BRICS countries and USA in 2013 (Russia - 11,3%; USA - 104,7%; China - 22,4%; Brazil - 66,3%; India - 66,7%)  National gold reserves - Russia holds the fifth place in the world with 510 bln. USD. (China - 3 879 bln. USD; Japan - 1267 bln. USD; Saudi Arabia - 726 bln. USD; Switzerland - 536 bln. USD)  Russia is the seventh largest market (145,6 mln. people)

3. 3 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Russian Economy Today  Average monthly salary in Russia in 2013 is 937 USD (15 times growth from the year 1999)  Industrial production is growing (+1,5%)  Nice crop harvest (102-104 mln. t., annual growth of 10-13%)  Foreign trade turnover in 2013 is 842 bln. USD (with EU- 49%; CIS - 14%; APEC - 25%: China - 11%, Japan - 4%, USA - 3%, India - 1,2%)  The capital outflow has reduced (23,7 bln. USD in the II semester and 13 bln. USD in the III semester compared with 48,6 bln. USD in the I semester)  In 2014 the GDP growth of 0,5% is foreseen

4. 4 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Russian-Belgian trade & economic relations  Belgium is an important trade & economic partner for Russia  We are satisfied to observe positive dynamics in all areas of our trade & economic cooperation: trade in goods and services, investments, industrial and scientific cooperation  During the eight months of 2014 the turnover between Russia and Belgium has increased by 15,3 to reach 8,8 bln. USD. Belgium is the 17th most important trade partner for Russia  The volume of trade in services grows steadily and has reached 1,2 bln. USD in 2013  The amount of Belgian investment accumulated in Russia – 3,9 bln. USD  The amount of Russian investment accumulated in Belgium – 232,7 mio. USD

5. 5 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Commodity Structure of the Russian Exports to Belgium in 2013

6. 6 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Commodity Structure of the Russian Imports from Belgium in 2013

7. 7 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Main areas of cooperation Aviation & Space (LMS, Barco, Thales Alenia Space, Skywin) Energy & Petrochemistry (Solvay, Eurochem, Lamifil, Lhoist,Gunvor ) Transport & Logistics (Ahlers, DEME, Jan De Nul, ports of Antwerp, Ghent, Zeebrugge and Ostende) Healthcare & Pharmaceutics (IBA, Janssen Group, UCB Pharma) Innovations (University of Ghent, Catholic University of Leuven, IMEC)

8. 8 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Economic cooperation between Belgium and Russian Regions For many Russian regions Belgium is the major trade and investment partner The most attractive sectors for Belgian enterprises at the regional level are: Chemical industry Construction Agriculture Healthcare R&D Transport & Logistics The most active areas are: Moscow and Moscow Region Saint-Petersburg and Leningrad Region Nizhniy Novgorod Region Krasnodar Region Republic of Tatarstan Tomsk Region

9. 9 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Eurasian Economic Union to Belgium  Dates: February, 2015  Participants: Officials of the Eurasian Economic Commission and businessmen  Aim: Matching of European and Eurasian businessmen; informing European partners about the Eurasian Economic Union

10. 10 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Belgian transport and seafood sector to Russia (Saint-Petersburg and Murmansk Region)  Dates: March, 2015  Participants: Saint-Petersburg & Murmansk Region Government; CCI of Saint-Petersburg and Murmansk; Pulkovo Airport; Rosmorport; Port of Saint- Petersburg  Aim: Establishing of new cargo airline Murmansk-Antwerp; promoting of Russian seafood export to Belgium and Luxembourg; attending the International exhibition “Sea, Seafood and Technologies”, 17-19 March, 2015 in Murmansk

11. 11 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Vologda Region to Belgium and Luxembourg  Dates: 1 st semester, 2015  Participants: Vologda Region Government; companies Severstal, Vologda Berry, VOMZ  Aim: Development of cooperation in the metallurgy, food sector and optics

12. 12 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Kostroma Region to Belgium and Luxembourg  Dates: 1 st semester, 2015  Participants: Kostroma Region Government; food and light industry of the region  Aim: Development of cooperation in the food sector and light industry

13. 13 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of Saint-Petersburg to Belgium  Dates: 1 st semester, 2015  Participants: Saint-Petersburg Government; Saint-Petersburg CCI; transport and healthcare sector  Aim: Presentation of investment opportunities of Saint-Petersburg; attracting Belgian investors to Saint-Petersburg investment projects

14. 14 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Stavropol Region to Belgium and Luxembourg  Dates: 1 st semester, 2015  Participants: Stavropol Region Government and businessmen  Aim: Entering the Belgium market by companies from the Stavropol Region

15. 15 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Chelyabisk Region to Belgium and Luxembourg  Dates: 2 nd trimester, 2015  Participants: Chelyabinsk Region Government and businessmen  Aim: Entering the Belgium market by companies from the Chelyabinsk Region

16. 16 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of Russian hi-tech industry to Belgium  Dates: 2 nd trimester, 2015  Participants: Rusnano, Skolkovo, JSC RVK, Technospark, Eltech  Aim: Development of hi-tech cooperation and exchange of new technologies

17. 17 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Moscow Region to Belgium  Dates: April, 2015  Participants: Moscow Region Government and healthcare sector  Aim: Involving Belgian partners in modernization of the healthcare system in the Moscow Region

18. 18 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of the Krasnodar Region to Belgium and Luxembourg  Dates: 2 nd trimester, 2015  Participants: Krasnodar Region Government; tourist sector of the region  Aim: Involving Belgian partners in modernization of the tourist infrastructure of the Krasnodar Region, participation in bilateral tourist programmes

19. 19 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Participation of Belgian and Luxembourg companies in the IV International Business Summit in Nizhniy Novgorod  Dates: September, 2015  Participants: Nizhniy Novgorod Region Government; companies RusVinyl, RusPav, JSC Okskaya Sudiverf, JSC Krasnoe Sormovo, Nizhniy Novgorod Research Institute of Traumatology and Orthopedics  Aim: Development of cooperation in the areas of healthcare, shipbuilding and infrastructure, transportation and logistics, automotive

20. 20 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Participation of Belgian and Luxembourg companies in the Open Innovations 2015 Forum  Dates: October, 2015  Participants: Russian Innovative Clusters; Rusnano; Skolkovo; Eltech; Saint Petersburg National research University of Information Technologies, Mechanics and Optics; Saint Petersburg Electrotechnical University LETI  Aim: Involving Belgian partners in modernization Russian research centers, development of cooperation in hi-tech area

21. 21 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Business Mission of Russian space sector to Belgium and Luxembourg  Dates: 2 nd November, 2015  Participants: Roscosmos; TSKB Progress; Reshetnev ISS; RKK Energia  Aim: Launching of joint space programs; development of cooperation in the space industry

22. 22 Business Opportunities in Russia Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg X Session of the Joint Economic Commission Russia-BLEU (Luxembourg) and Business Forum  Dates: December, 2015  Participants: Governments of Russia, Belgium and Luxembourg, key business players  Aim: Development of economic cooperation between our countries, signing of cooperation agreements

23. 23 Contact Information Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Drève de Lorraine 45 B-1180 Bruxelles Tel. : +32 (0)2 375 40 20 Fax : +32 (0)2 375 74 10 traderep.ru@skynet.be

24. 24 Ministry of Economic Development of the Russian Federation Trade Representation of Russia in Belgium and Luxembourg Thank you for your attention!