1 2 3
June 2017
21 June
Panel

THE WTO IMPACT AND ENHANCING RUSSIA’S INDUSTRIAL COMPETITIVENESS

11:45-13:00 Pavilion 4, Conference Hall 4.1
Accession to the WTO may be the single most important step towards enhancing Russia’s economic competitiveness since its founding. However, many challenges must still be overcome – including modernizing equipment, raising productivity, absorbing high energy inputs and social costs, and shifting up the value chain with more knowledge-intensive industries – in order to put Russian industrial production on a globally competitive footing. How might WTO accession and other key factors drive increased industrial competitiveness and productivity? What can be done to make these necessary structural changes palatable for the Russian workforce? What are the benefits of Russia’s WTO accession for foreign companies?
In cooperation with RUSAL
Moderator:
Kirill Androsov, Chairman of the Board of Directors, Aeroflot JSC; Managing Partner, Altera Capital
Panellists:
Andrey Belousov, Minister of Economic Development of the Russian Federation
Oleg Deripaska, Chairman of the Management Board, Chief Executive Officer, UC RUSAL
Arancha Gonzalez, Chief of Staff, WTO
Lord Mandelson, Chairman, Global Counsel LLP; European Commissioner for Trade (2004–2008)
Alexei Mordashov, Chief Executive Officer, Severstal; Head of the Commission on Integration, Trade and Customs Policy and the WTO, Russian Union of Industrialists and Entrepreneurs
Jorgen Rasmussen, President, Chief Executive Officer, Carlsberg Group
Andrei Slepnev, Member of the Board on Trade, Eurasian Economic Commission
Front row participant:
Siegfried Wolf, Chairman, Russian Machines

Highlights

Scale is our key competitive advantage. The scale of our territory, especially now that we are part of an integration bloc, the scale of our market, and our scale as a global player. We are aware that politics, the economy and commerce are interrelated ... and I guess that the primary objective – and our accession to the WTO was an important move in achieving this – is not to lose this competitive advantage and to realise this potential.

Andrei Slepnev
Member of the Board on Trade, Eurasian Economic Commission

We’re always discussing the advantages and disadvantages of the WTO for the producer, but it is vital to remember that the WTO is to a large extent not about producers but about consumers, and access to the market for goods and services. Joining the WTO is an additional factor that forces producers to set competitive prices.

Alexey Mordashov
CEO, Severstal JSC

We must understand that the WTO is not a club of friendly, smiling people; rather, it is a shark tank, and we will come to see this very soon, in three or four years, unless we build up our competitiveness.

Oleg Deripaska
President, En+ Group; Chief Executive Officer, Chairman of the Management Board, UC RUSAL

This is the big thing about Russia becoming a member of the WTO. The WTO will provide opportunities for Russia; it will not guarantee results. It will provide opportunities, provided Russia wants to use these opportunities. And, if I had to give advice, then I would say: If you are given an opportunity, go and play on the offence.

Arancha Gonzalez
Chief of Staff, WTO

We also have to recognise honestly that one of the reasons why perfectly good, decent Russian companies are marked down and undervalued is not a result of what those companies are doing themselves, but because of the politics that are surrounding those companies in the country as a whole.

Lord Mandelson
Chairman, Global Counsel LLP; European Commissioner for Trade (2004—2008)

Removing barriers, customs barriers, and, most importantly, harmonising regulatory standards and authorisation procedures, has a very substantial impact … Russia’s accession to the WTO is a step toward supporting our relative competitiveness.

Alexey Mordashov
CEO, Severstal JSC

At this time

11:45-13:00
The Global Growth Agenda G20 Agenda. Panel

UNLOCKING INVESTMENT TO ACCELERATE GROWTH

11:45-13:00 Pavilion 5, Conference Hall 5.1
Russia’s New Horizons Roundtable

EFFECTIVE RESPONSES TO CRISIS-HIT TERRITORIES

In cooperation with the Republic of Dagestan

11:45-13:00 Mercedes-Benz STARBAR
Russia’s New Horizons Briefing

THE CUSTOMS UNION AND THE CES: STATUS AND FUTURE DEVELOPMENTS

11:45-13:00 Pavilion 5, Conference Hall 5.2
Russia’s New Horizons Panel

AVIATION IN RUSSIA: BRINGING ECONOMIES OF SCALE TO THE NEXT STAGE IN DEVELOPMENT

11:45-13:00 Pavilion 8, Conference Hall 8.3
Russia’s New Horizons Panel

BUILDING THE NEW RUSSIAN SMART ECONOMY

In cooperation with Mobile TeleSystems

11:45-13:00 Pavilion 3, Amphitheatre
Russia’s New Horizons Russian Grids Roundtable

ACCESSIBLE GRIDS: AN ATTRACTIVE INVESTMENT CASE OR SOCIAL INFRASTRUCTURE?

11:45-13:00 Pavilion 4, Conference Hall 4.3
The Global Growth Agenda Rossiya 24 Televised Debate

BRICS PARTNERSHIP – THE POTENTIAL AND LIMITATIONS IN GLOBAL STEWARDSHIP