Programme

ECONOMICS: FRANK ANSWERS TO PRESSING QUESTIONS

Russia: Seizing the Opportunities
Panel Session
Pavilion 8A, Congress Hall

Moderator:
Konstantin Remchukov , General Director, Editor-in-Chief, Nezavisimaya Gazeta

Panellists
Herman Gref , Chief Executive Officer, Chairman of the Executive Board, Sberbank
Alexey Kudrin , Chairman of the Board, Center for Strategic Research Foundation; Deputy Chairman, Economic Council under the President of the Russian Federation
Igor Shuvalov , First Deputy Prime Minister of the Russian Federation

Broadcast

Key moments

We don’t want a complete turn eastwards. We simply want to trade with the East just as much as the West. Cutting off trade with the West has never been on our agenda.
Igor Shuvalov
Russia’s main problem today is structural disparities. Not a single serious structural issue can be solved in the framework of a three-year plan.
Alexei Kudrin
It is better to look to the future instead of the past. We need to quickly build the kind of economy that the future demands.
Herman Gref
A crisis is always the result of bad management.
Herman Gref
The representatives of those countries actively advocating sanctions also say that the idea of a large Europe, from Lisbon to Vladivostok, is still on the table.
Igor Shuvalov
In regards to where we are now in terms of growth, we are right in the middle of a storm.
Alexei Kudrin
We need ambitious development plants! If we don’t, we will face major risks. We also need to combine high growth rates with qualitative growth.
Igor Shuvalov