Russia: Seizing the Opportunities
Panel Session
Pavilion 4, Conference Hall 4.3

Small and medium-sized enterprises (SMEs) have the potential to play a much more significant role in the Russian growth story, particularly as the country emerges from economic downturn and restructuring. But to tap the full potential of the SME sector, regulatory reform is needed. What steps should the government take to unleash growth in SMEs? How can an increase in the share of economic activity attributed to SMEs trigger greater competition and productivity in the economy as a whole?

Piotr Marczewski , Managing Director, Thomson Reuters, Russia and CIS

Vladimir Gruzdev , Chairman of the Board, Association of Lawyers of Russia
Alexander Kalinin , President, All-Russian Non-Governmental Organization of Small and Medium-Sized Businesses Opora Russia
Shiv Vikram Khemka , Vice Chairman, SUN Group
Irina Makieva , Deputy Chair, Bank for Development and Foreign Economic Affairs (Vnesheconombank)
Oleg Fomichev , State Secretary, Deputy Minister of Economic Development of the Russian Federation
Natasha Khanjenkova , Managing Director, The European Bank for Reconstruction and Development (EBRD)

Front row participants
Anatoly Aksakov , Chairman of the Committee of the State Duma of the Federal Assembly of the Russian Federation on Financial Markets; President, Association of Regional Banks of Russia (Association ‘Russia’)
Pavel Betsis , President, Microsoft Russia
Victor Yermakov , Director General, The Russian Agency for the Support of Small and Medium Businesses
Norihiko Ishiguro , Vice-Minister for International Affairs, Ministry of Economy, Trade and Industry of Japan
Mikhail Orlov , Partner, Head of Tax and Legal, KPMG


Key moments

Small and medium enterprises do not need more regulation… they need less regulation. Most important they need – clear rules of the game.
Shiv Vikram Khemka
To give small and medium-sized business access to technological innovations and to make this accessible from a financial perspective is one of the main priorities.
Pavel Betsis