Transformation of Cooperation Chains: New Opportunities and Prospects
Unprecedented sanctions have severed the working ties and connections it took Russian industry years to establish. In order to prevent shortages of raw materials and components, global value chains must be transformed – and building new economic relations with industrial enterprises from friendly countries should be given special attention, especially those within the EAEC and the Union State. However, a significant number of the working ties that existed with friendly countries were severed in the 1990s and have yet to be fully restored. Moreover, the transformation of global value chains has led to a decrease in cooperation between EAEU countries in most industries over the past 5 years. This has been especially pronounced in the production of electrical equipment, machinery, metallurgy, and in the chemical industry – mutual supply trends in these areas show negative values. Should we establish new domestic enterprises for the production of import-substituting products or would it be more profitable to build production chains with enterprises from friendly countries in possession of the necessary competencies? What customs-related, infrastructural, logistical, and other barriers are hindering the strengthening of swift industrial cooperation with friendly countries? How can we stimulate industrial cooperation between domestic enterprises and friendly countries? How can the supranational economic structures of the EAEU and the Union State contribute to strengthening working ties between member countries under pressure from sanctions? How can we establish a process for information exchange on major investment projects between industrial enterprises within the EAEU and the Union State?
Andrey Shpilenko, Director, Association for the Development of Clusters, Technology Parks and SEZ of Russia
Yury Borisov, Deputy Prime Minister of the Russian Federation
Kirill Lipa, General Director, Transmashholding
Alexey Rakhmanov, Chairman of the Board, Chief Executive Officer, United Shipbuilding Corporation
Delcy Rodriguez Gomez, Executive Vice President, Minister of People´s Power of Economy, Finance and Foreign Trade, Bolivarian Republic of Venezuela
Petr Fradkov, Chairman, Promsvyazbank
Front row participants
Maria Vasilkova, Member of the Committee of the State Duma of the Federal Assembly of the Russian Federationon on Industry and Trade
Andrey Klepach, Chief Economist, VEB.RF
Alan Lushnikov, President, Kalashnikov Concern
Mikhail Sutyaginskiy, Chairman of the Board of Directors, Titan Group of Companies
Alexander Shakutin, Chairman of the Board of Directors, "AMKODOR" – Holding Management Company"