The 3d session of VII Russia-Singapore Business Forum “Russia and CIS: Opportunities and Challenges” opened by the speech of President of the Republic of Tatarstan Rustam Minnikhanov.

The Tatarstan President thanked organisers of the event for the opportunity to share his ideas about mechanisms of forming new growth model under the conditions of globalization of the world economy and current changes in Russia.

Rustam Minnikhanov noted that decisions made by the country’s leadership focus on economic optimization, development of small and medium-size business.

The Tatarstan President specified main factors of the region’s economic development saying that engineering and oil-gas-chemical complexes demonstrate satisfactory growth and all social commitments are fulfilled. Tatarstan widely participates in all federal programs, often becoming a pilot region for their realization.

President of Tatarstan expressed gratitude for the experience republic obtains in Singapore. Best Singapore practices are used in Tatarstan. It concerns, in particular, the system of electronic state services, professional development of teachers and many infrastructure decisions.