RT Prime Minister Rustam Minnikhanov: “Today we have to pay much attention to real economic sector”

15.10.2008

International Investment Forum Euromoney is being held in “Korston”, Kazan. Its main purpose is the discussion of development strategies concerning investment and innovative cooperation, interaction between power and business in conditions of economic globalization, presentation of Tatarstan for international business society.

Rustam Minnikhanov considers that we need serious investments in knowledge and intellectual potential in new economic conditions. International Investment Forum Euromoney-Kazan 2008 may help many companies and enterprises to cooperate.

RT Prime Minister also noted in his speech that nowadays republic has quite stable economic connections with 100 countries and their regions around the world. Foreign trade turnover has increased. Thus, it defines high international rating of Tatarstan and its organic integration into world society.

Richard Banks, General Director of Euromoney conference told about world economic crisis. He supposes that the reason was that too many credits were issued for too many borrowers at low rates on simple conditions. Markets will still be under the influence of this crisis and some companies will become bankrupt. But rising markets such as Russia and Tatarstan have a great future ahead them.

Marat Safiullin, RT Minister of Economy also made a speech at the Forum.

IA Tatar-inform