To date, Russian legislation has all the necessary provisions for fruitful cooperation with the People's Republic of China. However, there are infrastructural bottlenecks in terms of logistics, the throughput capacity of a number of railway and road routes, border checkpoints, and the capacity of Russian energy networks. These are the areas that need to be developed and modernized. This was stated by Dmitry Vorona, Deputy Chairman of the Federation Council Committee on Economic Policy, while answering journalists' questions at the III International Forum “SPROUTS: Russia and China – Mutually Beneficial Cooperation”.
“From the standpoint of the regulatory framework, more clarifications and business consultations from both sides are needed. A greater number of consultants and professional lawyers from both Russia and China are required, who could work with investors, similar to how it is done in the Republic of Tatarstan when supporting investment projects,” the senator noted.
According to him, the Russian institutes and universities offer numerous programs aimed at training highly qualified specialists in trade, legal, and financial cooperation with China to meet market demands. Among young people, starting from school, there is a very high demand for learning the Chinese language. Furthermore, public organizations, such as the Russian Chamber of Commerce and Industry, are also actively contributing to this effort.
“Today, we talk about the need for both sides to have more competent knowledge of law,” said Dmitry Vorona.
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The Third International Forum “SPROUTS: Russia and China – Mutually Beneficial Cooperation” will be held in Kazan on August 18-19. Participants from 32 countries, 59 regions of Russia, and 24 administrative divisions of the People's Republic of China have registered for the forum. Eleven government delegations and at least 200 Chinese corporations are expected to attend. Approximately 10,000 people will participate in the forum.
The business program covers areas such as inter-state dialogue, economics, industry, education, business and entrepreneurship, business associations, finance and investment, culture, media, law, transport, agriculture, tourism, and construction. The program features around 100 events, including 70 business sessions. Around 20 agreements are planned to be signed at the forum.
ANPO Directorate of International Programmes is the operator responsible for preparing and holding the SPROUTS Forum.
Official website of the SPROUTS Forum: https://russiachinaforum.com
“From the standpoint of the regulatory framework, more clarifications and business consultations from both sides are needed. A greater number of consultants and professional lawyers from both Russia and China are required, who could work with investors, similar to how it is done in the Republic of Tatarstan when supporting investment projects,” the senator noted.
According to him, the Russian institutes and universities offer numerous programs aimed at training highly qualified specialists in trade, legal, and financial cooperation with China to meet market demands. Among young people, starting from school, there is a very high demand for learning the Chinese language. Furthermore, public organizations, such as the Russian Chamber of Commerce and Industry, are also actively contributing to this effort.
“Today, we talk about the need for both sides to have more competent knowledge of law,” said Dmitry Vorona.
*****
The Third International Forum “SPROUTS: Russia and China – Mutually Beneficial Cooperation” will be held in Kazan on August 18-19. Participants from 32 countries, 59 regions of Russia, and 24 administrative divisions of the People's Republic of China have registered for the forum. Eleven government delegations and at least 200 Chinese corporations are expected to attend. Approximately 10,000 people will participate in the forum.
The business program covers areas such as inter-state dialogue, economics, industry, education, business and entrepreneurship, business associations, finance and investment, culture, media, law, transport, agriculture, tourism, and construction. The program features around 100 events, including 70 business sessions. Around 20 agreements are planned to be signed at the forum.
ANPO Directorate of International Programmes is the operator responsible for preparing and holding the SPROUTS Forum.
Official website of the SPROUTS Forum: https://russiachinaforum.com