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Friday, April 19, 2024

Sochi forum explores Russian economic growth

Representatives of various Russian government entities attended the international investment forum "SOCHI-2014" from Sept. 18-21 to discuss solutions to economic questions and follow economic trends and developments in the country.

The Russian Federation, the Bank of Russia, the Bank of URALSIB and the Ministry of Finance of the Russian Federation amongst others attended the forum. The Government of the Russian Federation supported the forum.

In roundtable discussions and panels, forum attendees spoke on pressing economic issues such as state monopolies, the pension system, industrial modernization, energy efficiency and land development. Additionally, social development and infrastructure also made up much of the discussion.

"Currently, the effectiveness of public-private partnerships in the social development of regions is becoming increasingly important," URALSIB Deputy Chairman of the Board Ayrat Gaskarov said. To this end, Gaskarov also detailed the extended meetings attended by heads of regions in order to help consolidate information on projects and future cooperation.