Putin will participate in the 13th “RUSSIA CALLING!” investment forum

As earlier announced by his press-secretary Dmitri Peskov, Russian President Vladimir Putin will participate in the «RUSSIA CALLING!» forum this Tuesday.

The forum will be held online for the second time. Putin is expected to speak during the plenary session and also answer questions from the participants. This session will be moderated by Andrey Kostin — President and Chairman of the Management Board of VTB.

Putin is a frequent guest on this forum. Last year he also spoke with business representatives from Europe, Asia and America via videoconference. The participants were interested in the President’s opinion on a number of issues including the impact of the coronavirus pandemic on the Russian economy, the intentions of the Russian government regarding the support for the country’s population and the prospects of its development. The Head of State assured the participants that the Russian government would try to do everything, so that the work of investors on the Russian market would be more effective than in other regions of the world.

He emphasized that the work in the real sector of economy was continuing, and expressed hope that the amount of such cooperative effort would only rise. International relations were also addressed: for example, the participants wanted to know Putin’s position on the effect of the US elections on the economy, the resolution of the Nagorno-Karabakh conflict, and the situation in Belarus.

Climate and technology

Also, a macroeconomic panel titled «New economic policy: green and technological transformation» will be held on the first day of the forum. It will be attended by the Minister of Finance of the Russian Federation Anton Siluanov, the Minister of Economic Development Maxim Reshetnikov, Aide to the President of the Russian Federation Maxim Oreshkin, as well as Central Bank Governor Elvira Nabiullina, Wildberries founder and CEO Tatiana Bakalchuk and Founder of RUSAL, GAZ Group and Volnoe Delo Foundation Oleg Deripaska.

This session will be moderated by Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank.

Stock market trends and ESG

The second day of the investment forum will open with a session devoted to infrastructure projects. Experts will discuss the opportunities for realization of cutting-edge development projects, key performance indicators and the ESG (environmental, social, governance) criteria in the infrastructure, as well as red tape reduction in the building sphere.

The second day of the forum will continue with a session «Drop in the ocean or a tidal wave: what effect do individual investors have on stock markets?». The participants will have the opportunity to discuss new tendencies on the stock market, possible directions for investments, and the risks and opportunities of actions by Central Banks worldwide for the markets. A business session on sustainable development is also to be held.

«The issue of global warming is becoming increasingly urgent. The need to reduce CO2 emissions, to reduce consumption and to switch to alternative energy sources is being talked about all over the world. However, the measures that are being taken in an accelerated mode are sure to have an impact on society. We have to think about the fact that many developing countries are currently unable to convert to green energy. That while solving environmental problems it is necessary to remember social problems by reducing poverty and increasing education. What is primary in the three letters E, S, G? Shouldn’t their sequence be changed? And how does the ESG agenda affect Russia? We plan to discuss all this on December 1,» said Dmitry Snesar, Head of Market Sector Customer Relations — Senior Vice President at VTB, cited by the bank’s press office.

About the forum

«RUSSIA CALLING!» investment forum has been held since 2009. Traditionally, it is attended by representatives of the Russian government authorities, the biggest international corporations and leading Russian companies. The agenda encompasses key relevant issues of the global economy, finance and business sphere.