Vnesheconombank Chairman Vladimir Dmitriev participated in the annual World Economic Forum in Davos on January 21-22, 2016
V. A.Dmitriev: “As usual, the Davos Forum’s agenda is extensive and emphasis is as a rule placed on relevant challenges faced by the global community and by individual countries. And in this respect, challenges related to the fourth technological revolution or industrial revolution have a bearing on almost all aspects of our life. Strange as it may seem, this is undoubtedly related to our financial sector, our economic development. As a development institution our bank is interested in the themes on the Forum’s agenda that are related to financial sector and development banks. In this respect, a very interesting session of financial institutions’ leaders was held yesterday - it was devoted to long-term financial resources that are used to fund long-term, expensive large-scale projects”.
In his address in the course of the workshop “Forecast for Russia”V.Dmitriev said that we needed to try to see trends in our economy. Specifically, he stressed that VEB completed funding 10 major projects worth 800 billion rubles.
On the course of the Forum Vnesheconombank’s Chairman held a number of bilateral with partners from foreign financing institutions.
“Our foreign partners still demonstrate interest in us as a bank for development and in Russia as a whole. Undoubtedly, we use the Davos venue to hold talks with as many of our partners as possible and our discussions show that we as bank for development and Russia as a whole are of interest for them. Because of sanctions some of them do not maintain business relations with us, they do not fund our projects but we maintain contacts at various levels and here I mean not only national financing institutions but also international financing institutions such the European Bank for Reconstruction and Development, the International Finance Corporation, the European Investment Bank. This has never stopped and our conclusion from the conversations we had is that our foreign partners demonstrate their vivid interest in what is going on in Russia as well as their readiness to get down to implementing joint projects with Vnesheconombank in Russia as soon as sanctions are lifted”, said V.Dmitriev in his interview to TV Channel Russia 24.