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Directions for development and diversification of the Russian-Finnish economic relations

Trade Representative of the Russian Federation in Finland Dr. Valery A. Shlyamin Perspectives of Russian-Finnish economic cooperation in field of transport and logistics Helsinki, 21.9.2012. 1. 1. 1. Directions for development and diversification of the Russian-Finnish economic relations.

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Directions for development and diversification of the Russian-Finnish economic relations

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  1. Trade Representative of the Russian Federation in Finland Dr. Valery A. Shlyamin Perspectives of Russian-Finnisheconomic cooperationin field of transport and logisticsHelsinki,21.9.2012 1 1 1

  2. Directions for development and diversificationof the Russian-Finnish economic relations • deepening of investment cooperation • enlargement of innovation interaction of business communities • increase of trade in services • industrial and scientific-industrial cooperation of enterprises • development of regional and cross-border cooperation • participation of Finnish companies in modernization of the Russian economy

  3. December 16th, 2011 Geneva Ministerial Conference has approved the Working Group report concerning Russia's membership in WTO July 21st, 2012 Moscow Russian Federation has ratified Russian WTO accession protocol August 22nd, 2012 Russia finally entered the WTO End of the longest ever negotiation period (18 years) 3

  4. Possible benefits of Russia’s WTO membership WTO membership Possibilities for development of technologies exchange One of the ways for Russian economy diversification and modernization (www.formodernisation.com) Finnish partners have good opportunites for participation We open our markets to create modern and competitive economy 4

  5. Estimates of Russia’s WTO membership impact on the Finnish economy Source: Bank of Finland, World Bank 5

  6. Source: Federal customs service of the Russian Federation, National Board of customs of Finland, 2012 6

  7. Share of Finland in the Russian foreign trade, % 7 Source: Federal customs service of the Russian Federation

  8. Eurasian Economic Commission Eurasian Regional Integration 2012

  9. Common economic space of Russia, Belarus and Kazakhstan

  10. The Customs Union and the Single Economic Space Share in the Global Export of Goods in 2010 |10 Source: Eurasian Economic Commission

  11. Thank you for attention! Trade Representation of the Russian Federation in Finland www.rusfintrade.ru E-mail: vneshtorg.vesfin@rustrade.inet.fi 12 12 12

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