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11 December, Monday

Ufa   °

A new impulse for attraction of French investments

Economy/Business

The cooperation agreement between the Government of Bashkortostan and the French-Russian Trade-Industry Chamber is signed today in the Government’s House. The document is signed by the President RB Rustem Khamitov and the General Director of the French-Russian Trade-Industry Chamber Paul Shinsky.

“This agreement represents a new turn in mutually beneficial cooperation between Bashkortostan and our Trade-Industry Chamber” – Paul Shinsky said after the signing ceremony – “We’re getting a new impulse for further attraction of investments”.

According to the agreement the French-Russian Trade-Industry Chamber will present our Republic to the foreign companies as an open and transparent site for development of long-term investment programs.

The French investors already know the economic potential of Bashkiria and new agreement allows slightly changing the rules for attraction of the foreign companies to the local market. Thus, thanks to support of the Republican leadership new trade centers of “IKEA”, ASHAN” and “LERUA MERLEN” has to be put into operation in the shortest possible time.

“Interesting cooperation is indicated in the chemical branch” – Paul Shinsky said to the news agency “Bashinform” – “Thus, we intend to hold the all-Russian chemical forum in Ufa in May next year, where the projects on establishment of techno-parks at some enterprises of Salavat and Sterlitamac are to be considered”.

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