21 May 2013, Tuesday, 16:54

Euromoney Forum in Ufa will make Bashkiria closer to western investors

author: Elvira Latypova

The Euromoney Investment Forum will be held at the Ufa Congress Hall on Wednesday, May 22. It is the first similar forum spent by the Government of Bashkortostan together with Euromoney Company within the limits of the cooperation agreement signed this year.

As the Minister of Economic Development RB Alexander Maryin informs, about 300 companies announced their participation in the forum, half of them are foreign companies. The Ufa forum drew attention of tens of large banks and investment companies.

Tristan Hillgarth, the Director of Euromoney Institutional Investor PLC marks that «many advantages of Bashkortostan are still unknown in the west», and one of the conference purposes is to inform potential investors.

As the Editor of Euromoney conferences Mark Johnson says, now annually the company spends about 60 similar forums worldwide, including Russia.

Mr. Hillgarth considers that it is important for investors to see «an explicit legal field» with effective system of law enforcement. According to Mark Johnson, the taxation system is of great value — it should be fair and should not serve as «an instrument of political pressure».

Alexander Maryin informs that Euromoney Investment Forum will be held in a format of four panel discussions.

It will take place among other large international events — «Gas. Oil. Technologies-2013» exhibition and «The Big Chemistry» Forum. This is not by accident.

“We create a common platform for investors and priority branches interested in attraction of investments,” Alexander Maryin underlines.