February, 17, 2015
February, 17, 2015
Moscow provides the venue for crucial discussions on Russian trade, exports and financing
Business and finance leaders from Russia and its key trade partners gathered in Moscow on February 17, where GTR’s Russia & CIS Trade & Export Finance Conference provided the region’s only forum of its kind for open debate on the current intra-regional trade and financing climate.
With international sanctions, domestic economic stagnation and currency volatility causing severe disruption to business flows and an increasingly challenging financing environment for the region’s exporters, opportunities remained available to those banks and companies with appetite for Russia’s ongoing reorientation towards alternative business partners.
While frozen trade and investment flows with Europe show little sign of thawing, high-growth Asian markets and south-south trade corridors offer an attractive source of trade and foreign investment, with initiatives being employed from government level downward to maximise on new and existing international relationships and increase flows of financing and goods with key economies. As challenging fiscal conditions continue to bite across the Russian economy, innovation in the domestic banking sector and the participation of foreign institutions were said to be crucial in maintaining the region’s international trade and private sector investment.
Leading industry practitioners gathered to discuss the alternative geographies offering trade and investment opportunities, highlight the financing sources, structures and techniques being utilised to sustain business volumes, and offer perspectives on the future direction of the trade and export finance sectors in one of the industry’s most significant markets.
Welcoming official support from Exiar and a host of international organisations, as well as speakers from some of Russia’s largest banks and exporting companies and those Export Credit Agencies (ECAs) and financial institutions most active in the region, the gathering provided a crucial opportunity to reconnect with key contacts and clients while gaining the latest insight on fluid market conditions and the sentiment of its key players.