The return of Western businesses to Russia should be based on pragmatic partnerships and the transfer of technologies needed by the country, Russian Presidential Aide and Executive Secretary of the Eastern Economic Forum Organizing Committee Anton Kobyakov said.
"Competition is needed. It makes both the country and our companies stronger. We need the best management practices and technologies. How can we obtain these technologies? The president has made clear that the conditions will be different," Kobyakov said.
He noted that Russia no longer want to assemble some parts of their products, a good alternative has emerged in the East. The aide said possible ways to work with Western companies include joint ventures with technology transfers and concessions, TASS reported.
"We need to bring in the specialists we need and would welcome joint work on complex, capital-intensive processing. We are also ready to cooperate on basic and applied research, including in the corporate sector, on an equal footing and in a win-win format. These are the key areas and conditions, only pragmatic partnerships," Kobyakov said.
The Eastern Economic Forum will be held on September 1-4 at the Far Eastern Federal University campus in Vladivostok.
