The Association of Clusters, Technology Parks, and Special Economic Zones of Russia presented Russian cooperation experience at a meeting of the Committee on Investment and Economic Development of the CIS Business Center for Economic Development
The Association of Clusters, Technology Parks, and Special Economic Zones of Russia presented proposals for developing cross-border industrial cooperation at a meeting of the Committee on Investment and Economic Development of the CIS Business Center for Economic Development, which took place on October 13 in Moscow.
Mikhail Labudin, Director of the Association of Clusters, Technology Parks, and Special Economic Zones of Russia, delivered a presentation. He emphasized that Russian practices of cluster development and the creation of industrial sites can form the basis for cooperation with partners in the CIS and the EAEU. However, to achieve this, regulatory barriers must be removed and a unified system of support measures must be developed.
"We are united by long-standing industrial ties and similar approaches to industrial policy, but today we are constrained not by economics but by legislation. Businesses need the opportunity to seamlessly implement projects with the support of CIS and EAEU countries," stated Mikhail Labudin.
He paid special attention to the experience of the Eurasian Economic Commission, which is discussing a mechanism for preferential lending for projects in at least three EAEU countries. According to the Association of Industrialists and Entrepreneurs of the Russian Federation, expanding this approach to CIS countries will accelerate the development of joint production chains.
Meeting participants—representatives of the Eurasian Economic Commission, financial institutions, industry associations, and the business community of CIS countries—supported the need to create a unified cooperation space and discussed the prospects for establishing a common center of expertise.