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HomeLatest NewsPSB discussed investments in countries of the Asia-Pacific region - Rossiyskaya Gazeta

PSB discussed investments in countries of the Asia-Pacific region – Rossiyskaya Gazeta

Date: May 26, 2024 Time: 05:06:12

PSB held a round table on the theme “Asia without Illusions: Trade, Investment and Prospects” within the framework of the “Investors Club” at the venue of the 8th Eastern Economic Forum.

“Now that we are witnessing a change in trade flows in the world, the issue of investment in Asian markets becomes especially relevant and promising. Russia’s foreign trade relations are directed towards the countries of the Asia-Pacific region, which It is becoming an alternative market for the development of Russian trade and investment. It is mainly “China, which follows an open policy, including in the field of investment and finance. We see the growing economic interest of China and Russia in each other, and tools have already been created that allow market participants to sell and invest successfully,” said Vera Podguzova, PSB Senior Vice President and Director of External Relations, opening the event. event.

Representatives of Russia’s largest manufacturing, industrial and investment fund companies participated in the debate. Participants in the debate discussed the advantages and risks of alternative markets, freight logistics issues between Russia and Asia-Pacific countries, growth points for Russian issuers, areas of capital diversification and infrastructure investments, as well as such as the development of the Far East as a platform for increasing investment capital.

Within the framework of the opening day of the forum, Vera Podguzova participated in the presentation of the growing brands of the Far East and in the session “The nation of creativity: regional initiatives and international partnerships in the creative economy”.

In her speech, the top management of the PSB noted that the development of creative industries requires investments in infrastructure no less large than the implementation of large industrial projects, which are now in the spotlight. But at the same time, the effect of investments in the creative economy is seen much faster and also creates motivation for the population, for the development of the regions and for the economy in other sectors.

Vera Podguzova cited statistics according to which in 2022 in the creative industry of the Far Eastern Federal District about 2,750 small and medium-sized enterprises operated. Of them, 65% corresponded to three regions: the Primorsky Territory, the Khabarovsk Territory and the Republic of Sakha (Yakutia), which indicates the economic leadership of these regions in the industry and the fact that most of the creative sector workers are employed.

“This is an area where intercultural and interstate exchange is very high. Mainly in the field of cinema, video content, animation and exhibition activities in other countries. And such projects require reliable financial support. PSB now successfully makes payments cross-border for banking clients in Chinese yuan, document transactions in yuan, conversion transactions and also works with the Vietnamese dong, makes payments in rubles with conversion to Indian rupees This is the infrastructure that will accelerate the development of creative industries and open up additional opportunities for growth,” said the bank’s top executive.

Press release provided by PJSC Promsvyazbank

General license for banking operations No. 3251 dated December 17, 2014. Advertising

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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