16.12.2011 - Russian Direct Investment Fund: EU companies should look to Russia to tap growth prospects
Russia's accession to the World Trade Organization (WTO) will spur an increase in mutual Russian-European investment, and European companies should look East to the Russian market for new sources of growth. These were key themes addressed by Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund, in remarks delivered at the EU-Russia Industrialists Roundatable today. The Roundtable was held as part of the EU-Russia Summit in Brussels. Russia's expected accession to the WTO will give a sizeable boost to the country's GDP growth rate, Mr. Dmitriev said. He expects industrial production to rise on increased international sales as Russia further integrates into the global economy. (Press Release)