Working meeting with ASEAN Secretary General H.E. Dato Lim Jock Hoi

03 february 2020

The Russia-ASEAN Business Council conducted a working meeting between the leaders of Russian companies and banks with ASEAN Secretary General Lim Jock Hoi during his working visit to Russia on February 3, 2020 in Moscow.

The meeting was attended by representatives of the ASEAN Secretariat, the ambassadors of ASEAN member states in Russia, the leaders of JSC Russian Railways, Rostec State Corporation, PJSC Power Machines, PJSC Inter RAO, Rosatom State Corporation, LLC Azov Sea Port, JSC National Immunobiological Company, State Development Corporation VEB.RF, Roscongress Foundation, as well as the leaders of the major Russian business unions - the Chamber of Commerce and Industry of Russia, the Russian Union of Industrialists and Entrepreneurs and Business Russia.

Chairman of the Russia-ASEAN Business Council Ivan Polyakov in his welcome speech noted the exceptional importance of the ASEAN Secretary General's meeting with the Russian business community and stressed the need to further enhance trade and economic relations between Russia and ASEAN. “The Russia-ASEAN Business Council is actively cooperates with the ASEAN Business Advisory Council, the ASEAN Business Club and the leading business unions of the ASEAN countries, and is also a regular participant in the ASEAN Business and Investment Summit (ABIS), in which it plans to take part in 2020,” said Ivan Polyakov.

ASEAN Secretary General Lim Jock Hoi presented a detailed report on current work to strengthen regional integration in ASEAN, in which he stressed the need to develop effective interaction between the business community of Russia and ASEAN. In his speech, he also emphasized the importance of the EAEU and ASEAN Expert Seminar, that was conducted by the Russia-ASEAN Business Council in Moscow on December 9-10, 2019.

“The development of bilateral cooperation opens up new prospects for business in ASEAN, Russia and the EAEU. In this regard, we welcome constructive engagement with the Russian and EAEU business community including through the Russia-ASEAN Business Council and the Chamber of Commerce and Industry of Russia,” said ASEAN Secretary General Lim Jock Hoi.

He also drew attention to the importance of building cooperation both in traditional areas of interaction and in areas related to the processes of digital transformation of the economy. In this regard, Lim Jock Hoy spoke about such important projects as the ASEAN Single Window and the ASEAN Innovation Roadmap 2019-2025, which are being implemented as part of the implementation of the ASEAN Economic Community Blueprint 2025.

The President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin emphasized the great importance of work in the eastern direction for Russian entrepreneurship and noted the significant potential for increasing Russia's trade volume with ASEAN countries.

Member of the Board - Minister of the Eurasian Economic Commission Sergey Glazyev emphasized that today ASEAN is the leader in international relations of the EAEU and expressed confidence in further strengthening of fruitful cooperation. Sergey Glazyev also highlighted the importance of the EAEU and ASEAN Expert Seminar held in December 2019 to develop an action plan for the implementation of the EAEU-ASEAN Cooperation Program for the period up to 2025.

The prospects for developing business cooperation between Russia and the ASEAN countries were actively discussed during the working meeting. The parties discussed plans for further work and coordinate joint actions to increase cooperation. Moreover, representatives of Russian business community got actual information on the investment climate and business opportunities in ASEAN countries.