Tatarstan Ministry of Industry and Trade and non-profit partnership “Association of European Businesses” signed Memorandum of Understanding

On November 25 at his meeting with Director General of the Association of European Businesses Frank Schauff at Tatarstan Government House Ildar Khalikov briefly told about the regional economy, key industrial sectors, special economic zone “Alabuga”, High Technology Technopark IT-park and other innovative projects.

Director General of the Association of European Businesses Frank Schauff said that Tatarstan is one of the most dynamically developing Russian regions and attractive to foreign investors, including European ones. Mr. Schauff reminded that he had visited SEZ “Alabuga” and noted good construction quality of production facilities at the zone.

The Association of European Businesses is the largest one in Europe and includes more than 600 European companies from different sectors of the economy, including companies which are developing business in Russia.

Director General of “Messe Frankfurt Rus” Eugen Alles made a short presentation of the company. “Messe Frankfurt Rus” is the world’s largest trade fair organizer with its own exhibition grounds in Frankfurt-am-Main. “Messe Frankfurt Rus” is planning to enter the regional Russian markets and Tatarstan market in particular.

At the end of the meeting Tatarstan Ministry of Industry and Trade and non-profit partnership “Association of European Businesses” signed a Memorandum of Understanding

It is expected that the memorandum will enable extending cooperation to make improvements to the investment climate and contribute to the development of international relations between Tatarstan and European enterprises in the sphere of industrial production and trade, including production and sales of auto components.

Deputy Prime Minister – Tatarstan Minister of Industry and Trade Ravil Zaripov, Head of Association of Enterprises and Entrepreneurs of the Republic of Tatarstan Aleksander Lavrentiev and other officials took part in the meeting.