Rustam Minnikhanov and President of WAIPA Alessandro Teixeira discussed mutually beneficial cooperation

Business delegation from Brazil may come to the Republic of Tatarstan with inception visit. Organization of such event was discussed on May,10 at the meeting of RT President Rustam Minnikhanov with Deputy minister of economic development of Brazil, CEO of ApexBrasil, President of WAIPA Mr Alessandro Teixeira.

The meeting took place at the site of investment forum Annual Investment Meeting 2011 (AIM-2011) that is being held in Dubai.

Alessandro Teixeira invited Rustam Minnikhanov to visit Brazil. The parties discussed prospects of mutually beneficial bilateral cooperation in several spheres including aircraft construction, oil-and-gas producing sector. Besides, Alessandro Teixeira supposes that Brazil may invest into some projects realized in Tatarstan. He also informed that as the president of WAIPA he is ready to assist Tatarstan in such issues as use of global standards in work with foreign investors, attraction of foreign investors, and attraction of investment funds from world financial institutes (international banks, organizations, OPEC, e.t.c.)

Rustam Minnikhanov and Alessandro Teixeira likewise spoke about entry of Tatarstan Investment Development Agency – TIDA into WAIPA.

By words of Chairman of Committee for developing small and medium entrepreneurship Linar Yakupov, new structure - Tatarstan Investment Development Agency was presented in Dubai within the limits of AIM-2011 at the session dedicated to cooperation of BRIC countries (Brazil, Russia, India, China). The key function of Agency is coordination of state authorities on interaction with domestic and foreign investors (function of “single window”).

Director of Department for external relations under RT President Administration, Aide to RT President on international issues Iskander Muflikhanov took part in the meeting.