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Трутнев Юрий
Yury Trutnev
Deputy Prime Minister of the Russian Federation – Presidential Plenipotentiary Envoy to the Far Eastern Federal District of the Russian Federation
Quotes
04.09.2019
EEF 2019
The Asian Mirror: The Pivot East through the Eyes of Asian Partners
Our five-year work resulted in over 240 operations up and running and over 600 billion roubles of private investment attracted. I must say that our multiplier exceeds 10, which means we attract 10 roubles of private investment per one rouble from the budget. We have created 39 thousand jobs. Over the last years, our growth rate is almost twice as high as average in Russia. In 2014–2018, 33% of the country’s direct foreign investment was in the Far East. We started with 2%, and now we are at 33%. It is a growth of 16%
04.09.2019
EEF 2019
The Asian Mirror: The Pivot East through the Eyes of Asian Partners
If you look at the general trend, 80% of all investment coming to the region is Russian. It is neither good nor bad – it is natural. How can you persuade anyone to work in the Far East, if the country’s residents do not believe in it? Over the last years, we have seen fundamental change: we have absolutely new economic regimes, the investment environment has changed. But we are facing an objective to enter the media space to tell about what is happening in the Far East. But we are not too successful so far
04.09.2019
EEF 2019
The Asian Mirror: The Pivot East through the Eyes of Asian Partners
They have been persuading us that we need to be friends with everybody, work with everybody and trade with everybody. We have taken into this paradigm, but it seems like our western partners do not believe in it anymore.  We need to understand that cooperation faces constraints both in the West and in the East. Of course, we need to strive to make them go away and we are doing it, but the Far East has robust resources that will keep it going
04.09.2019
EEF 2019
The Asian Mirror: The Pivot East through the Eyes of Asian Partners
When improving conditions for attracting investment, we must tackle social issues. At first, we did not pay much attention to it, as we counted on Russia having ministries of health, education, culture, sport, etc. – it is their area of responsibility. But fast growth requires support in all departments
04.09.2019
EEF 2019
The Asian Mirror: The Pivot East through the Eyes of Asian Partners
We started introducing new tools – first of all, it is digital electronic services for the most complicated management areas
09.04.2019
International Arctic Forum 2019
Russia’s Support for Private Investment in the Arctic: A New Approach
The operations of all development institutions in the Russian Far East will be expanded to the Arctic region. This means that we will help with the allocation of land, we will supervise each project individually, we will assist in terms of protection against excessive oversight, we will provide funding at a reduced interest rate
09.04.2019
International Arctic Forum 2019
Russia’s Support for Private Investment in the Arctic: A New Approach
We want to ensure that the preferences for the first three groups of projects are completely harmonized with the vision of companies that operate on the shelf and are engaged in the production of LNG. There are few such companies. <...> Generally, we will talk about reducing or removing taxes on profits, land or property
09.04.2019
International Arctic Forum 2019
Russia’s Support for Private Investment in the Arctic: A New Approach
Today, we have four groups of projects that benefit from preferences: offshore hydrocarbon production, continental hydrocarbon production, liquefied natural gas production and other projects not included in the first three groups
24.05.2018
SPIEF 2018
Investment Opportunities in the EAEU: Privatization of Government Assets in the Republic of Kazakhstan
Kazakhstan is a reliable strategic partner for Russia. Commodity circulation between our countries has increased by 30% and reached 17.5 billion US Dollars
24.05.2018
SPIEF 2018
Breakthrough in the Far East: How to Become a Leader for Growth in Private Investment
Total investment is 3.4 trillion roubles. This is the money to be invested in Russia’s Far East within next years
24.05.2018
SPIEF 2018
Breakthrough in the Far East: How to Become a Leader for Growth in Private Investment
First of all, we’ll support better conditions for businesses <…> We keep evaluating the situation – we’re in the middle of this process now – and based on the results we will amend the legislation and make the investment regime in the Far East one of the most attractive in the world. We will get administrative pressure for business down. Among other things, we’ll consider establishing an investment court in the Far East
24.05.2018
SPIEF 2018
Breakthrough in the Far East: How to Become a Leader for Growth in Private Investment
Today we’re confident that overall changes to legislature and general preferences aren’t enough. We need to address particular industries and in most of them we have major obstacles for investments. Later this year we’re going to proceed with reforming industrial legislature