NDB President Discusses Plans for 2017, Potential Projects and Opportunities for Cooperation at SPIEF

On 1 June 2017, Mr. K.V.Kamath, the President of the New Development Bank discussed the plans of the NDB for 2017, potential projects in Russia and opportunities for cooperation during his meetings with high-ranking officials and business leaders at the St. Petersburg International Economic Forum 2017.

The President of the NDB took part in a panel session “BRICS: Boosting Economic Cooperation.” During the session, Mr. K.V.Kamath shared the plans of the NDB for 2017 and reaffirmed support that the Bank could provide for projects in all member countries of the NDB. Please visit the website of the Forum to learn more: https://www.forumspb.com/en/2017/sections/68/materials/351/sessions/1741

On the same date, Mr. K.V.Kamath participated in the meeting of the President of Russian Federation Mr. Vladimir Putin with members of International Advisory Board of the Russian Direct Investment Fund and CEOs of leading institutional investors. At the meeting, Mr. K.V.Kamath highlighted that the NDB is actively expanding its pipeline of projects from all member countries of the Bank, including Russia.

During the meeting with Tatarstan President Mr. Rustam Minnikhanov, the possibility of joint implementation of projects was discussed. Tatarstan, as one of the leading and industrially developed regions of Russia, is interested in developing cooperation with the NDB, Mr. Minnikhanov noted.

The potential for cooperation in the area of energy was discussed during the working meeting of Mr. K.V.Kamath with Deputy Minister of Energy of Russian Federation Mr. Anton Inyutsin.

On the sidelines of the SPIEF 2017, the NDB President had a working meeting with Mr. Leonid Mikhelson, the Chairman of the Management Board of JSC Novatek, the Chairman of PJSC SIBUR’s Board of Directors.

On the same date, Mr. K.V.Kamath the NDB President had a working meeting with Gazprombank’s senior management, including Mr. Andrey Akimov, the Chairman of the Management Board.

St. Petersburg International Economic Forum is an annual international conference dedicated to economic and business issues. Over the last decade, SPIEF has become a leading international platform for the discussion of key economic issues facing Russia, emerging markets, and the world as a whole. For more information, please visit the official website of the forum at https://www.forumspb.com.