Singapore and Russia look to enhance business cooperation

Russland, Moskau, Basiliuskathedrale

Singapore and Russia have agreed to explore further cooperation in several areas, such as airport management, industrial park and city planning, information and communications technology, education, and healthcare. They also agreed on collaboration in projects in places such as Moscow, St Petersburg and Vladivostok.

Singapore’s Foreign Affairs Ministry announced this on Wednesday (Sep 10) after the Deputy Prime Ministers of both countries took stock of bilateral cooperation over the last five years.

Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam and Russia’s First Deputy Prime Minister Igor Shuvalov had co-chaired the Fifth Session of the High-Level Russia-Singapore Inter-Governmental Commission (IGC) in Singapore.

A joint statement noted successful tie-ups such as consultancy services for the marketing and management of the “Moglino” Special Economic Zone in the Pskov region of Russia.

Both sides welcomed talks on a project to set up a technopark in Ramenskoye, as well as an agreement between Business Russia and International Enterprise Singapore to enhance business collaborations from both sides. They also agreed to help Olam International, a major Singapore investor in Russia, complete its planned production capacities there, by the end of this year.

The Russia-Singapore Inter-Governmental Commission (IGC) will convene in Russia next year.

 

 

 

Source : Channel News Asia | September 10, 2014

Thomas D’Innocenzi

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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