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  • Doing Business in Russia Conference Report

    On 27 July 2018, "Doing business in Russia and CIS Countries Conference” was held at Ritz Carlton Pacific Place in Jakarta, Indonesia. It was organized by Russian Asian Business Union (RABU) and iTEKO Project Management with the support of KADIN Indonesia.

    Tatiana Sheremetieva, CEO of RABU and BBC World News expert gave an overview of doing business in  Russia and CIS countries and with the cooperation of Indonesia. She said "According to the World Bank forecast, by 2050 Indonesia will rise to the fourth place among the largest economies of the world (from the current eighth). At the same time, Russia will keep its position in the sixth place. The active interaction between Russia and Indonesia will have a serious positive impact on the economic development of both countries.”

    Maxim Tsalkin, the owner of iTEKO Project Management and his colleague Anna Pomarina informed the audience on how to start B2B businesses with big Russian companies and about the existing and potential trade balance. "The friendship Indonesia and Russia already has more than 50 years history and  that is why we are mature enough to develop our countries with new business initiatives and relations. Let’s make more deals!” Maxim remarked.  

    Former Trade Attache of Republic of Indonesia in Russia (2014-2018) Heryono Hadi Prasetyo described differences and similarities in the ways Russians and Indonesians approach business and about the knowledge an Indonesian entrepreneur should have about the  Russian spirit and market. "Russia and Indonesia compliment each other rather well. But the biggest problem lies in how the people of the world view Russia and Indonesia,” - quoted Heryono.

    Grigory Ryabtsev, Owner, PT Infobisnis Solusi Indonesia, Special Representative in Indonesia, Russian Trade and Economic Development Council and Co-Founder at Russia Indonesia Palm Oil Alliance (RIO Alliance) presented about the methods of finding customers and partners, the most popular products, due diligence in Russia and the CIS and features of exports to Russia and the CIS.

    Pak Didit Ratam from the Russian Committee of Indonesian Chamber of Commerce told the audience about the potential of further enhancing the existing cooperation between Russia and Indonesia.

    After the presentation, the speakers answered the questions from guests that turned out to be an interesting and interactive session of discussion.

    We would like to organise this kind of seminars regularly to ignite changes in the business world.  Please feel free to reach us at if you are interested in attending or speaking at such seminars. Please feel free to share your thoughts and suggestions about the topics and format of the future seminars.

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