VTB Capital hosts annual business breakfast at the World Economic Forum in Davos

24 january 2018

On January 24, VTB Capital held its annual meeting with international and Russian investors during the World Economic Forum in Davos, Switzerland. The event was titled “Building momentum. Breaking constraints”.

The event was traditionally attended by high-level officials of the Russian government and representatives of leading global companies, including Maxim Oreshkin, Minister of Economic Development of the Russian Federation, Nikolai Nikiforov, Minister of Communications and Mass Media of the Russian Federation, Alexander Novak, Minister of Energy of the Russian Federation, Rustam Minnikhanov, President of the Republic of Tatarstan, Kirill Dmitriev, CEO of Russian Direct Investment Fund. 

The meeting brought together over 70 business leaders from over 15 countries, including USA, UK, Turkey, India, France, China, Switzerland. 

During the discussion, moderated by the celebrated CNN anchor and reporter Richard Quest, the participants discussed in detail Russia-US relations, the results of Donald Trump’s first year of presidency, as well as the upcoming presidential elections in Russia. A range of economic and financial topics were addressed, including energy and oil markets, outlook for the OPEC+ agreement in 2018, global growth outlook and China’s role in this context, as well as impact of such recent trends as digitization and robotization.

The event’s moderator Richard Quest noted that it’s a pleasure to participate in such an open discussion where any questions and topics can be addressed. 

Andrey Kostin, President and Chairman of VTB Bank Management Board, noted that if we talk about strengthening Russia’s positions in the world, we intend to do it only through cooperation, not confrontation. Unfortunately, our Western colleagues are currently choosing the path of conflict, said head of VTB. 

VTB Capital has been hosting business breakfasts in Davos with top government officials and prominent international investors since 2012.


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