• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Moscow financial centre: keys to success. By Lord Skidelsky

Kss

Banned
Joined
Nov 17, 2009
Messages
120
Reaction score
26
Location
Russia, Moscow
Gender
Male
Political Leaning
Independent
There are a lot of areas of cooperation between Russian and British business. One should not

underestimate the amount of British capital that is already invested into Russia. British capital

is present in most sectors: from oil and gas and real estate to manufacturing to high-tech.

Currently, Russian government is advancing the plan of turning Moscow into a global financial

centre. Russia has oil and gas, metals, agricultural products and so on. It should easily be able

to build a world class financial centre on top of this. Why is Russian oil, for example, traded

more on foreign exchanges than in Moscow? If there are right platforms and right instruments to

leverage Russia's strengths, then there are no reasons why Moscow should not be a major financial

centre. It is probably naive to think that Moscow can become a financial centre based on

"innovation". I think it has a lot more chances to succeed if it focuses on sectors where Russia

has natural advantages.

Read full version: http://valdaiclub.com/
Join our discussion on Valdai International Discussion Club | Facebook
 
Back
Top Bottom