Russian-Austrian relations are strengthening in Tatarstan

23 November 2017, Thursday

Today in the first half of the day, the Kazan IT Park hosted the 10th plenary meeting of the Russian-Austrian Business Council.

Welcoming the participants, Tatarstan President Rustam Minnikhanov noted that the geopolitical situation and sanctions have a certain negative impact on the economy of Russia and Tatarstan in particular, but “despite this, foreign businesses continue to enter our market and invest their funds”.

The plenary meeting of the Russian-Austrian Business Council in Kazan ended with the signing of a final Minutes between the Russian and Austrian sides. KNRTU-KAI signed a cooperation agreement with Austria-based AVL List GmbH in the field of software development for the automotive industry.

Also on this day at the end of the plenary session, the official delegation and co-chairs of the Russian-Austrian Business Council had a meeting with Deputy Prime Minister and Minister of Industry and Trade of Tatarstan Albert Karimov.

Vice-President of the Austrian Federal Economic Chamber Richard Schenz thanked the hosts for the warm welcome extended to his delegation in Kazan and expressed confidence that relations between Tatarstan and Austria will be strengthened.

Then the parties discussed issues of further cooperation in a number of areas and outlined steps to joint solutions on topical issues.

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