NEWS

A delegation from the Federal State of Bavaria (Germany) arrived in Tatarstan on a working visit. A visit to Tatarstan had an aim of developing economic relations between Bavaria and Russia. The delegation was headed by Mr. Hubert Aiwanger, Bavarian State Minister of Economic Affairs, Regional Development and Energy and Deputy Bavarian Prime Minister. The German delegation included representatives of more than 20 German companies from various industries.

In his welcoming speech, Deputy Prime Minister and Minister of Industry and Trade of Tatarstan Albert Karimov noted that the republic is a home for offices of leading Bavarian enterprises, such as Siemens AG, Linde AG, KUKA, which enjoy successful experience of cooperation with enterprises in Tatarstan.

According to Mr. Aiwanger, Germany is now at the stage of transforming a number of industries. In particular, the question arises in the automotive industry in which direction to develop their technology. He also noted that in Bavaria they are actively phasing out the use of coal by developing “green” energy sources, while deciding how to reduce power consumption with a greater production of thermal energy.

The forum also saw a presentation of the investment and industrial potential in Tatarstan, a case study on cooperation experience with German partners, and speeches by members of the Bavarian delegation.

Photo courtesy of Tatar-Inform Agency

A delegation from the Federal State of Bavaria (Germany) will arrive on a working visit to the Republic of Tatarstan. The delegation will be headed by Hubert Aiwanger, Bavarian State Minister of Economic Affairs, Regional Development and Energy and Deputy Bavarian Prime Minister.

The business community in Bavaria has noted certain positive changes and good potential for bilateral cooperation, despite the uneasy economic and political framework conditions. The Bavarian delegation comprises officials, representatives of industrial authorities, as well as managers and experts from companies.

The visit’s programme will begin on October 22, Tuesday, with a meeting with Prime Minister of Tatarstan Aleksey Pesoshin.

The key event for the guests will be the Tatarstan-Bavaria Economic Forum to be held on October 22, 2019 in the Tolstoy Hall of the Korston Hotel and Mall at 10.30. From Tatarstan, the forum will be attended by Minister of Industry and Trade Albert Karimov, officials and representatives of republic’s industrial enterprises and universities. The forum programme includes a presentation of the investment and industrial potential in Tatarstan, a case study on cooperation experience with German partners, and speeches by members of the Bavarian delegation. Later, representatives of German and Tatarstan business communities will be able to discuss issues of their interest in the format of B2B meetings.

In the first half of 2019, the foreign trade turnover between Tatarstan and Germany amounted to USD 774.2 million.