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Unified Energy System

December 1, 2003

5th General Meeting of EU-Russian Industrialists' Roundtable opens in Moscow

Moscow, 1 December 2003. Today, the Fifth General Meeting of the EU-Russian Industrialists' Round Table opened in Moscow. The meeting is co-chaired by Anatoly Chubais, Chairman of the Management Board of RAO "UES of Russia", and Matti Vuoria, Executive Chairman of the Board of Directors of Fortum Corp.

Among the Meeting participants are the Deputy Chairman of the Russian Government Victor Khristenko, EC Commissioner Erkki Liikanen, members of the Russian Government and representatives from the European Commission, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank, and corporate leaders from Russia and the EU.

The Roundtable meeting is also attended by the delegation of the European Round Table of Industrialists and representatives of the Russian Union of Industrialists and Entrepreneurs, the Union of Industrial and Employers' Confederations of Europe (UNICE), the International Road Transport Union, the European Business Club, and some other associations.

During the two days, the 1st and 2nd December, the Meeting participants will discuss issues of economic cooperation, including Russia's WTO entry, the consequences of the EU expansion for the bilateral trade and economic relations, the prospects for the creation of a common economic space in Europe, and the cooperation priorities for certain sectors, such as energy industry, transport, telecommunications and information technologies, and some other sectors.

The Roundtable meeting is expected to formulate some important initiatives, for instance, the establishment of a mechanism to enable Russian and EU businesses to participate in the Russia-EU Energy Dialogue, the launch of the Transport Dialogue between Russian and European companies regarding unification and integration of the transportation systems in Russia and the EU.

 

 

 

 

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