Minister Elvira Nabiullina participated in the consultations of the Russia-ASEAN Economy Ministers
25.08.10On August 23-25, 2010, Minister Elvira Nabiullina participated in the consultations of the Russian Federation and the Association of Southeast Asian Nations (ASEAN) Ministers of Economic Affairs. It took place for the first time and was held in Danang (Socialist Republic of Vietnam).
During the consultations issues concerning Russia's cooperation with the Association were discussed and proposals were made on the need to intensify mutual trade, economic and investment ties. During the event, Elvira Nabiullina held several bilateral meetings with the ministers of the economic bloc from Vietnam, Indonesia and Malaysia.
The consultations demonstrated the interest of Russia and ASEAN in developing relations in trade, and the economic and investment sphere. The parties confirmed that there is significant potential for cooperation. For realization of this potential, the parties agreed to develop a "road map" for cooperation between Russia and ASEAN, and to submit it for approval to the Ministers of Economy of Russia and ASEAN during the second consultation in August 2011 in Indonesia.