Rus News Journal

Results of conference Moscow Finance - 92

the West is ready to invest in domestic economy

Yesterday the International conference Moscw Finanse - 92 has finished the work, on
which questions of bank and investment activity on
the markets of Russia and the CIS countries were discussed. In conference work have taken part nearby 400
foreign and domestic businessmen.

Observers notice that during conference, predictably, has been concluded
a number of real contracts. In particular, Petrokommerts bank has agreed with
the Austrian financial group ABN AMRO about carrying out of joint operations from it
clients. In the area of the international fund Nou - Hau the group domestic
businessmen will go on training abroad. Head British broker
g - n Mike Young has declared companies Prebon Yamane to the correspondent that its company
intends to work in the market of the CIS contrary to instability economic and
a political situation. Thus he is assured that, despite crisis
position in the country, the domestic market has not lost the appeal
for the western investors. Everything, by estimates of experts, at conference
it has been concluded about 150 contracts and contracts on intentions.
the representatives of the western business circles who were taking part in work
of conference, have told to the correspondent that the forum has helped them more close
to get acquainted with the market of the countries of Commonwealth, and it, in their opinion, will allow
to expand sphere of activity considerably. In particular, present on
Moscow Finance - 92 co-owner of company Ernst and Young g - n the Price has informed that
it managed to come into business contacts to a number of potential partners.
Experts, notice that the conference main output began
representatives of large institutional investors of readiness to put acknowledgement
money in domestic economy. Well organised and rather prestigious,
conference made doubtless success that proves to be true the decision of organizers
to carry out this sort of actions regularly. Next time organizers
intend to repeat the experiment in half a year in Moscow.

IRINA - ILYUKHIN