Business news

12 May 2023

Over 1,000 participants sign up for international economic forum in Vitebsk

An archive photo

VITEBSK, 12 May (BelTA) – More than 1,000 participants have already signed up to take part in the 11^th edition of the international economic forum Innovations. Investments. Prospects in the offline and online formats. The forum will be held in Vitebsk on 18-19 May, Vitebsk Oblast Deputy Governor Anzhelika Nikitina told reporters at a briefing, BelTA has learned.

“This year, this large-scale forum will be held online and offline. Over 1,000 participants have applied so far, and their number may grow as the event is drawing nearer. Most of the events of the forum will be held near the Summer Amphitheater. Preparations are already underway there, tents are being mounted. The opening ceremony and the award ceremony for participants and young scientists will take place on the stage of the amphitheater. About 200 non-resident companies will present their expositions. These will include participants from 10 regions of Russia, two provinces of China and other countries. Delegations from Uzbekistan, the diplomatic corps of China, Vietnam, the UAE, Pakistan are also set to take part in the event. Six cooperation agreements are to be signed at the forum, including in the online format. These will be inter-regional agreements, as well as agreements on product deliveries,” Anzhelika Nikitina said.

The organizers hope that the forum will also be of interest to local residents and visitors. They will be able to learn about economic innovations of the region and contribute their views on how to improve the forum or on how to promote a particular enterprise. Anzhelika Nikitina noted that the participants and the experts involved in organizing the forum are open to new ideas.

“We expect new contacts and partnerships not only in trade. We will focus on the investment potential of the region, joint projects. There will be six subcontracting exchanges: in manufacturing (light industry, food production, energy sector, petrochemical industry), information technology, tourism. Our region has a huge potential across many competencies. The manufacturing industry and other sectors of Vitebsk Oblast as well as local science will be represented by about 100 enterprises and organizations, including universities of the region. We want to showcase our projects and get investors interested in cooperation with our exporting enterprises,” the deputy governor noted.