The main topic of discussion was maintaining economic stability against a backdrop of anti-Russian sanctions and other unfavorable processes. At the start of his speech, Mikhail Mishustin recalled that INNOPROM, despite the sanctions, had brought together over 1,000 companies from 35 countries.
"We see that interest in the Russian economy not only remains, but is growing, despite all the attempts by opponents to cut us off from global production chains, logistics routes and financial settlement systems," said the Prime Minister.
At the same time, in order to improve resilience, it is necessary to achieve total technological sovereignty in all critical industries without exception," says Mishustin.
Belarusian Prime Minister Roman Golovchenko also addressed the issue of Western sanctions in his speech, noting that they have revealed vulnerabilities in both countries' economies. To bridge the gaps, the Minsk representative proposed working together.
"Spread the risks, including technological and financial risks, divide the tasks, make full use of everyone's skills, use our collective intellectual potential," explained Golovchenko.
He cited the example of the aeronautics industry: the Belarusian Prime Minister hopes not only to regain, but to surpass the once-famous positions of the Soviet aeronautics industry. Belarus plans to manufacture twin-engine light aircraft with Russian support.
There is plenty of space for everyone, and no need to share anything. It is possible to move forward by complementing each other," replied Belarusian Industry Minister Alexander Rogozhnik, when asked by the moderator if there was any competition between companies in friendly countries.
Denis Manturov declared that joint Russian-Belarusian projects are being extended to markets in other countries.
Kazakhstan was also represented at the session by two senior officials: Prime Minister Alikhan Smailov and Minister of Industry Marat Karabaev. They reported that 125 projects, worth a total of $33 billion, are currently being implemented in cooperation with Russia. A year ago, the number of projects was four times lower. 900 delegates from Kazakhstan arrived at INNOPROM, more than the previous year, when Kazakhstan was the official partner of the exhibition.
"When several parties are involved in the economy, it is essential for the government to provide clear direction for progress," said Karabaev.
Government representatives from Sri Lanka, Uzbekistan, Kyrgyzstan, Tajikistan, Myanmar, Ethiopia and Zimbabwe also addressed the session. All these countries have been confronted with global turbulence and the need to change their economic structure. Denis Manturov stressed that sanctions had not led to Russia's economic isolation.
"We maintain and will continue to maintain a presence in international cooperation. If countries withdraw from this chain, they are replaced by others," he declared.