Russia Economy Thread
- Thread starter NiuBiDaRen
- Start date
Russia trade with Arab and Islamic countries now $187b and will increase much further.
This among the biggest Economic form that Russia conducts with Islamic world at Kazan. alot things are not quantifiable in figures or not want to release to public but it does not take much who are the real guests for this year form due to size of delegation.
Russia is adopting Gulf Model of labor management. This Wildberries company employe North Korean and other work from them. it is not just lobor management but currencies have to have widest purchasing power. if Kim needs Lexus V8 SUVs than he needed to provided. so this integration is very important.
This among the biggest Economic form that Russia conducts with Islamic world at Kazan. alot things are not quantifiable in figures or not want to release to public but it does not take much who are the real guests for this year form due to size of delegation.
$80b of non-secret agreements signed in Saint Petersburg economic forum. This is first time Russia asked Saudi publicly to invest in Far East. there are others already investing but this extra Soft Power needed to guide population and Saudis will be the guest in next year Saint Petersburg forum. There is potential start direct flights of nearly all Saudi airlines to Russia a but in past Saudi airline model didnot took off like UAE because the Saudi may not want to depend on too much on countries to its North for routes. so its a major change.
This first time an Arab leader participate in this Russia led economic integration. Putin speech emphasis this is the direction he want to take.
we have to see whether they can built it as Russia is making alot of Nuclear plants in alot of different places and Far East is accelerating.
Russia surpass West in most metrics of complex Construction and without construction no demographic increase.
this is not given enough coverage. this Moscow was rebuilt after Kazan and youngest person at time to lead such huge projects and now overseeing whole Russia construction as Federal Deputy FM.
North Koreans in Drone production as Drones have more diversified use. and Russia want to be at top of it.
we have to see whether they can built it as Russia is making alot of Nuclear plants in alot of different places and Far East is accelerating.
Russia surpass West in most metrics of complex Construction and without construction no demographic increase.
this is not given enough coverage. this Moscow was rebuilt after Kazan and youngest person at time to lead such huge projects and now overseeing whole Russia construction as Federal Deputy FM.
North Koreans in Drone production as Drones have more diversified use. and Russia want to be at top of it.
The Central Bank of the Russian Federation has proposed outsourcing some Russian IT projects to India due to a shortage of developers in Russia
A representative of the Central Bank of the Russian Federation proposed outsourcing some Russian IT projects to India due to the shortage of qualified personnel and development teams in the Russian market. This proposal was made by Deputy Head of the Far Eastern Main Directorate of the Central Bank of the Russian Federation Denis Davydov at the Financial Congress of the Bank of Russia.
"There is, of course, a lot of talk about the current significant shortage of personnel in various industries, especially about the shortage of engineering and technical specialists in Russia. But, for example, in India, the unemployment rate of graduates in technical universities has almost reached 30% in recent years. At the same time, the current wage differential, especially if we talk about purchasing power parity, encourages the idea that there could be some effects of cooperation here," Davydov said.
Davydov recalled that Russian companies have quite a lot of accumulated experience in interacting with other countries in the IT sphere. "This is an outsourcing mode, when a team of specialists and developers remains in the host country, and the results of the activity are actually controlled remotely," he explained.
"In principle, we can think about such a mixed interaction option, when the development effect is carried out externally, and then the developed drawings and models, moreover, with the conditions of digitalization in the modern standard, are transferred and embodied in metal here on site. From the point of view of the prospects of state regulation, it seems to me that here we could look at the idea of outsourcing, taking into account the fact that many of our industries are now actively digitalizing," Davydov said.
The representative of the Central Bank of the Russian Federation emphasized that this is a "debut idea that requires further development and a more attentive, careful look." According to Davydov, socio-cultural factors, and above all, the language factor, may become barriers to the implementation of such a proposal.
Director of the Research and Forecasting Department of the Central Bank of the Russian Federation Alexander Morozov, who moderated the session at the Bank of Russia Financial Congress, agreed that international outsourcing would help Russia attract the missing personnel to perform certain jobs.
"How to do this: through a subsidiary company, or in some other way - this needs to be discussed. It seems to me that this is still much easier than trying to transport specific personnel by plane, who are not adapted to life in Russian conditions and will feel uncomfortable, from very exotic countries. Therefore, I think this idea will be continued," Morozov explained.
According to Sber, the Indian IT outsourcing market continues to grow every year. The country has several leading companies that dominate this area, including Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro, LTIMindtree and Tech Mahindra. The main areas of outsourcing work in India are software development and testing, technical support and maintenance.
According to estimates from the government, universities and businesses, the Russian IT industry lacks between 740,000 and 1 million employees, and by 2030 it will be necessary to train and prepare more than 2 million people.
few Months ago Putin mentioned Russia need to train 1 Million engineers by 2030. Unless Russia/Putin does not consider IT part of Engineering. Russia should match Western Europe but it more depend on quality.
regarding India early this year UAE expanded visa on arrival for Non Resident Indians. they want to attract Indians working in West to work for them. I am sure Russia has taken notice on skills moving there. You still some one in command to deliver the project.
Russia demand for complex projects and technical Sovereignty means Engineering demand will be much higher than normal as it want completely decouple from West and there dependents in addition to distribution of population.
suppose if some on need Agro products in Africa. It will either have to go North to Arctic Ports or Far East even if its from Crimea. Cargo can stop in many Asian countries but no need for Suez or Turkish stratis. thats why North Korea is important and they show it to Arabs in multiple tweets Kim.
regarding India early this year UAE expanded visa on arrival for Non Resident Indians. they want to attract Indians working in West to work for them. I am sure Russia has taken notice on skills moving there. You still some one in command to deliver the project.
Russia demand for complex projects and technical Sovereignty means Engineering demand will be much higher than normal as it want completely decouple from West and there dependents in addition to distribution of population.
suppose if some on need Agro products in Africa. It will either have to go North to Arctic Ports or Far East even if its from Crimea. Cargo can stop in many Asian countries but no need for Suez or Turkish stratis. thats why North Korea is important and they show it to Arabs in multiple tweets Kim.
I think they need to import global parts.
Russia has added Long Range to Wide body name.
Russia Industry minister mention Civilian IL-76 and export. i wonder it will be used for Civilian transport in places like Africa or Arctic/Fareast for short austere airfields.
Civilian Il-76 to be manufactured at Aviastar
Expensive brakes due to weight and dealing with instant performance.
far better vehicle than Tesla Model 3. Space of Toyota Camry on 17inch high x-section tires for extra comfort. think about 77KWH battery for such short vehicle. short overhangs. Projection on windshield. upto 80% Russian tech. They have Chinese help in testing but it is not like they spend fortune on it.
The Atom electric car may be produced in a hybrid version
This firm was Joint project with Chinese in 2010. now they claim they can compete with Chinese in Russian market for large transport. It is not Rosatom batteries from raw material and new fundamental research.
Russia has added Long Range to Wide body name.
Russia Industry minister mention Civilian IL-76 and export. i wonder it will be used for Civilian transport in places like Africa or Arctic/Fareast for short austere airfields.
Civilian Il-76 to be manufactured at Aviastar
Expensive brakes due to weight and dealing with instant performance.
far better vehicle than Tesla Model 3. Space of Toyota Camry on 17inch high x-section tires for extra comfort. think about 77KWH battery for such short vehicle. short overhangs. Projection on windshield. upto 80% Russian tech. They have Chinese help in testing but it is not like they spend fortune on it.
The Atom electric car may be produced in a hybrid version
This firm was Joint project with Chinese in 2010. now they claim they can compete with Chinese in Russian market for large transport. It is not Rosatom batteries from raw material and new fundamental research.