Russia, like France, is now entering an election period. Although the identity of the candidate has become clearer, in France it is agreed that the process of modernization undertaken in Russia under President Medvedev should not be called into question if the current prime minister becomes president in 2012. We believe that there is a real collegial attitude among those in power, which will ensure the durability of the initiatives undertaken and the major projects that were begun.
In this context, French companies have something to contribute. Our large corporations have already reaped several valuable benefits; the major essential public works projects that the Russian Federation will have to undertake in preparation for the special events it will host over the next few years will present fantastic opportunities for our best manufacturing companies, as well as for our small and medium-sized enterprises and industries, which will follow in the footsteps previously traveled by the larger entities.
Economic and demographic complementarities should naturally lead Russia to look toward Europe, a relationship that is maintained by an undeniable historical and emotional connection between the two. Russia’s proximity to the EU is compatible with maintaining its position of great power, which is becoming more difficult to claim when faced with economic giants such as China and India. The question that remains is whether Russia will join the WTO. The issue has been discussed repeatedly, but will it happen? The question is yet unanswered, but it is not a determining factor in relations with the EU.
We hope to convince our entrepreneurs that areas of growth, which will be scarce in the domestic market, may be found, at least in part, in the opportunities available in the emerging nation of Russia. In any case we are prepared to help them pursue these opportunities by working with our staff to open the doors that will grant entry to this market.
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