• About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 16, 2025
  • Login
  • Register
thehopper.news
  • Home
    • Home
    • About
  • Video
    • Discussion
  • Geopolitics
  • Intel & Security
  • Foreign Affairs
  • News
    • All
    • Politics
    • World
    Ukraine derailing peace talks – Lavrov

    Ukraine derailing peace talks – Lavrov

    Trump believes Russia will win – Politico

    Trump believes Russia will win – Politico

    Ukraine’s unity minister struck deal with FBI to avoid prison – ex-diplomat

    Ukraine’s unity minister struck deal with FBI to avoid prison – ex-diplomat

    EU country’s leader denounces Brussels’ ‘imbecilic’ Russia plan

    EU country’s leader denounces Brussels’ ‘imbecilic’ Russia plan

    EU welcomes Trump’s ultimatum to Russia

    EU welcomes Trump’s ultimatum to Russia

    Trump could authorize long-range Ukrainian strikes on Russia – WaPo

    Trump could authorize long-range Ukrainian strikes on Russia – WaPo

    ANC backs suspension of South African police minister

    ANC backs suspension of South African police minister

    China hits back at US over Russia sanctions bill 

    China hits back at US over Russia sanctions bill 

    Russia expects US and NATO to respect its position – Moscow

    Russia expects US and NATO to respect its position – Moscow

    Moldova denies claims its soldiers were killed in Ukraine conflict

No Result
View All Result
thehopper.news
No Result
View All Result
Home News

Replacing tech of runaway firms not enough – Russian business lobby chief

by Admin
December 14, 2023
in News, Politics, World
0
Replacing tech of runaway firms not enough – Russian business lobby chief
27
SHARES
108
VIEWS
Share on FacebookShare on Twitter

Published: December 14, 2023 4:58 am
Author: RT

Reverse engineering products and improving their designs is the way to enhance international competitiveness, Aleksandr Shokhin said

It is not sufficient for Russia to simply reverse engineer the products of foreign firms which have fled the market amid the confrontation with the West, Aleksandr Shokhin, the head of the Russian Union of Industrialists and Entrepreneurs (RSPP), told RT on Wednesday. The replacements should be better, so that they can be internationally competitive, he said.

The business lobby chief explained the “intellectual challenge” of improving upon Western designs on the sidelines of a forum in Moscow, where senior officials, innovators and business elites discussed ways to comprehensively boost national sovereignty, particularly in the tech sector.

It was the tenth event of its kind, organized by Innopraktika, a company which focuses on fostering human capital in Russia. It is headed by Katerina Tikhonova, a scientist whom many media outlets contend is the second daughter of President Vladimir Putin. Shokhin was one of several high-profile attendees. The guest list also included Roscosmos chief Yury Borisov, Education Minister Valery Falkov, and Viktor Sadovnichy, the rector of the Moscow State University, to name a few.

Speaking to journalists, Shokhin explained that replacing products that Russia had previously imported ideally needs to involve added value rather than simply cloning them. Then the final product can be successfully exported, strengthening the nation’s international standing.

Read more

RT
EU won’t stifle gas revenue – Moscow

“There can be no autarky, of course. We can offer our products, our services, our values to … friendly nations. Step by step, this will become an offer to the entire world,” he said.

RSPP’s head attended the forum to report on how Russian producers were doing in terms of import replacement. In a survey that the group conducted, some 30% of businesses expressed an intention to take over market niches that were vacated by fleeing foreign firms, but only 7% said they have done so, Shokhin said.

At a separate panel, Vera Bratkova, who heads a center for importing the system of assessing and valuing natural resources which Russia currently uses, said that a major overhaul was imminent. A proposed law that would introduce a sovereign approach will be submitted to parliament next year, she said.

The country has been relying upon the services of foreign firms, such as Ryder Scott Company, to estimate its reserves, but Western sanctions have put the cooperation in jeopardy. Now the goal, Bratkova said, is to have an independent system that is not only accurate but also internationally recognized.


READ MORE: Russia-India trade surpasses target set by Putin and Modi

Panelists at other sessions discussed the introduction of quantum communications in Russia, the recent boost in the number of submitted patent requests, the business potential of artificial intelligence and state support for monetization of scientific research.

Full Article

Tags: Russia Today
Share11Tweet7
Previous Post

Russia brings AI to farming – report

Next Post

Javier Milei’s study of Judaism sets him apart from far-right leaders

Admin

Admin

Next Post

Javier Milei’s study of Judaism sets him apart from far-right leaders

thehopper.news

Copyright © 2023 The Hopper New

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
    • Home
    • About
  • Video
    • Discussion
  • Geopolitics
  • Intel & Security
  • Foreign Affairs
  • News

Copyright © 2023 The Hopper New

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.