On October 7 through 14, 2009, a delegation from the Andean Development Corporation (CAF), headed by Mr. Enrique Garcia, Executive Director, sojourned in Russia on a business visit. Other members of the delegation were: Hugo Sarmiento, Vice-President, Finance; Peter Vonk, Vice-President of Corporate and Financial Sector; Carolina Espana, Deputy Director for Fiscal Policy and Issues; Andres Rujeles, Deputy Director, Secretariat for External Relations.
On October 7 through 14, 2009, a delegation from the Andean Development Corporation (CAF), headed by Mr. Enrique Garcia, Executive Director, sojourned in Russia on a business visit. Other members of the delegation were: Hugo Sarmiento, Vice-President, Finance; Peter Vonk, Vice-President of Corporate and Financial Sector; Carolina Espana, Deputy Director for Fiscal Policy and Issues; Andres Rujeles, Deputy Director, Secretariat for External Relations.
In Moscow, the delegation was received by S.A. Ryabkov, Vice-Minister of Foreign Affairs, and V.A. Dmitriev, Chairman of VneshTorgBank. The delegation visited the RF CCI to negotiate with G.G. Petrov , Vice-President of RF CCI, and D.I. Panyushkin, Director-General of NK SESLA. The CAF leaders made a presentation for teachers and students of MSIIR, and had conversations with the Association of Banks.
St.Petersburg part of the CAF delegation's visit to Russia was arranged by the invitation of the Center for Development of Cooperation with Latin America. The delegation participated in a round table, devoted to the development of inter-bank cooperation, exchange of information on investment projects, and the participation of enterprises and banks of the North-Western region of Russia in joint investment projects in Latin America. A co-organizer of the round table was the Union of Industrialists and Business People of St.Petersburg.
An agreement on cooperation between the CAF and the Center for Development of Cooperation with Latin America - Russo-Latinoamerican Investment Center was signed, which stipulated the establishment of the International Expert Council on investment projects.
The round table was attended by the representatives of the banks VTB 24, "Svyazbank", "City Bank", "Investtorgbank"; the project coordinator of Czech Export Bank; the head of the Regional Representative Council of Entrepreneurs of Russia–Brazil over NW FD; the CEOs of several major enterprises in St.Petersburg. The delegation visited Smolny and the Legislative Assembly of St.Petersburg.
Negotiations in Moscow and St.Petersburg, where the agreement on cooperation was signed, imply great opportunities for cooperation between the enterprises and financial circles of Russia with the countries – CAF shareholders. Russo-Latinoamerican Investment Center Formation was commissioned to form the database of the investment projects.
Source: Committee for External Relations of St.Petersburg