BCF and Delegation of the Province of Quebec business leaders in Moscow, Russia

July 27th, 2016

Our professionals were part of a first Canadian commercial delegation to be invited to the Canadian Embassy in Russia in over 2 years

Moscow International Business Center also referred to as Moskva-City.

BCF was part of a commercial mission held in Moscow, Russia in order to develop stronger economic ties between the Province of Quebec and the Russian Federation.

Ilya Kalnish and Oleksiy Malashenko were part of a first Canadian commercial delegation to be invited to the Canadian Embassy in Russia in over 2 years for a briefing on recent geo-political developments between Russia and Canada, as well as to discuss initiatives being undertaken by the Canadian business leaders in order to return to a previously fertile commercial relationship between Russian and Quebec businesses.

Also, Mr. Kalnish and Mr. Malashenko were invited by the Russian Union of Entrepreneurs and Industrialists (RSPP) to participate in the Canada-Russia Business Council (CRaBC) conference, which was held in Moscow on June 22, 2016. BCF Intellectual Property teams acted as co-sponsors of the event.

The focus of this conference was to explore opportunities for business development and investment between Russian and Quebec businesses and organizations. It was also focused on providing Russian and Quebec business with knowledge, insights, and resources for addressing key financial, business, and political challenges.

The conference brought together leading executives from Canadian and Russian companies such as BCF, Bombardier Aerospace, Pratt&Whitney Canada, BRP, Bombardier Transportation, Metalloinvest and PetroKazakhstan, as well as high level government representatives such as the Director of the department of Americas of the Ministry of Economic Development of the Russian Federation Dmitry Sazhin and Senior Trade Commissioner of Canada to Russia Nathalie Béchamp. The event offered a unique opportunity to meet the leading trade officials of both countries such as National Chairman of the Canada Eurasia Russia Business Association and co-Chair of the Canada-Russia Business Council Lou Naumovski, President of RSPP Alexander Shokhin and Director of Europe and Middle East for Investissement Québec Yves Grimard, to explore opportunities for export and joint investment, and to help shape the Canada-Russia bilateral commercial relationship.

Quebec as a gateway to the North American market

Investissement Quebec (IQ) delivered an insightful presentation to Russian business, positioning Quebec as a gateway for Russian businesses to North America. IQ’s director for Europe and the Middle East, Yves Grimard outlined a number of advantages for the Russian companies to expand in Quebec, as a first stepping stone into the North American market. Proximity of key North American markets to the Province of Quebec, it’s size and it’s open economy were all highlighted by Mr. Grimard as being instrumental in attracting foreign companies. Research and development incentives for aerospace, life sciences and information technologies, quality of infrastructure, professional services as well as the state of law were amongst other topics that were presented to the Russian companies for displaying benefits of expanding their operations in Quebec.

Also, an accent was made on multiple free trade agreements in which the Province of Quebec is actively involved in (such as North American Free Trade Agreement (NAFTA), Canada-Chile Free Trade Agreement (CCFTA), Canada-Costa Rica Free Trade Agreement and, last but not least, the new Comprehensive Economic and Trade Agreement (CETA)).