Van McCormick; Director of the International Economic Alliance and formerly Director of Investment Symposia at the Belfer Center for Science and International Affairs, Harvard University; opens the 9th Annual Symposium with an introduction to Symposium founder and Harvard Professor Graham Allison of the John F. Kennedy School of Government



Andrei Sharonov, Deputy Minister of Economic Development and Trade of the RF outlines recent reforms - opening of special economic zones, reducing the administrative barriers to investment, improving taxation. and increasing access to renewable natural resources



Panel I: Russia and the US: Opportunities for Cooperation Aerospace, nanotechnology, and biotechnology headlined the discussion in Panel I between (left to right) Ambassador James Collins, Deputy U.S. Secretary of Commerce David Sampson, Andrei Sharonov, Deputy Minister of Economic Development and Trade of the RF, Senator Mikhail Margelov, Chairman of Committee on International Affairs, Federation Council of the RF and Amb. Thomas Pickering, Senior Vice President of Boeing



Deputy U.S. Secretary of Commerce David Sampson, Andrei Sharonov, Deputy Minister of Economic Development and Trade of the RF and Senator Mikhail Margelov, Chairman of Committee on International Affairs, Federation Council of the RF



Amb. James F .Collins, Deputy U.S. Secretary of Commerce David Sampson and Andrei Sharonov, Deputy Minister of Economic Development and Trade of the RF




Also on Panel II, Jean Michel Broun, Senior Partner of Baring Vostok Capital Partners. Mr. Broun said that low entry prices and high growth potential constitute “dreamlike conditions” for investors in Russia, compared to the private-equity conditions in Europe




Helena Hessel, Director, Sovereign Ratings Group, Standard & Poor's, on Panel II

Opening remarks from Symposium founder and Harvard Professor Graham Allison, Director of the Belfer Center for Science and International Affairs at the John F. Kennedy School of Government







David Sampson, US Deputy Secretary of Commerce in his opening remarks emphasized that President Bush puts a high priority on the importance of US-Russian dialog and cooperation in energy, protection of property rights, and trade issues



Senator Mikhail Margelov, Chairman of Committee on International Affairs, Federation Council of the Russian Federation commenting on Russia’s accession to the WTO










Amb. Thomas Pickering and Andrei Sharonov, Deputy Minister of Economic Development and Trade of the RF






Panel II: Global Investors Paul Rodzianko, Access Industries, with George Hoguet, Principal with Chief Investment Strategist of State Street Global Advisors - two of the discussants on Panel II




George Hoguet, Principal and Chief Investment Strategist of State Street Global Advisors spoke in a positive tone about the outlook for Russia , noting that Russian companies are demonstrating productivity gains and showing increased returns on equity for investors




Jean Michel Broun, Senior Partner of Baring Vostok Capital Partners answering questions from the audience after the panel

Malcolm S. Salter, Professor of Business Administration and Senior Associate Dean of External Relations, Harvard Business School





Panel IV: Entrepreneurship - Success Stories
Euroset founder Timur Artemiev (in the middle) discusses administrative hurdles and the justice system with (left to right) Dmitry Yakushkin, Executive Director, Russian-American Business Council, Vladimir Golovnev, Co-Chairman, Delovaya Rossiya, Sergei Litovchenko, Executive Director, Association of Russian Managers and Senator Oganes Oganyan, Committee on Economic Policy, Entrepreneurship, and Property, Federation Council of the RF



Timur Artemiev, Co-Founder of Euroset on Panel IV





Senator Oganes Oganyan speaking on Panel IV





From left to right, Peter Koelle, Chairman of the Board, International Moscow Bank, Michel Perhirin, President, Raiffeisenbank Russia, and Hubert Pandza, Director of Russia and Central Asia Business Group, EBRD

Malcolm Salter, Professor of Business Administration and Senior Associate Dean of External Relations, Harvard Business School, answering questions after his presentation




Vladimir Golovnev, President of Vostok-Service and Co-Chairman of Delovaya Rossiya during Panel IV












Sergei Litovchenko, Executive Director, Association of Russian Managers during Panel IV




Panel V: Finance and Banking Securitization of various debt instruments to facilitate the inflow of foreign capital and raising of minimum capital requirements to increase the capitalization of Russian banks was recommended by the panelists of Finance and Banking session (from left to right) Helen Teplitskaia, President, American-Russian Chamber of Commerce and Industry, Marat Ametov, Managing Director, Vneshtorgbank, Peter Koelle, Chairman of the Board, International Moscow Bank, Mira Davidovski, Partner, Salans and Michel Perhirin, President, Raiffeisenbank Russia