Liksutov confirmed that the BRICS countries constitute about 22% of the structure of Moscow‘s non-oil exports to friendly countries.
Liksutov added: “The city is actively working to support industrial exports and help Moscow companies find new partners in foreign markets, based on the directives of Moscow Mayor Sergei Sopanin.” Trade movement between Moscow and Egypt witnessed an increase of about 50% during the first seven months of this year, and mutual trade between Moscow and India increased by 33%. The BRICS countries contribute about 22% of Moscow’s non-oil exports to friendly countries.”
China is the most prominent importer of non-oil products from Moscow during the first seven months of this year, accounting for about 32% of total exports to the BRICS countries, followed by Egypt with a share of 23% and India with 16%. While exports to Brazil and Saudi Arabia represent about 12% and 10%, respectively, of the total non-oil exports from Moscow to the BRICS countries.
The Minister of the Moscow Government and Head of the Department of Investment and Industrial Policy, Anatoly Garbuzov, confirmed that “companies in Moscow are growing in the field of international cooperation thanks to the support provided by the Mosprom Center.” The non-oil sector in Moscow directed to Egypt achieved an increase of 46% compared to the same period of the previous year. The Egyptian market is witnessing an increasing demand for Moscow products in the fields of machinery and mining, such as hydraulic motors, batteries and medical equipment. Industry exports to Egypt increased by 39% overall.”
Exports of industrial products to India rose by 5% over the same period last year, making them about 94% of Moscow’s total non-oil exports to this country. The machinery industry sector is leading the growth in export cooperation, with an increase of about 25%. Moscow producers also supply India with products in the fields of electrical appliances and automation systems.
Thanks to the support provided by the Mosprom Center since 2022, companies in Moscow have been able to redirect their exports and find new partners in the markets of Latin America, Africa, the Middle East, Southeast Asia and the CIS countries.
The government provides effective support to exporters in Moscow through the national project “International Cooperation and Exports”, which includes a set of measures for financial, informational, insurance and logistical support. Within this project, an electronic platform called “My Exports” operates, where business owners are provided with free consultations and analysis, in addition to assistance in marketing their products through international platforms, online educational courses, and other services.
Source: mos.ru
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**Interview with Anatoly Garbu, Head of the Department of Investment and Industrial Policy in Moscow**
**Editor:** Thank you for joining us today, Mr. Garbu. Recent reports indicate that BRICS countries account for approximately 22% of Moscow’s non-oil exports to friendly nations. Can you elaborate on the significance of this figure?
**Anatoly Garbu:** Thank you for having me. The 22% figure is significant as it reflects our growing trade relationships with BRICS nations, showcasing our commitment to diversifying our export markets beyond traditional partners. This is a key aspect of our strategy to support industrial exports and increase Moscow’s presence in various global markets.
**Editor:** You mentioned the substantial growth in trade between Moscow and specific BRICS countries. For instance, trade with Egypt surged by 50%, and with India by 33% during the first seven months of this year. What factors do you believe contributed to this increase?
**Anatoly Garbu:** Several factors contribute to this positive trend. First and foremost, our city is actively exploring new partnership opportunities and avenues for collaboration. Initiatives launched under the directives of Mayor Sergei Sobyanin have helped facilitate these trade advancements, especially with countries like Egypt and India, where interest in Russian products is growing.
**Editor:** In the context of BRICS countries, China is a major importer, making up about 32% of our total exports there. How do you view this relationship moving forward?
**Anatoly Garbu:** China’s role as the top importer is crucial for our economy. As we strengthen our trade ties with China, we also look for ways to diversify our exports to enhance resilience. The collaboration encompasses not just trade but also technological exchange and investment opportunities, which we aim to capitalize on in the coming years.
**Editor:** can you share some insight into future plans or initiatives the Moscow government is implementing to bolster these export figures further?
**Anatoly Garbu:** Absolutely. We are launching several initiatives aimed at promoting Moscow’s industrial products abroad. This includes organizing trade missions, participating in international trade fairs, and facilitating networking opportunities for our companies. By actively supporting our local businesses, we hope to expand our export base and build lasting partnerships globally, focusing especially on our BRICS allies.
**Editor:** Thank you, Mr. Garbu, for your insights. It’s evident that Moscow is making significant strides in enhancing its export capabilities and fostering international partnerships.
**Anatoly Garbu:** Thank you for the opportunity to share our vision. We’re excited about the future and the potential of our trade relationships.
