ASEAN KEY DESTINATIONS
German Gref and Lee Kuan Yew meet businessmen from BRIC economies in Singapore
RIA Novosti's Mikhail Tsyganov
On Tuesday, Singapore hosted the Second Russia-Singapore Business Forum, which involved over 200 Russian companies.
During the final special session Russian Economic Development and Trade Minister German Gref, who attended the Forum, and long-serving former Prime Minister and Minister Mentor Lee Kuan Yew, the founding father of modern Singapore, met businessmen from BRIC countries, i.e. Brazil, Russia, India and China.
Ms. Euleen Goh, chairman of International Enterprise Singapore, said the insular state has displayed its capacity to gather industry captains from the world’s four most promising economies.
“This does not mean that there is any single concept for the BRIC,” Gref told RIA Novosti after the Forum.
According to the Minister it's just that “these four countries are posting the world’s highest growth rates and will determine the pace of global development.”
“Just like Singapore, Russia perceives its future in openness,” Gref said.
“I hope Russia will join the World Trade Organization this year, and we want to propose rules of the game [for the WTO] that would serve the interests of developing countries,” the Russian Minister Gref said.
According to Gref, former Prime Minister Lee is a politician "owned" by all the world and “the main driving force of Russian-Singaporean relations.”
“I have been watching Russian developments since 1991, …and (believe) you are now stabilizing your country,” Lee said.
“The West often says that development must follow their own prescriptions, but I do not belong to those who think that democracy and the free market can solve all problems,” he said.
“Order, discipline, the rule of law and confidence in everyday life are essential,” he believes.
After the Forum, Gref and the rest of the Russian delegation before leaving for home together with Minister Mentor Lee Kuan Yew watched Ice-Skating Extravaganza by many Russian World and Olympics figure skating champions on Sentosa resort island.
"To make the impossible possible", was the theme of this brilliant show said Ruben Vardanian - the head of the leading Russian investment company Troika Dialog that was acting a co-organizer of the forum.