Background

Presentation of the IFTD at the Financial and Business Association of Euro-Asian Cooperation

The International Fund for Technological Development (IFTD), acting under the auspices of the IBEC, made a presentation within the framework of an enlarged meeting of the Board of the Financial and Business Association of Euro-Asian Cooperation (FBA EAC). The members of the Supervisory and Business Councils of the Association also attended the meeting.

In his opening remarks, Chairman of the IBEC Board Denis Ivanov singled out as a priority of the Fund, created by IBEC in partnership with the Government of Russia, the cooperation with the IBEC member countries and reducing barriers to the dissemination of advanced technologies that contribute to the achievement of sustainable development goals.

During the presentation, the head of the IFTD Vadim Kulikov spoke about the main tasks and activities of the Fund as a global technology investor, among which – assistance in the creation of the new ones and development of existing high-tech industries in the Russian Federation and partner countries. Priority areas – mechanical engineering and tool engineering, resource-saving technologies, socially significant industries.

The meeting participants acquired the information on the activities of the IFTD with great interest, an active and interested exchange of views took place on various aspects of cooperation with the Fund. The parties reached an agreement on using the FBA EAC platform to develop contacts between the Fund and the members and partners of the Association.

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