Go Global 2015

Seminar – Doing Business in EMEA Emerging Markets – Russia & CIS and Turkey

EMEA Emerging Markets: Russia & CIS and Turkey – speakers Yuri Andreev (Moscow) and Chris Gaunt (Turkey)

Why Russia?

Russia is the country with enormous economic potential covering the area of 10 time zones from Pacific coast to the Baltics with the population of over 145 million people. Its GDP of over USD 2 trillion allocates this economy within top ten global powers. Russia is the global leader in commodity markets including 10.5 bpd crude production, largest gas production, metals, coals and many other minerals. These fundamentals provide major growth opportunities within consumer spending, launching ambitious programmes of innovation, supporting and developing the infrastructures, education and public health.

This is also one of the most challenging and unstable market with continuously changing and evolving business, political and cultural environments where success may depend of decisions taken too fast or very slow. The current stage of Russian relations with western countries and UK in particular is one of the most difficult within recent history. Nevertheless UK and Scottish palyers remain strong within Russian market with over USD 20 billion of bilateral trade.

The local on-the-ground support provided by SDI Moscow is imminent for many Scottish larger and small and medium size companies who often find the market offers a lot more opportunities then initially anticipated. We are going to tell you what it takes to be successful if you have a major industrial product or if you run a craft beer brewery and many other businesses in between, please talk to us and find more about the service we can deliver!

Why Turkey?

UK -Turkey trade has risen by almost 40% since 2009 to over US$ 11 billion a year. Currently UK is Turkey’s 8th biggest trade partner with about 4% market share in its overall trade. UK exports to Turkey amounted to USD 7 bln in 2014. Turkey is of strategic importance for the UK - alongside the BRICS and MINT countries

·  Turkey is the world’s 16th and Europe’s 6th largest economy.

·  One of the world’s biggest markets with a population of 76 million and a labour force of 28 million.

·  Half of the population is below the age of 30 (youngest in Europe).

·  According to HSBC’s “The World in 2050” report, Turkey will be the world’s 12th and Europe’s 5th biggest economy by 2050.

·  3.5 % economic growth was recorded in 2014.