OREANDA-NEWS. December 24, 2007. Meeting of the Russian Union of Industrialists and Entrepreneurs Coordination Council for the Central Federal District was held at the All-Russian Exhibition center (RUIE CC CFD) under the chairmanship of Andrey Borodin, the President of the Bank of Moscow.

As part of the RUIE CC CFD meeting, a conception of the Central Federal District Investment Strategy was presented for discussion. The Investment Strategy was developed as a program document containing the main priorities for economic development of the Central Federal District.

The main target of the Investment Strategy (IS) was to develop and implement a balanced investment scenario, and to mobilize the investment resources and to use the funds in more efficient way.

Over the period since the last meeting of RUIE CC, some proposals to the Investment Strategy has been submitted by 7 regions of CFD (Moscow, Ivanovo, Tver, Lipetsk, Briansk, Kaluga and Smolensk regions).

"The Investment Strategy is a constituent part of the general strategy targeted to improve competitiveness of the national economy, – said Andrey Borodin, the Chairman of RUIE CC CFD and President of the Bank of Moscow. – I believe while discussing the IS we should focus on specific components including the matters relating to training, attracting and reserving qualified personnel in the regions of the Central Federal District. For example, as the practice proves that, one of the ways to resolve the problem of personnel deficiency can be to apply corporate mortgage loan programs in a number of CFD enterprises. On the other hand, IS was designed as a tool for dynamic development of all the regions, and in this view the strategy should neutralize negative aspects of intensively growing Moscow agglomeration and make competition increased among provincial regions for investment funds".

At the meeting, the members of RUIE CC CFD have approved a work plan of the Council for 2008, and the decision was made to hold meetings on the quarterly base. Noteworthy that the management structure of CC was made changed: Yury Tokayev, the President of the Union of Industrialists and Entrepreneurs of Ivanovo District, the Chairman of Boards of Directors of OAO MK KranEks, and Vladimir Denisov, Vice-President and Director of the State Authorities Department of the Bank of Moscow were nominated Deputy Chairmen of the Council.

Later, within the CFD events, a meeting of Trilateral Commission for Regulating Social and Labor Relations was held with participation of a plenipotentiary representative of the RF President in CFD, and an Agreement for Regulating Social and Labor Relations in CFD regions for the period from 2008 to 1010 was concluded between representatives of executive authorities, employers and trade unions. The agreement was signed by the governors of the CFD regions, Andrey Borodin, the Chairman of RUIE CC CFD, and Ivan Parashchak, the Chairman of the Trade Union Territorial Association, respectively.

Said Andrey Borodin, the Chairman of RUIE CC CFD: "At the time, most entrepreneurs realize that the reasonable social policy is one of the main keystones of successful business. The agreement signed today had been developed with taking into account the interests of all the parties including regional authorities, business circles and trade unions. I believe that this new agreement would help the Central Federal District enterprises to establish more balanced policy in the area of social and labor relations".