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Digital Economy and Innovation Discussed by New Members of Vnesheconombank’s Expert Council

The first meeting of Vnesheconombank’s reshuffled Expert Council has been hosted by the Vnesheconombank blockchain commune. The meeting was attended by Andrey Sharonov, Chairman of the Expert Council and President of the Skolkovo Moscow School of Management; Sergey Gorkov, Chairman of Vnesheconombank; Dmitry Belousov, Head of Macroeconomic Analysis and Forecasting of the Centre for Macroeconomic Analysis and Short-Term Forecasting; Alexander Zhukov, First Deputy Chairman of the State Duma of the Federal Assembly of the Russian Federation; Kirill Varlamov, Director of the Internet Initiatives Development Fund; Alevtina Chernikova, Rector of National University of Science and Technology MISiS; and others.


“We view ourselves as a provider of support for Vnesheconombank in strategic matters. Without interfering in day-to-day operations, we will be looking at the priorities of this major development institution in Russia,” Andrey Sharonov said.

The digital economy and innovation were the main focus of attention at the meeting. Vnesheconombank’s Chairman Sergey Gorkov noted that the Bank would be able to present the quantum platform project at the next meeting of the Expert Council.

“When (please note I did not say ‘if’) a quantum computer is created, the world will be completely different. I guess that we will see completely different products and completely different computers, both in content and in form. For example, I have already seen computers that look like a flask. And it is obvious that quantum computers will help us to solve problems that cannot be solved now,” he said.

The General Director of VEB Innovations told the Expert Council about measures to support exit-stage innovation projects in Russia.

Progress Microelectronic Research Institute presented an infrastructure for creating a single platform for commodity flow traceability. The successful implementation of a similar project in Belarus was of interest to the Expert Council. The commodity flow identification system is one of the applications of the digital economy. According to experts, this platform can provide a high level of national security and actual import substitution, contributing to technological development, new highly qualified jobs and improved quality of life.

In October 2017, the Management Board of Vnesheconombank approved new members of the Expert Council for 2017/18 to be chaired by Andrey Sharonov, President of the Skolkovo Moscow School of Management. The change in its operation mode and members will enable the Expert Council to improve the examination of the Bank’s decisions and Vnesheconombank’s contribution to Russia’s socio-economic development. The new members of the Expert Council include representatives of research and educational institutions, development institutions, public authorities and major companies. The total number of members of the Expert Council is 23.

The Expert Council of Vnesheconombank was founded in 2008 to provide an in-depth scientific analysis of the current status, trends and priorities of global and domestic socio-economic development. The Expert Council also prepares recommendations for the Bank’s management about Vnesheconombank’s investment decisions. The Expert Council is traditionally composed of the country’s distinguished scientists and leading experts.


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