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The Business Environment

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This presentation is made by Ylva Berg. Presented during the Development Day conference 2019.

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The Business Environment

  1. 1. The Business Environment Development Day 2019 @ SITE, SSE Ylva Berg Business Sweden Nov 12, 2019 1
  2. 2. #%$#%$# BUSINESS SWEDEN 2 BUSINESS SWEDEN STOCKHOLM HELSINKI MOSCOW RIGA WARSAW ISTANBUL MILAN MADRID PARIS LONDON THE HAGUE OSLO COPENHAGEN BERLIN PRAGUE VIENNA BUDAPEST ALMATY
  3. 3. #%$#%$# BUSINESS SWEDEN 3 The Challenge Source: IMF, Transparency International High growth opportunity – GDP growth 2018 (IMF) Corruption perception index – 2018 (Transparency Intl)
  4. 4. #%$#%$# BUSINESS SWEDEN 4 Key trade figures with Eastern Europe and Central Asia 1.8% 3.3% • Sweden’s export to Eastern Europe and Central Asia is about 25 BSEK (1.8% of total exports) • Machinery and telecom equipment make bulk of exports • Sweden’s import from Eastern Europe and Central Asia is about 49 BSEK (3.3% of total imports) • Minerals and petroleum (crude and refined) are main imports Source: Kommerskollegium, http://statistikblad.kommers.se/en/?code=10&period=201812&type=html 0 10 20 30 40 50 60 70 2013 2014 2015 2016 2017 2018 BSEK Sweden’s trade with Eastern Europe (non EU) and Central Asia Imports Exports
  5. 5. #%$#%$# BUSINESS SWEDEN 5 Key concerns of Swedish companies present in Central Asia Political instability Corruption Non-transparent legislation Socio-economic instability Unfair competition Bureaucracy Exchange rate fluctuation low impact moderate impact high impact Source: Business Sweden survey, 2017. Survey of 56 Swedish companies primarily in Kazakhstan
  6. 6. #%$#%$# BUSINESS SWEDEN 6 Business Sweden’s view on complex markets Not for everyone Do your homework Ask for support Never ever compromise on ethical standards

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