Deputy Minister of Industry and Trade of the Russian Federation visited the ExpoElectronica and ElectronTechExpo exhibitions

On April 14, 2021, the 23rd International exhibition of electronic components, modules and systems ExpoElectronica, held at the Crocus Expo IEC simultaneously with the 18th International exhibition of technologies, equipment and materials for electronic and electrical industries, was visited by the Deputy Minister of Industry and Trade of the Russian Federation Vasily Shpak. The Deputy Minister examined the stands of Russian manufacturers, got acquainted with the latest in electronic components, modules, components, as well as, together with the Deputy Chairman of the Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship and a member of the Commission on Legal Support for the Development of Defense Industrial Complex Organizations of the Russian Federation, Deputy Denis Kravchenko and Deputy Chairman of the Federation Council Committee on Economic Policy Konstantin Dolgov took part in the conference “High-quality Russian auto electronics — the basis of a highly localized automotive industry” as part of the business program of exhibitions.

In his speech, Vasily Shpak noted that close attention is riveted to electronics today, both in Russia and abroad. With the increasing digitalization, electronics penetrates deeper and deeper into all areas of our life, and in the light of the global crisis, many countries are striving to create a sovereign production base. “The development of electronics and microelectronics today determines the country’s competitive position in a changing world,” the Deputy Minister said, separately stressing that, for its part, the Ministry of Industry and Trade is ready to do everything so that domestic electronics return to technological chains in all commodity and product groups. As Mr. Shpak told, auto electronics is one of the most important segments due to the massiveness of the market. Vasily Shpak described the current situation, when many manufacturers are forced to diversify their suppliers in order to secure production and provide it with uninterrupted supplies of components, as a “historical chance for Russian auto electronics” the point of view of possible budgetary injections. The Deputy Minister of Industry and Trade also thanked colleagues from the State Duma and the Federation Council for effective and well-coordinated work in this direction. At the end of the speech, Mr. Shpak once again confirmed the readiness of the Ministry of Industry and Trade to help achieve the goals of returning Russian manufacturers to the supply chain for car manufacturers.