The Russians Were Here!!!

Posted on: May 4th, 2012

Over 200 prominent Russian businessmen converged on Antigua and Barbuda for the 4th Annual Russian Business Sailing Week from March 17th to March 23rd 2012.


The event organized as an annual “getaway’ for Russian businessmen with the involvement of major Russian Business Media, had been organized in collaboration with the Ministry of Tourism, The National Parks Authority, The Antigua and Barbuda Investment Authority (ABIA), The Jolly Harbour Marina Village, and the Jolly Beach Resort.


For seven days the Russians had an insightful taste of and viewed the beauty of the islands while ingesting some of our rich Antiguan culture, while at the same time having the opportunity to seek avenues of investment available in the twin island state. A week of activities saw the inclusion of business forums organized by the Antigua and Barbuda Investment Authority. The climax of these forums took place on Tuesday March 20th at the Commercial Center of the Jolly Harbour Marina Village. (See photos below)


“Activities such as this are extremely important because of the economic value which is attached to it. Several million dollars will be pumped into the local economy as a result of yacht rentals, food, entertainment and transportation purchases”, stated Mr. Fitzmaurice Christian, Investment Promotion Director at ABIA.


He continued, “Further adding value to the package, is the fact that several high network individuals looking for investment opportunities are a part of this grouping and we will be taking the opportunity on Tuesday evening during the Antiguan Business Forum to highlight avenues available for investment in Antigua and Barbuda.”


As a part of the week long activities, Minister of Tourism the Hon. John Maginley welcomed the Russians to Antigua during the official Welcome Reception held at the Jolly Beach Resort on March 17, and stated that his team has “pulled out all the stops” to ensure that their visit is memorable. He urged them to “indulge in all that the island has to offer, enjoy the races and of course be safe”.


Russian Consul for the Eastern Caribbean Mr. Egor Blagodatskiy took time out from his busy schedule in Jamaica to attend the Welcome ceremony. The Hon. Minister of Tourism conveyed sincere appreciation for the kind gesture.


The closing ceremony and final presentation of awards took place on Friday 23, at the Copper and Lumber Restaurant with Prime Minister Dr. The Hon. Baldwin Spencer presenting a self-titled trophy awarding the winner of the first division while Tourism Minister the Hon. John Maginley presented a trophy awarding the winner of the second division.