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Foreign investor participation allowed

Russia is prepared to offer foreign investors participation in profitable economic projects. This is what the head of the Russian Union of Industrialists and Businessmen Alexander Shokhin said during an international investment conference held in London. He spoke on the strategy of the development of Russian business and the country’s foreign policy, which are both aimed at making Russia much more attractive for investors.

Alexander Shokhin emphasized that Russia’s numerous rivals cannot ensure the level of political and economic transparency and stability that Russia guarantees as a result of continuity in state policy. Only two years ago, Russian businessmen participating in London forums had to explain that Russia is a promising country and business can be done there. What is discussed today is the implementation of the most ambitious investment project in Russia with minimal risk for investors under the most advantageous conditions.

“The new format of the London forum has good prospects. It becomes more business-like. Russia is promoted as a country attracting investment and investing capital abroad via its companies. We are prepared to demonstrate our potential in various regions of the world. Russian middle-size companies should also be promoted at the international level, this is most important for Russian regions,” Mr. Shokhin noted.

At the London forum Alexander Shokhin presented Russia as a global gambler and a new financial center. He underlined that Russia is seen as a full-fledged member of the group of eight most industrialized countries. The head of the Russian Union of Industrialists emphasized that Russia’s chances of influencing the world economy are growing. The country’s gold reserves alone exceeded 506 billion U.S. dollars.

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