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From our part we will make everything necessary for the creation of the best conditions for attraction of capital to Russia."
D. Medvedev, President of the Russian Federation

Our investment image is actually the sum of all here presented investment images: all departments, the organizations - and parts which are certainly not present here. Therefore the condition of our investment climate and perception of our state, our economy, in the opinion of investors, after all will also depend on our coordinated work.
D. Medvedev, President of the Russian Federation

In the 21st century, a full-scale modernization is again necessary for our country. And it will be the first experience of modernization in our history based on democratic values and institutions. Instead of a primitive raw materials economy, we will create a clever economy, which will produce new things and technologies - things and technologies useful for the people.
D. Medvedev, President of the Russian Federation

From our part we will make everything necessary for the creation of the best conditions for attraction of capital to Russia."
D. Medvedev, President of the Russian Federation

Our investment climate is not extremely bad, but if to speak frankly, lately we havent done much for its improvement. Besides, we are coming out from a crisis situation and we are engaged in the modernization of our country and our economy."
D. Medvedev, President of the Russian Federation

It makes sense to think of improvement of mechanisms of cooperation with foreign investors. It would be in demand, considering the situation in the world economy and the experience which has developed in the interaction with our partners in previous years."
D. Medvedev, President of the Russian Federation

I am sure that those who address us today, offering investment and technologies, will receive competitive advantages, not only on Russian, but also on the international market."
D. Medvedev, President of the Russian Federation

The Cabinet of Ministers is now conductive active work on the formation of a favorable environment for business, the decision on elimination of many superfluous administrative barriers, development of competition, has already been accepted. These are a kind of Augean stables in our country, where we have more than enough barriers and restrictions. And the problem is not even that there are many of them, but that they are constantly generated at different levels."
V. Putin, Chairman of the Government of the Russian Federation

These are a kind of Augean stables in our country, where we have more than enough barriers and restrictions. And the problem is not even that there are many of them, but that they are constantly generated at different levels. It seems that in our country its bred in the bone to command everything."
V. Putin, the Prime minister of the Russian Federation

2010 2011 should be the years of serious improvement in the investment climate. We passed many institutional reforms, and in our opinion, the problem is that we do not always complete them. We discussed the priorities with representatives of business."
E. Nabiullina, Minister of Economic Development of the Russian Federation

Its not the time to put investment plans to the back burner. It is necessary to see not only bad, but also the good in a crisis One of the obvious lessons of the crisis we need investments into efficiency, into infrastructure, into small and average projects which can change the structure of our economy, to raise its efficiency."
E. Nabiullina, Minister of Economic Development of the Russian Federation

It is necessary to essentially facilitate the conditions of the functioning of business and to be closely engage in the improvement of the investment climate in Russia."
I. Shuvalov, First Deputy Prime Minister of the Russian Federation

We have rather progressive legislation, except for regulation of strategic investments. Considering a conjuncture in the world market of capital, it is necessary to simplify the access to strategic branches for foreign investors. Now operate the requirements when it is necessary to co-ordinate on the governmental commission more than five percent of shares of the companies of strategic industries. There are many restrictions not only within the limits of the law, but also in subordinate legislation. Besides, if to look narrowly at those decisions, which the governmental commission takes after all, it will appear that these permissions are provided to offshore companies of Russian origin. It is obvious, that it is necessary to make this filter made simpler."
I. Vdovin, Chairman of the Board of the National Agency of Direct Investments, the Co-chairman of the Committee of the Russian Union of Industrialists and Businessmen (RSPP) on public-private partnerships and investment policy

The estimation of an investment climate of the country consists of two components - investment potential and investment risk. For German enterprises, Russia, despite the consequences of economic and financial crisis, is still a very attractive market from the point of view of investment potential."
R. Bruderle, Minister of Economics and Technology of Germany

The main obstacle in the way of new investors to Russia is connected with the general image of the country in the world. The announcement of 2010 being Year of Russia in France should help essentially in solving this problem. Everything that our people know about Russia is the Chechen Republic and infringements of human rights. With such knowledge baggage, an investor will not put up money. The stream of tourists from France now is lower than it was in the days of the Soviet Union. And after all the better people know the country, the easier it is to make the decision on making an investment. For improvement of image, it would be good that the Russian companies made investments into the French economy. Meanwhile, Russian businessmen are perceived in France only as buyers of luxury villas."
F. Pegorier, Trading Adviser of the Economic Mission of the Embassy of France

I think that Russia and the Russian economy can achieve modernization. But it can be carried out only in the presence of a certain strategy, which should necessarily comprise also the cooperation with other countries, with foreign manufacturers. Im not sure that all political and economic figures in Russia understand the necessity of such a strategy."
F. Shauff, Head of the Association of European Businesses in the Russian Federation

It is necessary to make a breakthrough in the field of improvement of the investment climate in Russia. Seeing the responses of many foreign investors, the problem with image still exists in Russia. There is still a gap between the Russian reality and how it is perceived abroad. However, those investors who already work in the country do see that Russia is an interesting country from the point of view of investments. No doubt, it would be desirable to have more guarantees and support from the state, but even taking into account the existing conditions of activity, Russia is the country with huge investment potential."
A. Ivlev, Partner of "Ernst and Young", Head of Work with Clients and Branch Development in the CIS countries

However, those investors who already work in the country do see that Russia is an interesting country from the point of view of investments. No doubt, it would be desirable to have more guarantees and support from the state, but even taking into account the existing conditions of activity, Russia is the country with huge investment potential."
A. Ivlev, Partner of "Ernst and Young"

Russia and Brazil again will be among the most successful investment markets this year."
N. Timberlake, Head of HSBC Global Asset Management on the share markets

The Government of Russia should create such an investment climate in the country that a simple Russian, the potential businessman, could invest his time and be sure, that if he creates a successful company, he can either make IPO through the Moscow Interbank Stock Exchange, he can receive financial resources from pension funds, and no raiders will steal his property. This is the biggest problem, and the task of creation of a favorable investment climate is not for foreign investors, but for the citizens of Russia."
Charles Ryan, Chairman of the Board of Directors at UFG Asset Management

Our investment climate, obviously, will still leave much to be desired for a very long time. Even with the great efforts of our government and society, the investment climate will hardly improve given the way our courts work, radical decrease of corruption ."
Alexander Voloshin, Chairman of the Board of directors Norilsky Nickel


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Council for Investment Climate Development, 2011

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