Minister E.Nabiullina held a meeting of the Executive committee of the Foreign Investment Advisory Council in Russia
On March 19, 2010, Minister E. Nabiullina presided at a meeting of the Executive committee of the Foreign Investment Advisory Council in Russia (FIAC) in the MinEkonomRazvitia (Ministry of Economic Development).
Measures to improve the investment climate prepared by the Ministry of Economic Development of Russia were discussed at the meeting. These measures among other things will be taken in the following areas of work: simplification of the migration regime, reduction of administrative barriers to investment projects, streamlining of the procedures for access to infrastructure, improvement of customs administration, tax policy measures aimed at stimulating investment in upgrading and innovative development of economy, coordinating the investments support in the Russian economy and protection of the investors’ rights.
Participants of the meeting discussed the problems faced by foreign investors and the ways of their early resolution, as well as offers of foreign companies-members of FIAC for further work within priorities established for 2010.
The event was attended by member companies of the Advisory Council, representatives of foreign companies and organizations, leaders and representatives of Federal bodies of executive power.