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Order of consideration of investors’ application on problematic issues that arise when doing business in Russia

20.08.10
In connection with the incoming requests from the media we give explanation of the procedures of investors’ applications processing in the Russian Economic Development Ministry on the problematic issues that arise when doing business in Russia.
Foreign investors have the opportunity to address their complaints and requests for assistance in investment projects to the Department of Investment Policy and Development of Public and Private Partnership in the Ministry of Economic Development of Russia.
Contact persons at the Ministry of Economic Development of Russia are:
Sergey Belyakov, Director of the Department, tel. +7 (495) 651-7964
Mikhail An, Deputy Director of the Department: tel. +7 (495) 651-7970
Applications may be directed by e-mail to invest@economу.gov.ru, and by fax: +7 (495) 951-9263, +7 (495) 951-5332.

In addition, applications of foreign investors may be admitted by the Advisory Council on Foreign Investments in Russia and other business associations (the American Chamber of Commerce, the Association of European Businesses, etc.).
Currently, the Russian Economic Development Ministry has received 26 complaints of investors, in 11 of which the investors were assisted in solving problems and 15 complaints are in the process of solution.

Also, the Department of Investment Policy and Development of Public and Private Partnership in the Ministry of Economic Development of Russia provides assistance to Russian investors in addressing systemic issues relating to abuses by Federal authorities.
Investors’ complaints are also accepted via the website www.modernrussia.com in the Contact Us section.

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