Russian PM expects stronger negative effect of anti-Russia sanctions on country’s economyBusiness & Economy June 26, 13:53
Kremlin spokesman says Putin, Trump to meet in HamburgRussian Politics & Diplomacy June 26, 13:39
Russia to wean off Ukrainian gas turbine engines by mid-2018Business & Economy June 26, 13:17
Astana meeting on Syria to focus on de-escalation zones — LavrovRussian Politics & Diplomacy June 26, 13:07
Northern Fleet divers resume surveying of WWII Arctic convoy transporterBusiness & Economy June 26, 13:00
Press review: Doubts over Putin-Trump talks and cornerstones for 2018 elections in RussiaPress Review June 26, 13:00
Top official says Russia’s warships operating in Syria praised by market playersMilitary & Defense June 26, 12:48
Russian arms exporter raked in $24 bln for selling 50 warships since 2000Military & Defense June 26, 12:39
Attack aircraft exercise on mock-up ‘enemy’ targets results in smashing successMilitary & Defense June 26, 12:14
VLADIVOSTOK, September 7 (Itar-Tass) — Russia’s First Deputy Prime Minister Igor Shuvalov has opposed the creation of special conditions for foreign investors.
“No special conditions in the form of tax concessions should be, although many experts are discussing this. I categorically oppose this move,” he told the APEC business summit on Friday.
“I believe that what we do, what Russia can provide, these are exclusive conditions for investors. If the rights of investors are protected, property rights will work exceptionally, the legal system will operate as that in the member-states of the Organization for Economic Cooperation and Development, then together with our mineral resources this is the answer to the question why we need to invest money here,” he said.
“But still there are certain risks for investors and it is impossible to minimize these risks by making a zero tax rate,” Shuvalov said. “I do not think this will be right.”