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Medvedev adopts action plan for improvement of Russia’s investment attractiveness

June 11, 2013, 20:12 UTC+3
The new roadmap embraces a whole range of various measures aimed at the improvement of the state mechanisms for the business activity regulation
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GORKI, June 11 (Itar-Tass) - Russia’s Prime Minister Dmitry Medvedev has adopted the “roadmap” aimed at the improvement of the country’s investment improvement.

While addressing participants in Tuesday’s meeting devoted to the working out and implementation of action plans, the prime minister said, “Just now, I adopt the ninth ‘roadmap’ pertaining to the improvement of the quality of the regulator environment.” The key goal of the roadmap is the simplifying and stepping up of formalities, which finally can improve Russia’s investment attractiveness, he explained.

The activities in the format of the national business initiative started more than a year ago, Medvedev reaffirmed, adding already more than 12 months have passed since the approval of the first roadmaps.

The new roadmap embraces a whole range of various measures aimed at the improvement of the state mechanisms for the business activity regulation. The roadmap’s measures will make it possible to facilitate the state-business interaction in the format of the control and supervision work, which is expected to raise business transparency and comfortability.

According to the roadmap designers, the action plan will aim at the increase of the efficiency (through the abandoning from non-productive labour cost), improvement of the Russian investment attractiveness, growth of the competitiveness of Russia-made goods (through the abandoning from over-requirements).

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