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Russian prime minister calls for more active efforts to promote Russia’s investment image

April 29, 2013, 16:55 UTC+3

“To put it mildly, our investment clime leaves much to be desired", he said

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MOSCOW, April 29 (Itar-Tass) - Russian Prime Minister Dmitry Medvedev has called to take more active effort to promote Russia’s investment image.

“To put it mildly, our investment clime leaves much to be desired. There are a lot of problems, but, to a certain extent, it [the investment climate] is better than it is believed,” Medvedev said on Monday at a board meeting of the Ministry of Economic Development. “We understand that a whole group of our partners, including from the BRICS (Brazil, Russia, India, China, and South Africa), many indices are no better that ours.” But in various ratings, these states “feel much better,” he noted.

“This is not a pretext to blow out the cheeks saying they don’t like or love us, that it stems from political processes, that it is a traditional mistrust in Russia and so on,” he stressed. “This is a reason to take more active efforts to promote our investment image, to clarify our advantages.”

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