Ministry reports US spy agencies' latest attempt to recruit Russian worker was on Jan 14Russian Politics & Diplomacy January 18, 21:57
Austria’s president-elect says he is ready to maintain good relations with RussiaWorld January 18, 21:50
Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
Russian Eurobonds may be floated in spring 2017 — finance ministerBusiness & Economy January 18, 19:48
Russia, Turkey report 14 ceasefire breaches in Syria per dayWorld January 18, 19:17
Analyst believes removal of sanctions can be political bargaining chip with RussiaRussian Politics & Diplomacy January 18, 18:45
Arctic Forum’s task is to change perception of region as source of raw material — officialBusiness & Economy January 18, 18:28
OPEC revises Russia’s oil production outlook downward by 110,000 bpd in 2017Business & Economy January 18, 18:20
HELSINKI, November 28. /ITAR-TASS/. The potential of Russian-Finnish innovation cooperation is not yet fully tapped, Igor Koval, director of the Investment Policy Department in the Russian Ministry of Economic Development, told the Rubicon Finnish-Russian Investment Forum here on Thursday.
“We believe the potential of Russian-Finnish innovation which is huge is not fully tapped so far. We observe a positive tendency: the volume of Finnish companies’ investment in Russia is now rising and Russian companies are quite active in entering the Finnish market in traditional branches of the economy and in innovation ones,” Koval said.
He said Russian business now has large significant and interesting investment projects in Finland. However, in order to attract still more Finnish investors to Russia, the business climate should be improved.
“There is progress in business climate, but there is room for further improvement,” he said. “We are aware that we should keep abreast of the international practice and exchange experience with our partners,” Koval said.
He said the memorandum of cooperation was signed on Wednesday by the Russian Ministry of Economic Development and the Finnish Ministry of Employment and the Economy.
“The document will promote more vigorous exchange of information on changes in the investment climate and measures being taken to perfect conditions of business, exchange of information on potential investment projects and those that are being implemented and require support of the Finnish and Russian sides,” Koval told Itar-Tass.
“We have also agreed to cooperate more actively in steps to inform business people of the latest changes in legislation and measures of support by both sides,” he said.