Lavrov: Russia’s Aerospace Force maintains security of Russian personnel in SyriaRussian Politics & Diplomacy April 25, 14:07
China's Huawei to invest $3 mln in joint projects with Russia in 2017Business & Economy April 25, 13:33
Mongolia asks Russia to arm its air defense forcesMilitary & Defense April 25, 13:19
Serbian military wants to take part in demining PalmyraWorld April 25, 13:06
Press review: Trump turns up heat on Iran nukes and US seeks to restore safe Syrian skiesPress Review April 25, 13:00
New GLONASS satellites will be transmitting encoded signalScience & Space April 25, 12:56
Russia calls for unbiased investigation into incident with OSCE mission in DonbassRussian Politics & Diplomacy April 25, 12:52
Russia, Serbia to boost military cooperationMilitary & Defense April 25, 12:36
Russia, Qatar eyeing joint projects worth $12 blnBusiness & Economy April 25, 11:58
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.