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Russia PM: Political situation dictates conditions to foreign investors

March 24, 2016, 15:23 UTC+3

According to the prime minister, international investors in Russia will be provided with the supportive environment

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Russian Prime Minister Dmitry Medvedev

Russian Prime Minister Dmitry Medvedev

© Yekaterina Shtukina/Russian Government Press Office/TASS

MOSCOW, March 24. /TASS/. Russia intends to develop investment cooperation with other countries despite sanctions and to create supportive environment for international investors, Prime Minister Dmitry Medvedev said on Thursday at the foreign investments commission’s meeting.

"We are going to continue developing investment cooperation despite sanctions and difficulties in economic interaction. Our economy remains open in this aspect," Medvedev said.

"Now, when the political situation actually dictates its conditions to the foreign business, we pay special attention and respect to those investors and foreign companies that continue working in our country or come to us with investment," he added.

At the same time, international investors will be provided with the supportive environment, the prime minister said. "We are ready to create conditions [for foreign investors] so that they feel comfortable and see benefits from implementing major projects in the Russian economy," he added.

"Such economic cooperation will benefit both sides: Russian companies will receive required financial resources, modern technologies, management solutions and innovative products, while foreign counterparts will strengthen their positions on the Russian market," Medvedev said

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