Ratnik combat gear enters service, delivery to army beginsMilitary & Defense August 23, 11:16
Massive fire in Russia's Rostov-on Don caused by arson — sourceSociety & Culture August 23, 9:23
US visa suspension move tramples on idea of freedom — senior Russian diplomatRussian Politics & Diplomacy August 23, 6:19
Bout barred from calling out of US jail, meeting relatives for 2 months - lawyerWorld August 23, 4:57
Russia marking day of defeat of Nazi forces in world’s biggest-ever armor operationSociety & Culture August 23, 3:18
Ukrainian president briefs other Normandy Four leaders about his trip to DonbassWorld August 23, 2:23
Normandy Four leaders support expected ceasefire in Ukraine — KremlinRussian Politics & Diplomacy August 23, 0:27
Russia beginning development of response to new anti-Russian sanctions by USRussian Politics & Diplomacy August 22, 23:14
Investigators claim to have enough evidence to prove Serebrennikov guilty of fraudRussian Politics & Diplomacy August 22, 21:35
MOSCOW, May 24. /TASS/. Foreign businesses operating in Russia lack guarantees from the state that the terms of investment will remain unchanged, Russian business ombudsman Boris Titov said in an annual report to the Russian president.
Accroding to Titov, this fact affects Russia’s foreign investment potential.
"A foreign investor has no guarantees that terms and conditions of investing in Russia will remain unchanged. There is a risk that the state may revoke previously introduced measures intended to stimulate investment," the report reads.
"Investors are unable to evaluate the risks and potential expenditures in case regulations are amended. This seriously decreases Russia’s investment potential and prevents due observance of requirements, established by the state," the document continues.
The report also says that innovation companies are not receiving proper guarantees of protection for the results of their scientific research, and this creates additional risks for foreign investors.
"At the same time, there is a negative tendency toward introducing the possibility of limiting the investors’ intellectual property rights by introducing mandatory licensing of intellectual rights or by amending the concept of exhaustion of intellectual property rights through introducing parallel importing," the report reads.