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Foreign investments in Russian economy almost double in first half of 2017 — PM Medvedev

Now companies that are members of the Advisory Council on Foreign Investments are implementing more than 20 investment projects in Russia, the prime minister said

GORKI, October 16. /TASS/. The volume of foreign direct investment has almost doubled in the first half of 2017 in comparison with the same period in 2016, Prime Minister Dmitry Medvedev said at a meeting of the Foreign Investment Advisory Council.

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"Over the first half of the year, the volume of foreign direct investment more than doubled compared to the same period last year," Medvedev said without specifying the amount.

But he said that for the whole period of the Council’s work investments by the foreign companies that are members of the Council exceeded $165 bln.

According to the prime minister, now companies that are members of the Advisory Council on Foreign Investments are implementing more than 20 investment projects in Russia in various sectors of the economy (from energy to digital economy).

"In all cases, it implies the launch or substantial modernization of production sites, creation of new capacities. New products emerge on the market. The total volume of investments for these projects is estimated at billions of rubles," he said.

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Dmitry Medvedev

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Japanese government refrains from commenting on Russia’s latest hypersonic missile

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Ex-UK Labor party leader wants PM to clarify situation with Storm Shadow missiles

Jeremy Corbyn called for de-escalation of the situationin Ukraine and the search for a diplomatic solution to achieve peace

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Japanese lawmaker praises Putin's restraint amid decision to strike deep into Russia

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German politician slams Ukraine’s ‘irresponsible’ strike on Russia with UK-made missiles

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Moscow hopes West will thoroughly analyze Russia's nuclear doctrine — ambassador

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Ukrainian special services assemble unit for sabotage attacks in Kupyansk — official

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Russia’s re-election to UNCITRAL confirms its global reputation — Foreign Ministry

Russia got the support of 129 countries in a November 20 vote in New York at the 40th plenary session of the UN General Assembly

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US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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NATO enters conflict, Russia has every right to attack its targets now — expert

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West’s decision on missile strikes gives Russia free hand to attack NATO bases — expert

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Russia fires ballistic, non-nuclear-tipped missile at Ukrainian aerospace plant — Putin

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Russia interested in security of Baltic undersea infrastructure — embassy in Denmark

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Russia to use revenues from frozen assets of Western investors — Finance Minister

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