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Shuvalov to chair session of panel on foreign investments

Sessions of the CCFI Executive are held 3-4 times a year

KALININGRAD, May 24 (Itar-Tass) - A session of the Executive Committee of the Consultative Council on Foreign Investments in Russia (CCFI) is to be held in Svetlogorsk, Kaliningrad Region, on Friday under the chairmanship of RF First Vice-Premier Igor Shuvalov, an official in the press service of the Kaliningrad Region government told Itar-Tass.

The top managers of Russian and international corporations, leading consulting companies, and officials of Federal ministries and agencies will take part in the session.

Within the scope of the CCFI Executive session, there will be panel discussions on refinement of customs legislation, technical regulation, removal of administrative barriers, the development of the banking sector and financial markets of Russia, trade and consumer sector, and innovative development.

Igor Shuvalov, Sergei Belyakov, RF Minister of Economic Development, Alexander Ivlev, coordinator of foreign members of the CCFI, and the Ernst & Young Company's managing partner on Russia, Stanislav Voskresensky, deputy plenipotentiary representatives of the RF President in the North-Western Federal District, and Kaliningrad Region Governor Nikolai Tsukanov will address those present at a a plenary meeting.

The CCFI is a permanently functioning body to the RF government, comprising major foreign investors operating in Russia. The CCFI mission is to contribute to attracting foreign investments in the Russian economy and to improving the investment climate for foreign investors.

Sessions of the CCFI Executive are held 3-4 times a year. The purpose of such meeting is to analyze the results of activities of CCFI working groups, and discuss the required actions, or decisions on implementing measures worked out by them.

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