Foreign investors are ready to break into Russia

10 August 2018, 16:45 | Economy
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The investment potential of Russia is underestimated. To this conclusion came the representative of BCS Global Luis Saens. In his opinion, the way a country copes with sanctions, it perfectly characterizes it. The import substitution program, the state support of a number of industries, for example, the military industry, opened up opportunities for economic growth. Now the main thing is to gain access to the world market, which will open after the lifting of sanctions, an expert on the pages of International Investment. He points to another plus - a cheap ruble makes Russian goods more competitive. Meanwhile, much still needs to be done, in particular, to make efforts to attract international corporations as a tool for financing and selling products.

"The movement from the export of raw materials to the export of consumer goods will require foreign investment in order to bring these products to the standards adopted in developed markets," says Saenz. In his opinion, the Russian authorities already now have to launch an intensive international PR campaign, drawing the attention of foreign investors to the advantages of the Russian Federation - educated and qualified specialists and low by Western standards, that is, competitive salaries.

And then, after the lifting of sanctions in Russia, there will be a real investment boom.




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